Net bilateral aid flows from DAC … Net European Union institutions in Eritrea
Eritrea: Net bilateral aid flows from DAC donors, European Union institutions was 45.28 million current US$ in 2023. ◆ Volatile
Net bilateral aid flows from DAC donors, European Union institutions in Eritrea, 1994–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
The most recent figure for net bilateral aid flows from dac donors, european union institutions in Eritrea is 45.28 million current US$, measured in 2023. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 3,834.1% on the previous year and up 268.3% over ten years.
Over the whole period, net bilateral aid flows from dac donors, european union institutions in Eritrea peaked at 45.28 million current US$ in 2023 and was at its lowest, 1.15 million current US$, in 2022.
That places Eritrea 82nd out of 173 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net bilateral aid flows from DAC donors, European Union institutions in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1994 | 1.45 million current US$ | — |
| 1995 | 24.83 million current US$ | +1612.4% |
| 1996 | 7.99 million current US$ | -67.8% |
| 1997 | 7.45 million current US$ | -6.8% |
| 1998 | 5.87 million current US$ | -21.2% |
| 1999 | 5.99 million current US$ | +2.0% |
| 2000 | 5.81 million current US$ | -3.0% |
| 2001 | 22.99 million current US$ | +295.7% |
| 2002 | 14.88 million current US$ | -35.3% |
| 2003 | 24.58 million current US$ | +65.2% |
| 2004 | 11.15 million current US$ | -54.6% |
| 2005 | 29.33 million current US$ | +163.0% |
| 2006 | 14.92 million current US$ | -49.1% |
| 2007 | 36.12 million current US$ | +142.1% |
| 2008 | 17.41 million current US$ | -51.8% |
| 2009 | 42.87 million current US$ | +146.2% |
| 2010 | 37.05 million current US$ | -13.6% |
| 2011 | 39.83 million current US$ | +7.5% |
| 2012 | 8.74 million current US$ | -78.1% |
| 2013 | 12.29 million current US$ | +40.7% |
| 2014 | 11.64 million current US$ | -5.3% |
| 2015 | 13.63 million current US$ | +17.2% |
| 2016 | 13.81 million current US$ | +1.3% |
| 2017 | 5.41 million current US$ | -60.8% |
| 2018 | 9.26 million current US$ | +71.0% |
| 2019 | 4.26 million current US$ | -54.0% |
| 2020 | 2.87 million current US$ | -32.5% |
| 2021 | 1.50 million current US$ | -47.9% |
| 2022 | 1.15 million current US$ | -23.2% |
| 2023 | 45.28 million current US$ | +3834.1% |
Eritrea compared with similar countries
- Eritrea's 45.28 million current US$ is below the median for low income countries, which is 131.20 million current US$, 35% of the median. (25 countries reporting)
- Eritrea's 45.28 million current US$ is below the median for Sub-Saharan Africa, which is 68.22 million current US$, 66% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net bilateral aid flows from DAC donors, European Union institutions in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +3834.1% | 1.15 million current US$ | 45.28 million current US$ |
| 1995 | +1612.4% | 1.45 million current US$ | 24.83 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.93 million current US$ | 1.45 million current US$ | 24.83 million current US$ | 6 |
| 2000s | 22.01 million current US$ | 5.81 million current US$ | 42.87 million current US$ | 10 |
| 2010s | 15.59 million current US$ | 4.26 million current US$ | 39.83 million current US$ | 10 |
| 2020s | 12.70 million current US$ | 1.15 million current US$ | 45.28 million current US$ | 4 |
Countries ranked near Eritrea
More aid effectiveness data for Eritrea
- Net bilateral aid flows from DAC donors, Austria 19,374 current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 619,264 current US$ (2016)
- Net bilateral aid flows from DAC donors, Canada 230,583 current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 912,076 current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 1.49 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 617,133 current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 1.09 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 351,238 current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 1.14 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Norway 212,468 current US$ (2020)
Frequently asked questions
- What is net bilateral aid flows from dac donors, european union institutions in Eritrea?
- Net bilateral aid flows from dac donors, european union institutions in Eritrea was 45.28 million current US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net bilateral aid flows from dac donors, european union institutions recorded in Eritrea?
- The highest recorded value was 45.28 million current US$ in 2023.
- What is the lowest net bilateral aid flows from dac donors, european union institutions recorded in Eritrea?
- The lowest recorded value was 1.15 million current US$ in 2022.
- How does Eritrea rank for net bilateral aid flows from dac donors, european union institutions?
- Eritrea ranks 82nd out of 173 countries with data for 2023.
- Is net bilateral aid flows from dac donors, european union institutions rising or falling in Eritrea?
- Over the last ten years it is up 268.3%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net bilateral aid flows from DAC donors, European Union institutions (current US$). Statizoid updates them automatically from the source API.
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About this data
Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows 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. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars.