Guinea vs Lao People's Democratic Republic: Net official development assistance and official aid received
Net official development assistance and official aid received over time
- Guinea
- Lao People's Democratic Republic
How they compare
Guinea currently reports 531.75 million constant 2023 US$ against 514.84 million constant 2023 US$ in Lao People's Democratic Republic, a difference of 16.91 million constant 2023 US$.
The two have swapped places 9 times across 64 shared years of data; in 1960 it was Lao People's Democratic Republic ahead.
Guinea ranks 71st and Lao People's Democratic Republic ranks 73rd of 180 countries.
Across the 7 decades both report, Guinea averaged higher in 4 and Lao People's Democratic Republic in 3.
Head to head by decade
| Decade | Guinea | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 83.16 million constant 2023 US$ | 396.50 million constant 2023 US$ | 313.34 million constant 2023 US$ | Lao People's Democratic Republic |
| 1970s | 89.50 million constant 2023 US$ | 254.85 million constant 2023 US$ | 165.35 million constant 2023 US$ | Lao People's Democratic Republic |
| 1980s | 356.45 million constant 2023 US$ | 102.62 million constant 2023 US$ | 253.83 million constant 2023 US$ | Guinea |
| 1990s | 516.75 million constant 2023 US$ | 241.28 million constant 2023 US$ | 275.47 million constant 2023 US$ | Guinea |
| 2000s | 313.04 million constant 2023 US$ | 330.29 million constant 2023 US$ | 17.25 million constant 2023 US$ | Lao People's Democratic Republic |
| 2010s | 531.00 million constant 2023 US$ | 470.83 million constant 2023 US$ | 60.17 million constant 2023 US$ | Guinea |
| 2020s | 612.76 million constant 2023 US$ | 552.94 million constant 2023 US$ | 59.82 million constant 2023 US$ | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net official development assistance and official aid received, Guinea or Lao People's Democratic Republic?
- Guinea, at 531.75 million constant 2023 US$ against 514.84 million constant 2023 US$ in Lao People's Democratic Republic as of 2023.
- What is the difference in net official development assistance and official aid received between Guinea and Lao People's Democratic Republic?
- 16.91 million constant 2023 US$, with Guinea ahead.
- How many years of comparable data are there for Guinea and Lao People's Democratic Republic?
- 64 years are reported by both, from 1960 to 2023.
- How do Guinea and Lao People's Democratic Republic rank globally for net official development assistance and official aid received?
- Guinea ranks 71st and Lao People's Democratic Republic ranks 73rd of 180 countries.
- Where does this data come from?
- Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as Net official development assistance and official aid received (constant 2023 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.