Net official development assistance and official aid … aid current in European Union
European Union: Net official development assistance and official aid … aid current was 280,000 current US$ in 2011. ◆ Volatile
Net official development assistance and official aid received in European Union, 1970–2011
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2011, net official development assistance and official aid received in European Union stood at 280,000 current US$. That is the lowest value across all 42 years on record.
Compared with earlier readings it is down 99.8% on the previous year and down 100.0% over ten years.
Over the whole period, net official development assistance and official aid received in European Union peaked at 4.66 billion current US$ in 2004 and was at its lowest, 280,000 current US$, in 2011.
That places European Union 45th out of 47 groups with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid … aid current in European Union, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 25.42 million current US$ | — |
| 1971 | 22.02 million current US$ | -13.4% |
| 1972 | 22.34 million current US$ | +1.5% |
| 1973 | 35.57 million current US$ | +59.2% |
| 1974 | 42.78 million current US$ | +20.3% |
| 1975 | 64.80 million current US$ | +51.5% |
| 1976 | 86.46 million current US$ | +33.4% |
| 1977 | 126.18 million current US$ | +45.9% |
| 1978 | 87.14 million current US$ | -30.9% |
| 1979 | 81.71 million current US$ | -6.2% |
| 1980 | 68.61 million current US$ | -16.0% |
| 1981 | 93.18 million current US$ | +35.8% |
| 1982 | 55.96 million current US$ | -39.9% |
| 1983 | 62.60 million current US$ | +11.9% |
| 1984 | 28.23 million current US$ | -54.9% |
| 1985 | 55.19 million current US$ | +95.5% |
| 1986 | 41.81 million current US$ | -24.2% |
| 1987 | 39.89 million current US$ | -4.6% |
| 1988 | 41.38 million current US$ | +3.7% |
| 1989 | 35.53 million current US$ | -14.1% |
| 1990 | 1.71 billion current US$ | +4708.8% |
| 1991 | 4.20 billion current US$ | +145.8% |
| 1992 | 2.56 billion current US$ | -38.9% |
| 1993 | 1.88 billion current US$ | -26.8% |
| 1994 | 2.94 billion current US$ | +56.8% |
| 1995 | 4.64 billion current US$ | +57.6% |
| 1996 | 2.54 billion current US$ | -45.3% |
| 1997 | 2.11 billion current US$ | -16.7% |
| 1998 | 2.78 billion current US$ | +31.4% |
| 1999 | 3.19 billion current US$ | +14.9% |
| 2000 | 3.39 billion current US$ | +6.2% |
| 2001 | 3.44 billion current US$ | +1.5% |
| 2002 | 2.58 billion current US$ | -24.9% |
| 2003 | 3.64 billion current US$ | +41.0% |
| 2004 | 4.66 billion current US$ | +27.8% |
| 2005 | 123.46 million current US$ | -97.4% |
| 2006 | 196.51 million current US$ | +59.2% |
| 2007 | 162.91 million current US$ | -17.1% |
| 2008 | 241.06 million current US$ | +48.0% |
| 2009 | 168.83 million current US$ | -30.0% |
| 2010 | 131.55 million current US$ | -22.1% |
| 2011 | 280,000 current US$ | -99.8% |
Biggest year-on-year movements
Years where Net official development assistance and official aid … aid current in European Union 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 |
|---|---|---|---|
| 1990 | +4708.8% | 35.53 million current US$ | 1.71 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 59.44 million current US$ | 22.02 million current US$ | 126.18 million current US$ | 10 |
| 1980s | 52.24 million current US$ | 28.23 million current US$ | 93.18 million current US$ | 10 |
| 1990s | 2.85 billion current US$ | 1.71 billion current US$ | 4.64 billion current US$ | 10 |
| 2000s | 1.86 billion current US$ | 123.46 million current US$ | 4.66 billion current US$ | 10 |
| 2010s | 65.92 million current US$ | 280,000 current US$ | 131.55 million current US$ | 2 |
Countries ranked near European Union
- 42 Indonesia 1.16 billion current US$ compare
- 43 Myanmar 1.14 billion current US$ compare
- 44 Chad 1.14 billion current US$ compare
- 45 Haiti 1.08 billion current US$ compare
- 46 Moldova 1.05 billion current US$ compare
- 47 Benin 1.03 billion current US$ compare
- 48 Colombia 1.03 billion current US$ compare
More aid effectiveness data for European Union
- Net bilateral aid flows from DAC donors, Austria 5.74 million current US$ (2010)
- Net bilateral aid flows from DAC donors, Belgium 10,000 current US$ (2010)
- Net bilateral aid flows from DAC donors, Canada 110,000 current US$ (2009)
- Net bilateral aid flows from DAC donors, European Union institutions 105.39 million current US$ (2010)
- Net bilateral aid flows from DAC donors, Switzerland 70,000 current US$ (2010)
- Net bilateral aid flows from DAC donors, Germany 22.53 million current US$ (2010)
- Net bilateral aid flows from DAC donors, France 3.77 million current US$ (2010)
- Net bilateral aid flows from DAC donors, United Kingdom 1.05 million current US$ (2010)
- Net bilateral aid flows from DAC donors, Italy 280,000 current US$ (2011)
- Net bilateral aid flows from DAC donors, Japan 1.88 million current US$ (2010)
Frequently asked questions
- What is net official development assistance and official aid received in European Union?
- Net official development assistance and official aid received in European Union was 280,000 current US$ in 2011, 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 European Union?
- The highest recorded value was 4.66 billion current US$ in 2004.
- What is the lowest net official development assistance and official aid received recorded in European Union?
- The lowest recorded value was 280,000 current US$ in 2011.
- How does European Union rank for net official development assistance and official aid received?
- European Union ranks 45th out of 47 groups with data for 2011.
- Is net official development assistance and official aid received rising or falling in European Union?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this European Union 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 (current 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 current U.S. dollars.