Net official development assistance received in Guinea
Guinea: Net official development assistance received was 531.75 million constant 2023 US$ in 2023. ◆ Volatile
Net official development assistance received in Guinea, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Guinea recorded 531.75 million constant 2023 US$ for net official development assistance received in 2023.
Compared with earlier readings it is up 0.1% on the previous year and up 14.6% over ten years.
Over the whole period, net official development assistance received in Guinea peaked at 783.34 million constant 2023 US$ in 2020 and was at its lowest, 1.38 million constant 2023 US$, in 1960.
That places Guinea 65th out of 170 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 83.16 million constant 2023 US$ | 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
- 62 Liberia 562.64 million constant 2023 US$ compare
- 63 Ecuador 554.71 million constant 2023 US$ compare
- 64 Honduras 550.77 million constant 2023 US$ compare
- 66 Tajikistan 530.80 million constant 2023 US$ compare
- 67 French Polynesia 525.70 million constant 2023 US$ compare
- 68 Laos 514.84 million constant 2023 US$ compare
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 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 development assistance and official aid received 531.75 million current 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 received in Guinea?
- Net official development assistance 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 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 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 received?
- Guinea ranks 65th out of 170 countries with data for 2023.
- Is net official development assistance 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 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). Data are in constant 2023 U.S. dollars.