Net official development assistance and official aid received in Guinea
Guinea: Net official development assistance and official aid received was 531.75 million current US$ in 2023. ◆ Volatile
Net official development assistance and official aid received in Guinea, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2023, net official development assistance and official aid received in Guinea stood at 531.75 million current US$.
The figure is up 5.9% on the previous year and up 13.8% over ten years.
Over the whole period, net official development assistance and official aid received in Guinea peaked at 727.19 million current US$ in 2020 and was at its lowest, 160,000 current US$, in 1960.
That places Guinea 69th out of 180 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.63 million current US$ | 160,000 current US$ | 24.02 million current US$ | 10 |
| 1970s | 22.79 million current US$ | 4.79 million current US$ | 59.30 million current US$ | 10 |
| 1980s | 161.75 million current US$ | 66.48 million current US$ | 363.16 million current US$ | 10 |
| 1990s | 357.77 million current US$ | 237.83 million current US$ | 447.28 million current US$ | 10 |
| 2000s | 241.48 million current US$ | 153.41 million current US$ | 351.22 million current US$ | 10 |
| 2010s | 488.10 million current US$ | 202.12 million current US$ | 653.99 million current US$ | 10 |
| 2020s | 588.84 million current US$ | 502.32 million current US$ | 727.19 million current US$ | 4 |
Countries ranked near Guinea
More aid effectiveness data for Guinea
- Net bilateral aid flows from DAC donors, Austria 10,968 current US$ (2018)
- Net ODA received per capita 36.91 current US$ (2023)
- Net official development assistance received 531.75 million constant 2023 US$ (2023)
- Net ODA received 2.6% (2023)
- Net ODA received 10.1% (2023)
- Net official development assistance received 531.75 million current US$ (2023)
- Net official development assistance and official aid received 531.75 million constant 2023 US$ (2023)
- Net official flows from UN agencies, UNDP 7.93 million current US$ (2022)
- Net official flows from UN agencies, UNICEF 11.42 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United States 48.51 million current US$ (2023)
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 current 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 727.19 million current US$ in 2020.
- What is the lowest net official development assistance and official aid received recorded in Guinea?
- The lowest recorded value was 160,000 current US$ in 1960.
- How does Guinea rank for net official development assistance and official aid received?
- Guinea ranks 69th 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 13.8%. 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 (current 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 current U.S. dollars.