Economic Policy & Debt · Somalia, Fed. Rep.
Somalia, Fed. Rep.: Net official development assistance received (current US$)
Yearly data from 1960 to 2023, from the World Bank.
Economic Policy & Debt · Somalia, Fed. Rep.
Yearly data from 1960 to 2023, from the World Bank.
Somalia, Fed. Rep.'s net official development assistance received (current US$) was US$2.28 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 116.3% from US$1.05 billion in 2013 (8.02% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | US$2.28 billion | 2023 |
| Five years earlier | US$1.58 billion | 2018 |
| Ten years earlier | US$1.05 billion | 2013 |
| Highest | US$3.05 billion | 2020 |
| Lowest | US$14.41 million | 1967 |
| Average since 2014 | US$1.83 billion | 2014–2023 |
| First recorded | US$21.47 million | 1960 |
Over five years it is up 44.81% from US$1.58 billion in 2018 (7.69% a year on average, compounded). Since 1960 it is up 10,525% from US$21.47 million in 1960 (7.69% a year on average, compounded).
In 2023, Somalia, Fed. Rep.'s net official development assistance received (current US$) rose 16.9% on 2022 (from US$1.95 billion to US$2.28 billion).
Across the 30 yearly changes before that (1993 to 2022), the average change was +11.1% and a typical year strayed about 41% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 250.6% in 1992 and the biggest yearly fall was 71.3% in 1967. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about US$154.55 million a year. A straight line explains 58% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2023, Somalia, Fed. Rep. had the 17th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Somalia, Fed. Rep. | US$2.28 billion | 2023 |
| World | US$259.48 billion | 2023 |
| Sub-Saharan Africa | US$64.84 billion | 2023 |
| Low income | US$44.64 billion | 2023 |
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars.
Limitations: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy.
Regional and income-group figures are computed by the World Bank as a sum.
| Year | Net official development assistance received (current US$) |
|---|---|
| 2023 | 2,281,094,971 |
| 2022 | 1,950,879,395 |
| 2021 | 2,407,831,543 |
| 2020 | 3,045,629,395 |
| 2019 | 1,720,547,241 |
| 2018 | 1,575,183,105 |
| 2017 | 1,760,372,314 |
| 2016 | 1,183,635,620 |
| 2015 | 1,260,561,890 |
| 2014 | 1,109,195,801 |
| 2013 | 1,054,583,984 |
| 2012 | 990,456,665 |
| 2011 | 1,098,981,201 |
| 2010 | 503,239,990 |
| 2009 | 661,643,005 |
| 2008 | 765,869,995 |
| 2007 | 393,739,990 |
| 2006 | 396,170,013 |
| 2005 | 240,220,001 |
| 2004 | 201,279,999 |
| 2003 | 176,179,993 |
| 2002 | 152,720,001 |
| 2001 | 149,300,003 |
| 2000 | 102,230,003 |
| 1999 | 115,699,997 |
| 1998 | 81,320,000 |
| 1997 | 81,180,000 |
| 1996 | 88,180,000 |
| 1995 | 187,929,993 |
| 1994 | 535,119,995 |
| 1993 | 892,119,995 |
| 1992 | 653,659,973 |
| 1991 | 186,419,998 |
| 1990 | 514,809,998 |
| 1989 | 419,149,994 |
| 1988 | 431,720,001 |
| 1987 | 587,070,007 |
| 1986 | 506,500,000 |
| 1985 | 350,709,991 |
| 1984 | 347,589,996 |
| 1983 | 341,029,999 |
| 1982 | 473,880,005 |
| 1981 | 382,380,005 |
| 1980 | 479,959,991 |
| 1979 | 274,089,996 |
| 1978 | 263,040,009 |
| 1977 | 234,949,997 |
| 1976 | 101,150,002 |
| 1975 | 165,399,994 |
| 1974 | 80,949,997 |
| 1973 | 50,959,999 |
| 1972 | 29,730,000 |
| 1971 | 30,570,000 |
| 1970 | 27,620,001 |
| 1969 | 32,959,999 |
| 1968 | 31,900,000 |
| 1967 | 14,410,000 |
| 1966 | 50,230,000 |
| 1965 | 28,670,000 |
| 1964 | 21,750,000 |
| 1963 | 30,450,001 |
| 1962 | 23,770,000 |
| 1961 | 23,209,999 |
| 1960 | 21,469,999 |
Every indicator for Somalia, Fed. Rep. is on the Somalia, Fed. Rep. data page.
World Bank, World Development Indicators, indicator DT.ODA.ODAT.CD, licensed CC BY 4.0. Original source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), uri: https://stats.oecd.org/; Geographical Distribution of Financial Flows to Developing Countries, Organisation for Economic Co-operation and Development (OECD), uri: https://stats.oecd.org/; Developmen… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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