Low income vs Somalia: Net official development assistance received
Net official development assistance received over time
- Low income
- Somalia
How they compare
Low income currently reports 44.64 billion current US$ against 2.28 billion current US$ in Somalia, a difference of 42.36 billion current US$.
That makes Low income's figure about 19.6 times Somalia's.
Across all 64 years both countries report, Low income has been ahead every year.
Low income ranks 18th and Somalia ranks 17th of 48 groups.
Low income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Low income | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 438.89 million current US$ | 27.88 million current US$ | 411.00 million current US$ | Low income |
| 1970s | 2.38 billion current US$ | 125.85 million current US$ | 2.26 billion current US$ | Low income |
| 1980s | 6.06 billion current US$ | 432.00 million current US$ | 5.63 billion current US$ | Low income |
| 1990s | 7.53 billion current US$ | 333.64 million current US$ | 7.19 billion current US$ | Low income |
| 2000s | 15.28 billion current US$ | 323.94 million current US$ | 14.95 billion current US$ | Low income |
| 2010s | 32.89 billion current US$ | 1.23 billion current US$ | 31.66 billion current US$ | Low income |
| 2020s | 45.09 billion current US$ | 2.42 billion current US$ | 42.67 billion current US$ | Low income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net official development assistance received, Low income or Somalia?
- Low income, at 44.64 billion current US$ against 2.28 billion current US$ in Somalia as of 2023.
- What is the difference in net official development assistance received between Low income and Somalia?
- 42.36 billion current US$, with Low income ahead.
- How many years of comparable data are there for Low income and Somalia?
- 64 years are reported by both, from 1960 to 2023.
- How do Low income and Somalia rank globally for net official development assistance received?
- Low income ranks 18th and Somalia ranks 17th of 48 groups.
- Where does this data come from?
- Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as Net official development assistance received (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 current U.S. dollars.