Net official development assistance received in Somalia
Somalia: Net official development assistance received was 2.28 billion constant 2023 US$ in 2023. ◆ Volatile
Net official development assistance received in Somalia, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
In 2023, net official development assistance received in Somalia stood at 2.28 billion constant 2023 US$.
Compared with earlier readings it is up 12.1% on the previous year and up 113.5% over ten years.
Over the whole period, net official development assistance received in Somalia peaked at 3.34 billion constant 2023 US$ in 2020 and was at its lowest, 107.04 million constant 2023 US$, in 1967.
Somalia ranks 18th of 170 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 251.58 million constant 2023 US$ | 107.04 million constant 2023 US$ | 394.06 million constant 2023 US$ | 10 |
| 1970s | 485.27 million constant 2023 US$ | 187.98 million constant 2023 US$ | 866.02 million constant 2023 US$ | 10 |
| 1980s | 1.05 billion constant 2023 US$ | 771.75 million constant 2023 US$ | 1.32 billion constant 2023 US$ | 10 |
| 1990s | 562.65 million constant 2023 US$ | 124.38 million constant 2023 US$ | 1.58 billion constant 2023 US$ | 10 |
| 2000s | 402.91 million constant 2023 US$ | 180.14 million constant 2023 US$ | 846.42 million constant 2023 US$ | 10 |
| 2010s | 1.33 billion constant 2023 US$ | 538.09 million constant 2023 US$ | 2.03 billion constant 2023 US$ | 10 |
| 2020s | 2.53 billion constant 2023 US$ | 2.03 billion constant 2023 US$ | 3.34 billion constant 2023 US$ | 4 |
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 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)
- Net bilateral aid flows from DAC donors, United States 981.23 million current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Somalia?
- Net official development assistance received in Somalia was 2.28 billion 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 Somalia?
- The highest recorded value was 3.34 billion constant 2023 US$ in 2020.
- What is the lowest net official development assistance received recorded in Somalia?
- The lowest recorded value was 107.04 million constant 2023 US$ in 1967.
- How does Somalia rank for net official development assistance received?
- Somalia ranks 18th out of 170 countries with data for 2023.
- Is net official development assistance received rising or falling in Somalia?
- Over the last ten years it is up 113.5%. 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 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.