Net ODA received (% of gross capital formation) in Eritrea
Eritrea: Net ODA received (% of gross capital formation) was 51.2% in 2011. ▲ Rising
Net ODA received in Eritrea, 1992–2011
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in % of gross capital formation.
Analysis
The most recent figure for net oda received in Eritrea is 51.2%, measured in 2011.
Compared with earlier readings it is down 35.3% on the previous year and down 52.3% over ten years.
Over the whole period, net oda received in Eritrea peaked at 156.5% in 2005 and was at its lowest, 2.7%, in 1992.
That places Eritrea 21st out of 146 countries with data for 2011, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Net ODA received (% of gross capital formation) in Eritrea, year by year
| Year | % of gross capital formation | Change |
|---|---|---|
| 1992 | 2.7% | — |
| 1993 | 85.2% | +3073.3% |
| 1994 | 115.3% | +35.4% |
| 1995 | 113.8% | -1.3% |
| 1996 | 82.3% | -27.7% |
| 1997 | 57.5% | -30.1% |
| 1998 | 70.1% | +21.9% |
| 1999 | 47.8% | -31.8% |
| 2000 | 114.6% | +139.7% |
| 2001 | 107.3% | -6.3% |
| 2002 | 105.2% | -2.0% |
| 2003 | 137.2% | +30.5% |
| 2004 | 117.3% | -14.5% |
| 2005 | 156.5% | +33.5% |
| 2006 | 76.2% | -51.4% |
| 2007 | 94.9% | +24.6% |
| 2008 | 82.9% | -12.7% |
| 2009 | 82.9% | +0.1% |
| 2010 | 79.1% | -4.6% |
| 2011 | 51.2% | -35.3% |
Eritrea compared with similar countries
- Eritrea's 51.2% is above the median for low income countries, which is 37.9%, 1.3× the median. (22 countries reporting)
- Eritrea's 51.2% is above the median for Sub-Saharan Africa, which is 19.3%, 2.7× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Net ODA received (% of gross capital formation) 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 |
|---|---|---|---|
| 1993 | +3073.3% | 2.7% | 85.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 71.8% | 2.7% | 115.3% | 8 |
| 2000s | 107.5% | 76.2% | 156.5% | 10 |
| 2010s | 65.1% | 51.2% | 79.1% | 2 |
Countries ranked near Eritrea
- 18 East Timor 61.0% compare
- 19 Vanuatu 56.7% compare
- 20 Gambia 52.6% compare
- 22 Haiti 39.7% compare
- 23 Sierra Leone 39.4% compare
- 24 New Caledonia 38.6% compare
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, European Union institutions 45.28 million 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)
Frequently asked questions
- What is net oda received in Eritrea?
- Net oda received in Eritrea was 51.2% in 2011, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Eritrea?
- The highest recorded value was 156.5% in 2005.
- What is the lowest net oda received recorded in Eritrea?
- The lowest recorded value was 2.7% in 1992.
- How does Eritrea rank for net oda received?
- Eritrea ranks 21st out of 146 countries with data for 2011.
- Is net oda received rising or falling in Eritrea?
- Over the last ten years it is down 52.3%. The long-run trend across the full record is rising.
- 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 ODA received (% of gross capital formation). Statizoid updates them automatically from the source API.
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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).