Net ODA received in Somalia
Somalia: Net ODA received was 88.2% in 2023. ▲ Rising
Net ODA received in Somalia, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in % of gross capital formation.
Analysis
Somalia recorded 88.2% for net oda received in 2023.
The figure is up 9.1% on the previous year and down 39.2% over ten years.
Over the whole period, net oda received in Somalia peaked at 362.2% in 1990 and was at its lowest, 41.9%, in 1976.
Somalia ranks 12th of 145 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 43 years of available data.
Net ODA received in Somalia, year by year
| Year | % of gross capital formation | Change |
|---|---|---|
| 1960 | 123.1% | — |
| 1961 | 125.7% | +2.1% |
| 1962 | 120.7% | -4.0% |
| 1963 | 146.7% | +21.5% |
| 1964 | 95.0% | -35.3% |
| 1965 | 105.1% | +10.7% |
| 1966 | 170.4% | +62.1% |
| 1967 | 44.1% | -74.1% |
| 1968 | 91.4% | +107.3% |
| 1969 | 87.1% | -4.7% |
| 1970 | 73.0% | -16.2% |
| 1971 | 77.3% | +5.9% |
| 1972 | 52.5% | -32.0% |
| 1973 | 70.0% | +33.3% |
| 1974 | 64.4% | -8.0% |
| 1975 | 103.3% | +60.3% |
| 1976 | 41.9% | -59.4% |
| 1977 | 220.0% | +424.8% |
| 1978 | 162.3% | -26.2% |
| 1979 | 202.0% | +24.5% |
| 1980 | 187.6% | -7.1% |
| 1981 | 198.4% | +5.8% |
| 1982 | 209.0% | +5.3% |
| 1983 | 207.3% | -0.8% |
| 1984 | 182.2% | -12.1% |
| 1985 | 134.3% | -26.3% |
| 1986 | 216.1% | +60.9% |
| 1987 | 174.6% | -19.2% |
| 1988 | 174.0% | -0.3% |
| 1989 | 126.6% | -27.2% |
| 1990 | 362.2% | +186.0% |
| 2012 | 144.2% | -60.2% |
| 2013 | 145.0% | +0.5% |
| 2014 | 144.4% | -0.4% |
| 2015 | 155.8% | +7.9% |
| 2016 | 139.3% | -10.6% |
| 2017 | 167.1% | +19.9% |
| 2018 | 124.2% | -25.6% |
| 2019 | 123.6% | -0.5% |
| 2020 | 220.5% | +78.4% |
| 2021 | 141.2% | -36.0% |
| 2022 | 80.8% | -42.8% |
| 2023 | 88.2% | +9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 110.9% | 44.1% | 170.4% | 10 |
| 1970s | 106.7% | 41.9% | 220.0% | 10 |
| 1980s | 181.0% | 126.6% | 216.1% | 10 |
| 1990s | 362.2% | 362.2% | 362.2% | 1 |
| 2010s | 143.0% | 123.6% | 167.1% | 8 |
| 2020s | 132.7% | 80.8% | 220.5% | 4 |
Countries ranked near Somalia
More aid effectiveness data for Somalia
- Net bilateral aid flows from DAC donors, Austria 169,563 current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 2,163 current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 38.83 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 155.74 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 40.38 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 140.72 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 11.66 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 121.25 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 12.70 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 26.23 million current US$ (2023)
Frequently asked questions
- What is net oda received in Somalia?
- Net oda received in Somalia was 88.2% in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Somalia?
- The highest recorded value was 362.2% in 1990.
- What is the lowest net oda received recorded in Somalia?
- The lowest recorded value was 41.9% in 1976.
- How does Somalia rank for net oda received?
- Somalia ranks 12th out of 145 countries with data for 2023.
- Is net oda received rising or falling in Somalia?
- Over the last ten years it is down 39.2%. The long-run trend across the full record is rising.
- Where does this Somalia 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).