Net official development assistance received in Saudi Arabia
Saudi Arabia: Net official development assistance received was -131.07 million current US$ in 2007. ◆ Volatile
Net official development assistance received in Saudi Arabia, 1960–2007
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
In 2007, net official development assistance received in Saudi Arabia stood at -131.07 million current US$. That is the lowest value across all 48 years on record.
That represents a change of down 639.4% on the previous year and down 9,597.8% over ten years.
Over the whole period, net official development assistance received in Saudi Arabia peaked at 49.81 million current US$ in 1992 and was at its lowest, -131.07 million current US$, in 2007.
Saudi Arabia ranks 170th of 171 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Saudi Arabia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 8.01 million current US$ | — |
| 1961 | -190,000 current US$ | -102.4% |
| 1962 | -10.25 million current US$ | +5294.7% |
| 1963 | -2.53 million current US$ | -75.3% |
| 1964 | -430,000 current US$ | -83.0% |
| 1965 | 350,000 current US$ | -181.4% |
| 1966 | 320,000 current US$ | -8.6% |
| 1967 | 430,000 current US$ | +34.4% |
| 1968 | 500,000 current US$ | +16.3% |
| 1969 | 1.36 million current US$ | +172.0% |
| 1970 | 1.46 million current US$ | +7.4% |
| 1971 | 1.91 million current US$ | +30.8% |
| 1972 | 2.23 million current US$ | +16.8% |
| 1973 | 2.73 million current US$ | +22.4% |
| 1974 | 3.61 million current US$ | +32.2% |
| 1975 | 2.99 million current US$ | -17.2% |
| 1976 | 1.78 million current US$ | -40.5% |
| 1977 | 6.69 million current US$ | +275.8% |
| 1978 | 6.15 million current US$ | -8.1% |
| 1979 | 10.73 million current US$ | +74.5% |
| 1980 | 12.83 million current US$ | +19.6% |
| 1981 | 25.44 million current US$ | +98.3% |
| 1982 | 46.34 million current US$ | +82.2% |
| 1983 | 42.37 million current US$ | -8.6% |
| 1984 | 35.10 million current US$ | -17.2% |
| 1985 | 27.48 million current US$ | -21.7% |
| 1986 | 30.18 million current US$ | +9.8% |
| 1987 | 21.32 million current US$ | -29.4% |
| 1988 | 18.71 million current US$ | -12.2% |
| 1989 | 13.61 million current US$ | -27.3% |
| 1990 | 14.66 million current US$ | +7.7% |
| 1991 | 13.79 million current US$ | -5.9% |
| 1992 | 49.81 million current US$ | +261.2% |
| 1993 | 29.07 million current US$ | -41.6% |
| 1994 | 16.72 million current US$ | -42.5% |
| 1995 | 16.99 million current US$ | +1.6% |
| 1996 | 14.08 million current US$ | -17.1% |
| 1997 | 1.38 million current US$ | -90.2% |
| 1998 | 16.59 million current US$ | +1102.2% |
| 1999 | 22.15 million current US$ | +33.5% |
| 2000 | 21.96 million current US$ | -0.9% |
| 2001 | 13.11 million current US$ | -40.3% |
| 2002 | 16.78 million current US$ | +28.0% |
| 2003 | 13.79 million current US$ | -17.8% |
| 2004 | 20.24 million current US$ | +46.8% |
| 2005 | 25.11 million current US$ | +24.1% |
| 2006 | 24.30 million current US$ | -3.2% |
| 2007 | -131.07 million current US$ | -639.4% |
Saudi Arabia compared with similar countries
- Saudi Arabia's -131.07 million current US$ is below the median for high income countries, which is 15.39 million current US$. (39 countries reporting)
- Saudi Arabia's -131.07 million current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 480.07 million current US$. (23 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Saudi Arabia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1962 | -5294.7% | -190,000 current US$ | -10.25 million current US$ |
| 1998 | +1102.2% | 1.38 million current US$ | 16.59 million current US$ |
| 2007 | -639.4% | 24.30 million current US$ | -131.07 million current US$ |
| 1977 | +275.8% | 1.78 million current US$ | 6.69 million current US$ |
| 1992 | +261.2% | 13.79 million current US$ | 49.81 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -243,000 current US$ | -10.25 million current US$ | 8.01 million current US$ | 10 |
| 1970s | 4.03 million current US$ | 1.46 million current US$ | 10.73 million current US$ | 10 |
| 1980s | 27.34 million current US$ | 12.83 million current US$ | 46.34 million current US$ | 10 |
| 1990s | 19.52 million current US$ | 1.38 million current US$ | 49.81 million current US$ | 10 |
| 2000s | 527,500 current US$ | -131.07 million current US$ | 25.11 million current US$ | 8 |
Countries ranked near Saudi Arabia
More aid effectiveness data for Saudi Arabia
- Net bilateral aid flows from DAC donors, Austria 60,000 current US$ (2007)
- Net bilateral aid flows from DAC donors, Belgium -210,000 current US$ (2003)
- Net bilateral aid flows from DAC donors, Canada 10,000 current US$ (2004)
- Net bilateral aid flows from DAC donors, European Union institutions 10,000 current US$ (2007)
- Net bilateral aid flows from DAC donors, Germany 1.53 million current US$ (2007)
- Net bilateral aid flows from DAC donors, France 7.04 million current US$ (2007)
- Net bilateral aid flows from DAC donors, United Kingdom 760,000 current US$ (2007)
- Net bilateral aid flows from DAC donors, Italy 60,000 current US$ (1995)
- Net bilateral aid flows from DAC donors, Japan -154.04 million current US$ (2007)
- Net bilateral aid flows from DAC donors, Total -143.95 million current US$ (2007)
Frequently asked questions
- What is net official development assistance received in Saudi Arabia?
- Net official development assistance received in Saudi Arabia was -131.07 million current US$ in 2007, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance received recorded in Saudi Arabia?
- The highest recorded value was 49.81 million current US$ in 1992.
- What is the lowest net official development assistance received recorded in Saudi Arabia?
- The lowest recorded value was -131.07 million current US$ in 2007.
- How does Saudi Arabia rank for net official development assistance received?
- Saudi Arabia ranks 170th out of 171 countries with data for 2007.
- Is net official development assistance received rising or falling in Saudi Arabia?
- Over the last ten years it is down 9,597.8%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia 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.