Net official development assistance and official aid received in Micronesia (country)
Micronesia (country): Net official development assistance and official aid received was 125.81 million current US$ in 2023. ▲ Rising
Net official development assistance and official aid received in Micronesia (country), 1991–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2023, net official development assistance and official aid received in Micronesia (country) stood at 125.81 million current US$.
The figure is down 17.4% on the previous year and down 12.2% over ten years.
Over the whole period, net official development assistance and official aid received in Micronesia (country) peaked at 171.63 million current US$ in 2020 and was at its lowest, 460,000 current US$, in 1991.
That places Micronesia (country) 125th out of 181 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Net official development assistance and official aid received in Micronesia (country), year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 460,000 current US$ | — |
| 1992 | 13.19 million current US$ | +2767.4% |
| 1993 | 62.13 million current US$ | +371.0% |
| 1994 | 102.66 million current US$ | +65.2% |
| 1995 | 73.55 million current US$ | -28.4% |
| 1996 | 112.69 million current US$ | +53.2% |
| 1997 | 84.44 million current US$ | -25.1% |
| 1998 | 73.64 million current US$ | -12.8% |
| 1999 | 102.88 million current US$ | +39.7% |
| 2000 | 97.48 million current US$ | -5.2% |
| 2001 | 135.40 million current US$ | +38.9% |
| 2002 | 110.73 million current US$ | -18.2% |
| 2003 | 112.27 million current US$ | +1.4% |
| 2004 | 85.37 million current US$ | -24.0% |
| 2005 | 104.82 million current US$ | +22.8% |
| 2006 | 106.24 million current US$ | +1.3% |
| 2007 | 111.71 million current US$ | +5.1% |
| 2008 | 91.13 million current US$ | -18.4% |
| 2009 | 120.91 million current US$ | +32.7% |
| 2010 | 63.77 million current US$ | -47.3% |
| 2011 | 130.64 million current US$ | +104.9% |
| 2012 | 143.26 million current US$ | +9.7% |
| 2013 | 143.21 million current US$ | -0.0% |
| 2014 | 117.00 million current US$ | -18.3% |
| 2015 | 81.39 million current US$ | -30.4% |
| 2016 | 50.83 million current US$ | -37.6% |
| 2017 | 98.15 million current US$ | +93.1% |
| 2018 | 98.79 million current US$ | +0.6% |
| 2019 | 92.54 million current US$ | -6.3% |
| 2020 | 171.63 million current US$ | +85.5% |
| 2021 | 131.25 million current US$ | -23.5% |
| 2022 | 152.27 million current US$ | +16.0% |
| 2023 | 125.81 million current US$ | -17.4% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 125.81 million current US$ is below the median for upper middle income countries, which is 223.69 million current US$, 56% of the median. (59 countries reporting)
- Micronesia (country)'s 125.81 million current US$ is below the median for East Asia & Pacific, which is 125.97 million current US$, 100% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid received in Micronesia (country) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +2767.4% | 460,000 current US$ | 13.19 million current US$ |
| 1993 | +371.0% | 13.19 million current US$ | 62.13 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 69.52 million current US$ | 460,000 current US$ | 112.69 million current US$ | 9 |
| 2000s | 107.61 million current US$ | 85.37 million current US$ | 135.40 million current US$ | 10 |
| 2010s | 101.96 million current US$ | 50.83 million current US$ | 143.26 million current US$ | 10 |
| 2020s | 145.24 million current US$ | 125.81 million current US$ | 171.63 million current US$ | 4 |
Countries ranked near Micronesia (country)
- 122 Eritrea 129.19 million current US$ compare
- 123 Sint Maarten (Dutch part) 126.98 million current US$ compare
- 124 Marshall Islands 126.13 million current US$ compare
- 126 Azerbaijan 123.22 million current US$ compare
- 127 Samoa 117.17 million current US$ compare
- 128 Belarus 114.75 million current US$ compare
More aid effectiveness data for Micronesia (country)
- Net bilateral aid flows from DAC donors, Canada 112,171 current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 5.12 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 30,000 current US$ (2013)
- Net bilateral aid flows from DAC donors, Germany 18,520 current US$ (2023)
- Net bilateral aid flows from DAC donors, France 4,873 current US$ (2016)
- Net bilateral aid flows from DAC donors, Japan 3.98 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Total 115.08 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United States 100.03 million current US$ (2023)
- Net official flows from UN agencies, UNDP 39,880 current US$ (2022)
- Net official development assistance and official aid received 125.81 million constant 2023 US$ (2023)
Frequently asked questions
- What is net official development assistance and official aid received in Micronesia (country)?
- Net official development assistance and official aid received in Micronesia (country) was 125.81 million current 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 Micronesia (country)?
- The highest recorded value was 171.63 million current US$ in 2020.
- What is the lowest net official development assistance and official aid received recorded in Micronesia (country)?
- The lowest recorded value was 460,000 current US$ in 1991.
- How does Micronesia (country) rank for net official development assistance and official aid received?
- Micronesia (country) ranks 125th out of 181 countries with data for 2023.
- Is net official development assistance and official aid received rising or falling in Micronesia (country)?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is rising.
- Where does this Micronesia (country) 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.