Net official development assistance and official aid received in Mongolia
Mongolia: Net official development assistance and official aid received was 260.17 million constant 2023 US$ in 2023. ◆ Volatile
Net official development assistance and official aid received in Mongolia, 1976–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
The most recent figure for net official development assistance and official aid received in Mongolia is 260.17 million constant 2023 US$, measured in 2023.
That represents a change of down 13.0% on the previous year and down 38.1% over ten years.
Over the whole period, net official development assistance and official aid received in Mongolia peaked at 720.92 million constant 2023 US$ in 2017 and was at its lowest, 5.30 million constant 2023 US$, in 1983.
That places Mongolia 97th out of 180 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.36 million constant 2023 US$ | 9.33 million constant 2023 US$ | 13.25 million constant 2023 US$ | 4 |
| 1980s | 8.24 million constant 2023 US$ | 5.30 million constant 2023 US$ | 14.20 million constant 2023 US$ | 10 |
| 1990s | 143.56 million constant 2023 US$ | 19.99 million constant 2023 US$ | 221.19 million constant 2023 US$ | 10 |
| 2000s | 242.44 million constant 2023 US$ | 204.91 million constant 2023 US$ | 321.14 million constant 2023 US$ | 10 |
| 2010s | 370.34 million constant 2023 US$ | 250.09 million constant 2023 US$ | 720.92 million constant 2023 US$ | 10 |
| 2020s | 382.81 million constant 2023 US$ | 260.17 million constant 2023 US$ | 685.28 million constant 2023 US$ | 4 |
Countries ranked near Mongolia
- 94 Botswana 284.58 million constant 2023 US$ compare
- 95 Slovakia 282.02 million constant 2023 US$ compare
- 96 Namibia 271.63 million constant 2023 US$ compare
- 98 East Timor 259.94 million constant 2023 US$ compare
- 99 Argentina 259.02 million constant 2023 US$ compare
- 100 Solomon Islands 243.66 million constant 2023 US$ compare
More aid effectiveness data for Mongolia
- Net bilateral aid flows from DAC donors, Austria 7.25 million current US$ (2023)
- Net ODA received per capita 74.74 current US$ (2023)
- Net official development assistance received 260.17 million constant 2023 US$ (2023)
- Net ODA received 1.4% (2023)
- Net ODA received 3.8% (2023)
- Net official development assistance received 260.17 million current US$ (2023)
- Net official development assistance and official aid received 260.17 million current US$ (2023)
- Net official flows from UN agencies, UNDP 682,387 current US$ (2022)
- Net official flows from UN agencies, UNICEF 979,000 current US$ (2023)
- Net bilateral aid flows from DAC donors, United States 75.69 million current US$ (2023)
Frequently asked questions
- What is net official development assistance and official aid received in Mongolia?
- Net official development assistance and official aid received in Mongolia was 260.17 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 Mongolia?
- The highest recorded value was 720.92 million constant 2023 US$ in 2017.
- What is the lowest net official development assistance and official aid received recorded in Mongolia?
- The lowest recorded value was 5.30 million constant 2023 US$ in 1983.
- How does Mongolia rank for net official development assistance and official aid received?
- Mongolia ranks 97th out of 180 countries with data for 2023.
- Is net official development assistance and official aid received rising or falling in Mongolia?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is volatile.
- Where does this Mongolia 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
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.