Net official development assistance and official aid … 2023 aid in Palau
Palau: Net official development assistance and official aid received was 28.79 million constant 2023 US$ in 2023. ◆ Volatile
Net official development assistance and official aid received in Palau, 1992–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
In 2023, net official development assistance and official aid received in Palau stood at 28.79 million constant 2023 US$.
That represents a change of down 48.2% on the previous year and down 18.3% over ten years.
Over the whole period, net official development assistance and official aid received in Palau peaked at 367.53 million constant 2023 US$ in 1994 and was at its lowest, 12,695 constant 2023 US$, in 1993.
Palau ranks 150th of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Palau, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1992 | 13,112 constant 2023 US$ | — |
| 1993 | 12,695 constant 2023 US$ | -3.2% |
| 1994 | 367.53 million constant 2023 US$ | +2894968.9% |
| 1995 | 248.21 million constant 2023 US$ | -32.5% |
| 1996 | 108.44 million constant 2023 US$ | -56.3% |
| 1997 | 54.37 million constant 2023 US$ | -49.9% |
| 1998 | 146.33 million constant 2023 US$ | +169.1% |
| 1999 | 38.11 million constant 2023 US$ | -74.0% |
| 2000 | 43.10 million constant 2023 US$ | +13.1% |
| 2001 | 45.36 million constant 2023 US$ | +5.3% |
| 2002 | 38.82 million constant 2023 US$ | -14.4% |
| 2003 | 32.86 million constant 2023 US$ | -15.4% |
| 2004 | 27.10 million constant 2023 US$ | -17.5% |
| 2005 | 28.84 million constant 2023 US$ | +6.4% |
| 2006 | 48.57 million constant 2023 US$ | +68.4% |
| 2007 | 27.59 million constant 2023 US$ | -43.2% |
| 2008 | 49.94 million constant 2023 US$ | +81.1% |
| 2009 | 43.59 million constant 2023 US$ | -12.7% |
| 2010 | 31.58 million constant 2023 US$ | -27.5% |
| 2011 | 29.05 million constant 2023 US$ | -8.0% |
| 2012 | 11.86 million constant 2023 US$ | -59.2% |
| 2013 | 35.22 million constant 2023 US$ | +197.1% |
| 2014 | 25.45 million constant 2023 US$ | -27.8% |
| 2015 | 15.52 million constant 2023 US$ | -39.0% |
| 2016 | 17.12 million constant 2023 US$ | +10.3% |
| 2017 | 21.57 million constant 2023 US$ | +26.0% |
| 2018 | 95.20 million constant 2023 US$ | +341.4% |
| 2019 | 22.38 million constant 2023 US$ | -76.5% |
| 2020 | 62.34 million constant 2023 US$ | +178.6% |
| 2021 | 47.67 million constant 2023 US$ | -23.5% |
| 2022 | 55.55 million constant 2023 US$ | +16.5% |
| 2023 | 28.79 million constant 2023 US$ | -48.2% |
Palau compared with similar countries
- Palau's 28.79 million constant 2023 US$ is above the median for high income countries, which is 16.05 million constant 2023 US$, 1.8× the median. (49 countries reporting)
- Palau's 28.79 million constant 2023 US$ is below the median for East Asia & Pacific, which is 125.97 million constant 2023 US$, 23% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid received in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +2894968.9% | 12,695 constant 2023 US$ | 367.53 million constant 2023 US$ |
| 2018 | +341.4% | 21.57 million constant 2023 US$ | 95.20 million constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 120.38 million constant 2023 US$ | 12,695 constant 2023 US$ | 367.53 million constant 2023 US$ | 8 |
| 2000s | 38.58 million constant 2023 US$ | 27.10 million constant 2023 US$ | 49.94 million constant 2023 US$ | 10 |
| 2010s | 30.49 million constant 2023 US$ | 11.86 million constant 2023 US$ | 95.20 million constant 2023 US$ | 10 |
| 2020s | 48.59 million constant 2023 US$ | 28.79 million constant 2023 US$ | 62.34 million constant 2023 US$ | 4 |
Countries ranked near Palau
- 147 Saint Lucia 35.85 million constant 2023 US$ compare
- 148 Belize 31.86 million constant 2023 US$ compare
- 149 Saint Kitts and Nevis 30.86 million constant 2023 US$ compare
- 151 Saint Vincent and the Grenadines 21.28 million constant 2023 US$ compare
- 152 Turks and Caicos Islands 16.47 million constant 2023 US$ compare
- 153 Barbados 16.05 million constant 2023 US$ compare
More aid effectiveness data for Palau
- Net bilateral aid flows from DAC donors, Canada 66,165 current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 432,127 current US$ (2022)
- Net bilateral aid flows from DAC donors, Germany 57,830 current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 416,943 current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 9.25 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Total 25.68 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United States 8.05 million current US$ (2023)
- Net official flows from UN agencies, UNDP 42,500 current US$ (2018)
- Net official development assistance and official aid received 28.79 million current US$ (2023)
- Net official development assistance received 28.79 million current US$ (2023)
Frequently asked questions
- What is net official development assistance and official aid received in Palau?
- Net official development assistance and official aid received in Palau was 28.79 million constant 2023 US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance and official aid received recorded in Palau?
- The highest recorded value was 367.53 million constant 2023 US$ in 1994.
- What is the lowest net official development assistance and official aid received recorded in Palau?
- The lowest recorded value was 12,695 constant 2023 US$ in 1993.
- How does Palau rank for net official development assistance and official aid received?
- Palau ranks 150th out of 181 countries with data for 2023.
- Is net official development assistance and official aid received rising or falling in Palau?
- Over the last ten years it is down 18.3%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net official development assistance and official aid received (constant 2023 US$). 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). Net official aid refers to aid flows (net of repayments) 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. Data are in constant 2023 U.S. dollars.