Net official development assistance received in Micronesia (country)
Micronesia (country): Net official development assistance received was 125.81 million constant 2023 US$ in 2023. ▲ Rising
Net official development assistance received in Micronesia (country), 1991–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
Micronesia (country) recorded 125.81 million constant 2023 US$ for net official development assistance received in 2023.
Compared with earlier readings it is down 19.7% on the previous year and down 26.3% over ten years.
Over the whole period, net official development assistance received in Micronesia (country) peaked at 215.57 million constant 2023 US$ in 2001 and was at its lowest, 708,319 constant 2023 US$, in 1991.
That places Micronesia (country) 115th out of 171 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Net official development assistance received in Micronesia (country), year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1991 | 708,319 constant 2023 US$ | — |
| 1992 | 13.39 million constant 2023 US$ | +1790.6% |
| 1993 | 100.45 million constant 2023 US$ | +650.1% |
| 1994 | 170.79 million constant 2023 US$ | +70.0% |
| 1995 | 111.71 million constant 2023 US$ | -34.6% |
| 1996 | 192.53 million constant 2023 US$ | +72.3% |
| 1997 | 136.56 million constant 2023 US$ | -29.1% |
| 1998 | 121.88 million constant 2023 US$ | -10.8% |
| 1999 | 170.69 million constant 2023 US$ | +40.0% |
| 2000 | 154.84 million constant 2023 US$ | -9.3% |
| 2001 | 215.57 million constant 2023 US$ | +39.2% |
| 2002 | 172.99 million constant 2023 US$ | -19.8% |
| 2003 | 171.88 million constant 2023 US$ | -0.6% |
| 2004 | 127.65 million constant 2023 US$ | -25.7% |
| 2005 | 151.35 million constant 2023 US$ | +18.6% |
| 2006 | 151.19 million constant 2023 US$ | -0.1% |
| 2007 | 152.35 million constant 2023 US$ | +0.8% |
| 2008 | 121.16 million constant 2023 US$ | -20.5% |
| 2009 | 159.63 million constant 2023 US$ | +31.8% |
| 2010 | 74.93 million constant 2023 US$ | -53.1% |
| 2011 | 152.49 million constant 2023 US$ | +103.5% |
| 2012 | 178.72 million constant 2023 US$ | +17.2% |
| 2013 | 170.80 million constant 2023 US$ | -4.4% |
| 2014 | 143.80 million constant 2023 US$ | -15.8% |
| 2015 | 97.43 million constant 2023 US$ | -32.3% |
| 2016 | 59.51 million constant 2023 US$ | -38.9% |
| 2017 | 115.44 million constant 2023 US$ | +94.0% |
| 2018 | 109.73 million constant 2023 US$ | -4.9% |
| 2019 | 103.26 million constant 2023 US$ | -5.9% |
| 2020 | 193.19 million constant 2023 US$ | +87.1% |
| 2021 | 142.98 million constant 2023 US$ | -26.0% |
| 2022 | 156.73 million constant 2023 US$ | +9.6% |
| 2023 | 125.81 million constant 2023 US$ | -19.7% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 125.81 million constant 2023 US$ is below the median for upper middle income countries, which is 223.69 million constant 2023 US$, 56% of the median. (59 countries reporting)
- Micronesia (country)'s 125.81 million constant 2023 US$ is below the median for East Asia & Pacific, which is 125.97 million constant 2023 US$, 100% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Micronesia (country) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1790.6% | 708,319 constant 2023 US$ | 13.39 million constant 2023 US$ |
| 1993 | +650.1% | 13.39 million constant 2023 US$ | 100.45 million constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 113.19 million constant 2023 US$ | 708,319 constant 2023 US$ | 192.53 million constant 2023 US$ | 9 |
| 2000s | 157.86 million constant 2023 US$ | 121.16 million constant 2023 US$ | 215.57 million constant 2023 US$ | 10 |
| 2010s | 120.61 million constant 2023 US$ | 59.51 million constant 2023 US$ | 178.72 million constant 2023 US$ | 10 |
| 2020s | 154.68 million constant 2023 US$ | 125.81 million constant 2023 US$ | 193.19 million constant 2023 US$ | 4 |
Countries ranked near Micronesia (country)
- 112 Tonga 129.55 million constant 2023 US$ compare
- 113 Eritrea 129.19 million constant 2023 US$ compare
- 114 Marshall Islands 126.13 million constant 2023 US$ compare
- 116 Azerbaijan 123.22 million constant 2023 US$ compare
- 117 Samoa 117.17 million constant 2023 US$ compare
- 118 Belarus 114.75 million constant 2023 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 current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Micronesia (country)?
- Net official development assistance received in Micronesia (country) was 125.81 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 received recorded in Micronesia (country)?
- The highest recorded value was 215.57 million constant 2023 US$ in 2001.
- What is the lowest net official development assistance received recorded in Micronesia (country)?
- The lowest recorded value was 708,319 constant 2023 US$ in 1991.
- How does Micronesia (country) rank for net official development assistance received?
- Micronesia (country) ranks 115th out of 171 countries with data for 2023.
- Is net official development assistance received rising or falling in Micronesia (country)?
- Over the last ten years it is down 26.3%. 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 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). Data are in constant 2023 U.S. dollars.