Net official development assistance received in Guinea
Guinea: Net official development assistance received was 531.75 million current US$ in 2023. ◆ Volatile
Net official development assistance received in Guinea, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2023, net official development assistance received in Guinea stood at 531.75 million current US$.
Compared with earlier readings it is up 5.9% on the previous year and up 13.8% over ten years.
Over the whole period, net official development assistance received in Guinea peaked at 727.19 million current US$ in 2020 and was at its lowest, 160,000 current US$, in 1960.
Guinea ranks 65th of 171 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 160,000 current US$ | — |
| 1961 | 2.53 million current US$ | +1481.2% |
| 1962 | 10.19 million current US$ | +302.8% |
| 1963 | 23.30 million current US$ | +128.7% |
| 1964 | 14.14 million current US$ | -39.3% |
| 1965 | 24.02 million current US$ | +69.9% |
| 1966 | 14.39 million current US$ | -40.1% |
| 1967 | 8.00 million current US$ | -44.4% |
| 1968 | 6.10 million current US$ | -23.8% |
| 1969 | 13.43 million current US$ | +120.2% |
| 1970 | 10.25 million current US$ | -23.7% |
| 1971 | 9.55 million current US$ | -6.8% |
| 1972 | 4.79 million current US$ | -49.8% |
| 1973 | 11.22 million current US$ | +134.2% |
| 1974 | 19.81 million current US$ | +76.6% |
| 1975 | 24.37 million current US$ | +23.0% |
| 1976 | 10.41 million current US$ | -57.3% |
| 1977 | 22.60 million current US$ | +117.1% |
| 1978 | 59.30 million current US$ | +162.4% |
| 1979 | 55.56 million current US$ | -6.3% |
| 1980 | 88.67 million current US$ | +59.6% |
| 1981 | 106.51 million current US$ | +20.1% |
| 1982 | 115.49 million current US$ | +8.4% |
| 1983 | 66.48 million current US$ | -42.4% |
| 1984 | 120.22 million current US$ | +80.8% |
| 1985 | 112.92 million current US$ | -6.1% |
| 1986 | 168.27 million current US$ | +49.0% |
| 1987 | 220.81 million current US$ | +31.2% |
| 1988 | 254.96 million current US$ | +15.5% |
| 1989 | 363.16 million current US$ | +42.4% |
| 1990 | 291.58 million current US$ | -19.7% |
| 1991 | 377.52 million current US$ | +29.5% |
| 1992 | 447.28 million current US$ | +18.5% |
| 1993 | 410.28 million current US$ | -8.3% |
| 1994 | 358.23 million current US$ | -12.7% |
| 1995 | 415.92 million current US$ | +16.1% |
| 1996 | 298.06 million current US$ | -28.3% |
| 1997 | 381.38 million current US$ | +28.0% |
| 1998 | 359.57 million current US$ | -5.7% |
| 1999 | 237.83 million current US$ | -33.9% |
| 2000 | 153.41 million current US$ | -35.5% |
| 2001 | 289.25 million current US$ | +88.5% |
| 2002 | 254.19 million current US$ | -12.1% |
| 2003 | 250.63 million current US$ | -1.4% |
| 2004 | 274.81 million current US$ | +9.6% |
| 2005 | 192.91 million current US$ | -29.8% |
| 2006 | 173.12 million current US$ | -10.3% |
| 2007 | 257.62 million current US$ | +48.8% |
| 2008 | 351.22 million current US$ | +36.3% |
| 2009 | 217.66 million current US$ | -38.0% |
| 2010 | 219.73 million current US$ | +1.0% |
| 2011 | 202.12 million current US$ | -8.0% |
| 2012 | 633.18 million current US$ | +213.3% |
| 2013 | 467.42 million current US$ | -26.2% |
| 2014 | 563.12 million current US$ | +20.5% |
| 2015 | 539.40 million current US$ | -4.2% |
| 2016 | 566.99 million current US$ | +5.1% |
| 2017 | 472.24 million current US$ | -16.7% |
| 2018 | 653.99 million current US$ | +38.5% |
| 2019 | 562.77 million current US$ | -13.9% |
| 2020 | 727.19 million current US$ | +29.2% |
| 2021 | 594.08 million current US$ | -18.3% |
| 2022 | 502.32 million current US$ | -15.4% |
| 2023 | 531.75 million current US$ | +5.9% |
Guinea compared with similar countries
- Guinea's 531.75 million current US$ is below the median for lower middle income countries, which is 691.09 million current US$, 77% of the median. (47 countries reporting)
- Guinea's 531.75 million current US$ is below the median for Sub-Saharan Africa, which is 865.90 million current US$, 61% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | +1481.2% | 160,000 current US$ | 2.53 million current US$ |
| 1962 | +302.8% | 2.53 million current US$ | 10.19 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.63 million current US$ | 160,000 current US$ | 24.02 million current US$ | 10 |
| 1970s | 22.79 million current US$ | 4.79 million current US$ | 59.30 million current US$ | 10 |
| 1980s | 161.75 million current US$ | 66.48 million current US$ | 363.16 million current US$ | 10 |
| 1990s | 357.77 million current US$ | 237.83 million current US$ | 447.28 million current US$ | 10 |
| 2000s | 241.48 million current US$ | 153.41 million current US$ | 351.22 million current US$ | 10 |
| 2010s | 488.10 million current US$ | 202.12 million current US$ | 653.99 million current US$ | 10 |
| 2020s | 588.84 million current US$ | 502.32 million current US$ | 727.19 million current US$ | 4 |
Countries ranked near Guinea
More aid effectiveness data for Guinea
- Net bilateral aid flows from DAC donors, Austria 10,968 current US$ (2018)
- Net bilateral aid flows from DAC donors, Belgium 19.99 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 6.50 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 47.81 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 990,301 current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 21.79 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 112.06 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 42,372 current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 1.59 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 14.32 million current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Guinea?
- Net official development assistance received in Guinea was 531.75 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 received recorded in Guinea?
- The highest recorded value was 727.19 million current US$ in 2020.
- What is the lowest net official development assistance received recorded in Guinea?
- The lowest recorded value was 160,000 current US$ in 1960.
- How does Guinea rank for net official development assistance received?
- Guinea ranks 65th out of 171 countries with data for 2023.
- Is net official development assistance received rising or falling in Guinea?
- Over the last ten years it is up 13.8%. The long-run trend across the full record is volatile.
- Where does this Guinea 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 (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). Data are in current U.S. dollars.