Net ODA received in Guinea
Guinea: Net ODA received was 10.1% in 2023. ◆ Volatile
Net ODA received in Guinea, 1986–2023
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 Guinea is 10.1%, measured in 2023. That is the lowest value across all 38 years on record.
Compared with earlier readings it is down 43.7% on the previous year and down 57.4% over ten years.
Over the whole period, net oda received in Guinea peaked at 86.9% in 1989 and was at its lowest, 10.1%, in 2023.
Guinea ranks 59th of 145 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received in Guinea, year by year
| Year | % of gross capital formation | Change |
|---|---|---|
| 1986 | 56.5% | — |
| 1987 | 66.5% | +17.7% |
| 1988 | 62.6% | -5.9% |
| 1989 | 86.9% | +38.9% |
| 1990 | 54.4% | -37.4% |
| 1991 | 68.8% | +26.5% |
| 1992 | 77.6% | +12.8% |
| 1993 | 70.5% | -9.2% |
| 1994 | 56.8% | -19.4% |
| 1995 | 51.7% | -9.0% |
| 1996 | 37.1% | -28.3% |
| 1997 | 48.0% | +29.4% |
| 1998 | 52.2% | +8.7% |
| 1999 | 34.6% | -33.6% |
| 2000 | 25.0% | -27.7% |
| 2001 | 62.0% | +148.0% |
| 2002 | 59.3% | -4.5% |
| 2003 | 33.6% | -43.2% |
| 2004 | 36.5% | +8.4% |
| 2005 | 33.6% | -7.8% |
| 2006 | 16.7% | -50.3% |
| 2007 | 17.5% | +4.8% |
| 2008 | 19.2% | +9.9% |
| 2009 | 15.2% | -20.9% |
| 2010 | 15.8% | +3.7% |
| 2011 | 12.4% | -21.5% |
| 2012 | 31.9% | +157.2% |
| 2013 | 23.8% | -25.4% |
| 2014 | 28.1% | +18.4% |
| 2015 | 25.4% | -9.7% |
| 2016 | 12.5% | -50.7% |
| 2017 | 20.5% | +64.0% |
| 2018 | 28.2% | +37.4% |
| 2019 | 21.2% | -24.8% |
| 2020 | 16.4% | -22.8% |
| 2021 | 21.6% | +32.2% |
| 2022 | 18.0% | -16.8% |
| 2023 | 10.1% | -43.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 68.1% | 56.5% | 86.9% | 4 |
| 1990s | 55.2% | 34.6% | 77.6% | 10 |
| 2000s | 31.9% | 15.2% | 62.0% | 10 |
| 2010s | 22.0% | 12.4% | 31.9% | 10 |
| 2020s | 16.5% | 10.1% | 21.6% | 4 |
Countries ranked near Guinea
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 oda received in Guinea?
- Net oda received in Guinea was 10.1% in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Guinea?
- The highest recorded value was 86.9% in 1989.
- What is the lowest net oda received recorded in Guinea?
- The lowest recorded value was 10.1% in 2023.
- How does Guinea rank for net oda received?
- Guinea ranks 59th out of 145 countries with data for 2023.
- Is net oda received rising or falling in Guinea?
- Over the last ten years it is down 57.4%. 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 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).