Net official development assistance and official aid received in Hungary
Hungary: Net official development assistance and official aid received was 302.01 million current US$ in 2004. ◆ Volatile
Net official development assistance and official aid received in Hungary, 1990–2004
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2004, net official development assistance and official aid received in Hungary stood at 302.01 million current US$.
That represents a change of up 21.8% on the previous year and up 51.7% over ten years.
Over the whole period, net official development assistance and official aid received in Hungary peaked at 626.22 million current US$ in 1991 and was at its lowest, -245.24 million current US$, in 1995.
That places Hungary 92nd out of 181 countries with data for 2004, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Hungary, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 67.01 million current US$ | — |
| 1991 | 626.22 million current US$ | +834.5% |
| 1992 | 221.15 million current US$ | -64.7% |
| 1993 | 164.39 million current US$ | -25.7% |
| 1994 | 199.08 million current US$ | +21.1% |
| 1995 | -245.24 million current US$ | -223.2% |
| 1996 | 202.76 million current US$ | -182.7% |
| 1997 | 176.16 million current US$ | -13.1% |
| 1998 | 238.75 million current US$ | +35.5% |
| 1999 | 248.78 million current US$ | +4.2% |
| 2000 | 252.17 million current US$ | +1.4% |
| 2001 | 417.49 million current US$ | +65.6% |
| 2002 | 160.33 million current US$ | -61.6% |
| 2003 | 247.99 million current US$ | +54.7% |
| 2004 | 302.01 million current US$ | +21.8% |
Hungary compared with similar countries
- Hungary's 302.01 million current US$ is above the median for high income countries, which is 28.79 million current US$, 10.5× the median. (49 countries reporting)
- Hungary's 302.01 million current US$ is below the median for Europe & Central Asia, which is 304.85 million current US$, 99% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid received in Hungary changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +834.5% | 67.01 million current US$ | 626.22 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 189.91 million current US$ | -245.24 million current US$ | 626.22 million current US$ | 10 |
| 2000s | 276.00 million current US$ | 160.33 million current US$ | 417.49 million current US$ | 5 |
Countries ranked near Hungary
More aid effectiveness data for Hungary
- Net bilateral aid flows from DAC donors, Austria 8.90 million current US$ (2004)
- Net bilateral aid flows from DAC donors, Belgium 450,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, Canada 760,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, European Union institutions 237.81 million current US$ (2004)
- Net bilateral aid flows from DAC donors, Switzerland 160,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, Germany 22.92 million current US$ (2004)
- Net bilateral aid flows from DAC donors, France 12.78 million current US$ (2004)
- Net bilateral aid flows from DAC donors, United Kingdom 730,000 current US$ (2003)
- Net bilateral aid flows from DAC donors, Italy 30,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, Japan 4.72 million current US$ (2004)
Frequently asked questions
- What is net official development assistance and official aid received in Hungary?
- Net official development assistance and official aid received in Hungary was 302.01 million current US$ in 2004, 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 Hungary?
- The highest recorded value was 626.22 million current US$ in 1991.
- What is the lowest net official development assistance and official aid received recorded in Hungary?
- The lowest recorded value was -245.24 million current US$ in 1995.
- How does Hungary rank for net official development assistance and official aid received?
- Hungary ranks 92nd out of 181 countries with data for 2004.
- Is net official development assistance and official aid received rising or falling in Hungary?
- Over the last ten years it is up 51.7%. The long-run trend across the full record is volatile.
- Where does this Hungary 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.