Net official development assistance and official aid received in Guinea

Guinea: Net official development assistance and official aid received was 531.75 million constant 2023 US$ in 2023. ◆ Volatile

Latest (2023)
531.75 million constant 2023 US$
Change on year
up 0.1%
World rank
71st
of 180 countries
All-time high
783.34 million constant 2023 US$
in 2020
All-time low
1.38 million constant 2023 US$
in 1960
Years of data
64
1960–2023

Net official development assistance and official aid received in Guinea, 1960–2023

0200.0M400.0M600.0M800.0M196019912023

Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.

Analysis

The most recent figure for net official development assistance and official aid received in Guinea is 531.75 million constant 2023 US$, measured in 2023.

The figure is up 0.1% on the previous year and up 14.6% over ten years.

Over the whole period, net official development assistance and official aid received in Guinea peaked at 783.34 million constant 2023 US$ in 2020 and was at its lowest, 1.38 million constant 2023 US$, in 1960.

Guinea ranks 71st of 180 countries on this measure, 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

DecadeAverage LowestHighest Years
1960s 83.16 million constant 2023 US$ 1.38 million constant 2023 US$ 177.43 million constant 2023 US$ 10
1970s 89.50 million constant 2023 US$ 27.69 million constant 2023 US$ 195.42 million constant 2023 US$ 10
1980s 356.45 million constant 2023 US$ 186.00 million constant 2023 US$ 660.82 million constant 2023 US$ 10
1990s 516.75 million constant 2023 US$ 353.81 million constant 2023 US$ 638.63 million constant 2023 US$ 10
2000s 313.04 million constant 2023 US$ 209.28 million constant 2023 US$ 469.33 million constant 2023 US$ 10
2010s 531.00 million constant 2023 US$ 206.46 million constant 2023 US$ 714.34 million constant 2023 US$ 10
2020s 612.76 million constant 2023 US$ 530.99 million constant 2023 US$ 783.34 million constant 2023 US$ 4

Countries ranked near Guinea

  1. 68 Liberia 562.64 million constant 2023 US$ compare
  2. 69 Ecuador 554.71 million constant 2023 US$ compare
  3. 70 Honduras 550.77 million constant 2023 US$ compare
  4. 72 Tajikistan 530.80 million constant 2023 US$ compare
  5. 73 Laos 514.84 million constant 2023 US$ compare
  6. 74 El Salvador 498.81 million constant 2023 US$ compare

See the full ranking of 227 places →

More aid effectiveness data for Guinea

All data for Guinea →

Frequently asked questions

What is net official development assistance and official aid received in Guinea?
Net official development assistance and official aid received in Guinea was 531.75 million constant 2023 US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
What is the highest net official development assistance and official aid received recorded in Guinea?
The highest recorded value was 783.34 million constant 2023 US$ in 2020.
What is the lowest net official development assistance and official aid received recorded in Guinea?
The lowest recorded value was 1.38 million constant 2023 US$ in 1960.
How does Guinea rank for net official development assistance and official aid received?
Guinea ranks 71st out of 180 countries with data for 2023.
Is net official development assistance and official aid received rising or falling in Guinea?
Over the last ten years it is up 14.6%. The long-run trend across the full record is volatile.
Where does this Guinea data come from?
The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net official development assistance and official aid received (constant 2023 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net official development assistance and official aid received (constant 2023 US$)
Unit
constant 2023 US$
Source
Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 11,783 data points, 1960–2023
Last refreshed

Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Net official aid refers to aid flows (net of repayments) 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. Data are in constant 2023 U.S. dollars.