Net bilateral aid flows from DAC donors, Iceland in Somalia
Somalia: Net bilateral aid flows from DAC donors, Iceland was 842,500 current US$ in 2022. ◆ Volatile
Net bilateral aid flows from DAC donors, Iceland in Somalia, 2011–2022
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
Somalia recorded 842,500 current US$ for net bilateral aid flows from dac donors, iceland in 2022. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 522.7% on the previous year and up 2,006.2% over ten years.
Over the whole period, net bilateral aid flows from dac donors, iceland in Somalia peaked at 842,500 current US$ in 2022 and was at its lowest, 40,000 current US$, in 2012.
That places Somalia 11th out of 38 countries with data for 2022, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 197,758 current US$ | 40,000 current US$ | 347,907 current US$ | 6 |
| 2020s | 488,895 current US$ | 135,290 current US$ | 842,500 current US$ | 2 |
Countries ranked near Somalia
More aid effectiveness data for Somalia
- Net bilateral aid flows from DAC donors, Austria 169,563 current US$ (2023)
- Net ODA received per capita 124.25 current US$ (2023)
- Net official development assistance received 2.28 billion constant 2023 US$ (2023)
- Net ODA received 20.4% (2023)
- Net ODA received 88.2% (2023)
- Net official development assistance received 2.28 billion current US$ (2023)
- Net official development assistance and official aid received 2.28 billion constant 2023 US$ (2023)
- Net official development assistance and official aid received 2.28 billion current US$ (2023)
- Net official flows from UN agencies, UNDP 13.64 million current US$ (2022)
- Net official flows from UN agencies, UNICEF 19.15 million current US$ (2023)
Frequently asked questions
- What is net bilateral aid flows from dac donors, iceland in Somalia?
- Net bilateral aid flows from dac donors, iceland in Somalia was 842,500 current US$ in 2022, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net bilateral aid flows from dac donors, iceland recorded in Somalia?
- The highest recorded value was 842,500 current US$ in 2022.
- What is the lowest net bilateral aid flows from dac donors, iceland recorded in Somalia?
- The lowest recorded value was 40,000 current US$ in 2012.
- How does Somalia rank for net bilateral aid flows from dac donors, iceland?
- Somalia ranks 11th out of 38 countries with data for 2022.
- Is net bilateral aid flows from dac donors, iceland rising or falling in Somalia?
- Over the last ten years it is up 2,006.2%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net bilateral aid flows from DAC donors, Iceland (current US$). Statizoid updates them automatically from the source API.
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About this data
Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars.