Grants, excluding technical cooperation in Eritrea
Eritrea: Grants, excluding technical cooperation was 122.44 million BoP, current US$ in 2023. ◆ Volatile
Grants, excluding technical cooperation in Eritrea, 1971–2023
Source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD). Measured in BoP, current US$.
Analysis
The most recent figure for grants, excluding technical cooperation in Eritrea is 122.44 million BoP, current US$, measured in 2023.
The figure is up 91.1% on the previous year and up 45.2% over ten years.
Over the whole period, grants, excluding technical cooperation in Eritrea peaked at 335.11 million BoP, current US$ in 2019 and was at its lowest, 30,000 BoP, current US$, in 1971.
That places Eritrea 109th out of 180 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.23 million BoP, current US$ | 30,000 BoP, current US$ | 4.93 million BoP, current US$ | 7 |
| 1980s | 3.60 million BoP, current US$ | 1.00 million BoP, current US$ | 5.61 million BoP, current US$ | 8 |
| 1990s | 64.03 million BoP, current US$ | 1.00 million BoP, current US$ | 113.94 million BoP, current US$ | 9 |
| 2000s | 146.00 million BoP, current US$ | 88.85 million BoP, current US$ | 238.66 million BoP, current US$ | 10 |
| 2010s | 113.10 million BoP, current US$ | 55.17 million BoP, current US$ | 335.11 million BoP, current US$ | 10 |
| 2020s | 73.37 million BoP, current US$ | 45.78 million BoP, current US$ | 122.44 million BoP, current US$ | 4 |
Countries ranked near Eritrea
- 106 Sint Maarten (Dutch part) 126.79 million BoP, current US$ compare
- 107 Argentina 125.27 million BoP, current US$ compare
- 108 Marshall Islands 124.64 million BoP, current US$ compare
- 110 Micronesia (country) 122.39 million BoP, current US$ compare
- 111 Tonga 121.36 million BoP, current US$ compare
- 112 New Caledonia 121.16 million BoP, current US$ compare
More economy & growth data for Eritrea
- Exports of goods and services 18.2% (2011)
- Gross national expenditure 137.4% (2011)
- Exports of goods and services 374.90 million current US$ (2011)
- Exports of goods and services 5.76 billion current LCU (2011)
- Exports of goods and services 575.7% (2011)
- Inflation, GDP deflator 19.5% (2011)
- Gross fixed capital formation 260.73 million current US$ (2011)
- Gross fixed capital formation 466.9% (2011)
- Gross fixed capital formation 4.01 billion current LCU (2011)
- GDP deflator 100 base year varies by country (2011)
Frequently asked questions
- What is grants, excluding technical cooperation in Eritrea?
- Grants, excluding technical cooperation in Eritrea was 122.44 million BoP, current US$ in 2023, according to DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD).
- What is the highest grants, excluding technical cooperation recorded in Eritrea?
- The highest recorded value was 335.11 million BoP, current US$ in 2019.
- What is the lowest grants, excluding technical cooperation recorded in Eritrea?
- The lowest recorded value was 30,000 BoP, current US$ in 1971.
- How does Eritrea rank for grants, excluding technical cooperation?
- Eritrea ranks 109th out of 180 countries with data for 2023.
- Is grants, excluding technical cooperation rising or falling in Eritrea?
- Over the last ten years it is up 45.2%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), published as part of Grants, excluding technical cooperation (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.