Net bilateral aid flows from DAC donors, Korea, Rep. in Guinea
Guinea: Net bilateral aid flows from DAC donors, Korea, Rep. was 2.29 million current US$ in 2023. ◆ Volatile
Net bilateral aid flows from DAC donors, Korea, Rep. in Guinea, 1991–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2023, net bilateral aid flows from dac donors, korea, rep. in Guinea stood at 2.29 million current US$.
Compared with earlier readings it is up 203.5% on the previous year and up 4,319.7% over ten years.
Over the whole period, net bilateral aid flows from dac donors, korea, rep. in Guinea peaked at 2.35 million current US$ in 2019 and was at its lowest, 10,000 current US$, in 1999.
That places Guinea 67th out of 155 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net bilateral aid flows from DAC donors, Korea, Rep. in Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 70,000 current US$ | — |
| 1999 | 10,000 current US$ | -85.7% |
| 2005 | 50,000 current US$ | +400.0% |
| 2006 | 50,000 current US$ | +0.0% |
| 2007 | 2.23 million current US$ | +4360.0% |
| 2008 | 1.01 million current US$ | -54.7% |
| 2009 | 100,000 current US$ | -90.1% |
| 2010 | 160,000 current US$ | +60.0% |
| 2011 | 250,000 current US$ | +56.2% |
| 2012 | 140,000 current US$ | -44.0% |
| 2013 | 51,871 current US$ | -62.9% |
| 2014 | 307,267 current US$ | +492.4% |
| 2015 | 88,393 current US$ | -71.2% |
| 2016 | 16,144 current US$ | -81.7% |
| 2017 | 75,474 current US$ | +367.5% |
| 2019 | 2.35 million current US$ | +3017.8% |
| 2020 | 2.08 million current US$ | -11.7% |
| 2021 | 915,322 current US$ | -55.9% |
| 2022 | 755,386 current US$ | -17.5% |
| 2023 | 2.29 million current US$ | +203.5% |
Guinea compared with similar countries
- Guinea's 2.29 million current US$ is below the median for lower middle income countries, which is 4.80 million current US$, 48% of the median. (47 countries reporting)
- Guinea's 2.29 million current US$ is above the median for Sub-Saharan Africa, which is 1.41 million current US$, 1.6× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net bilateral aid flows from DAC donors, Korea, Rep. in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +4360.0% | 50,000 current US$ | 2.23 million current US$ |
| 2019 | +3017.8% | 75,474 current US$ | 2.35 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40,000 current US$ | 10,000 current US$ | 70,000 current US$ | 2 |
| 2000s | 688,000 current US$ | 50,000 current US$ | 2.23 million current US$ | 5 |
| 2010s | 382,479 current US$ | 16,144 current US$ | 2.35 million current US$ | 9 |
| 2020s | 1.51 million current US$ | 755,386 current US$ | 2.29 million current US$ | 4 |
Countries ranked near Guinea
- 64 Algeria 2.72 million current US$ compare
- 65 Papua New Guinea 2.49 million current US$ compare
- 66 Kazakhstan 2.32 million current US$ compare
- 68 Dominican Republic 2.24 million current US$ compare
- 69 Zimbabwe 2.23 million current US$ compare
- 70 Serbia 2.21 million current US$ compare
More aid effectiveness data for Guinea
- Net bilateral aid flows from DAC donors, Austria 10,968 current US$ (2018)
- Net bilateral aid flows from DAC donors, Belgium 19.99 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 6.50 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 47.81 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 990,301 current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 21.79 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 112.06 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 42,372 current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 1.59 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 14.32 million current US$ (2023)
Frequently asked questions
- What is net bilateral aid flows from dac donors, korea, rep. in Guinea?
- Net bilateral aid flows from dac donors, korea, rep. in Guinea was 2.29 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, korea, rep. recorded in Guinea?
- The highest recorded value was 2.35 million current US$ in 2019.
- What is the lowest net bilateral aid flows from dac donors, korea, rep. recorded in Guinea?
- The lowest recorded value was 10,000 current US$ in 1999.
- How does Guinea rank for net bilateral aid flows from dac donors, korea, rep.?
- Guinea ranks 67th out of 155 countries with data for 2023.
- Is net bilateral aid flows from dac donors, korea, rep. rising or falling in Guinea?
- Over the last ten years it is up 4,319.7%. The long-run trend across the full record is volatile.
- Where does this Guinea 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, Korea, Rep. (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.