Net official development assistance received (current US$) (Net) in Palestine
Palestine: Net official development assistance received (current US$) (Net) was 3.62 billion current US$ in 2023. ◆ Volatile
Net official development assistance received in Palestine, 1993–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
The most recent figure for net official development assistance received in Palestine is 3.62 billion current US$, measured in 2023. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 61.9% on the previous year and up 39.3% over ten years.
Over the whole period, net official development assistance received in Palestine peaked at 3.62 billion current US$ in 2023 and was at its lowest, 178.74 million current US$, in 1993.
That places Palestine 8th out of 171 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received (current US$) (Net) in Palestine, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | 178.74 million current US$ | — |
| 1994 | 471.98 million current US$ | +164.1% |
| 1995 | 514.11 million current US$ | +8.9% |
| 1996 | 552.41 million current US$ | +7.4% |
| 1997 | 613.03 million current US$ | +11.0% |
| 1998 | 612.57 million current US$ | -0.1% |
| 1999 | 580.55 million current US$ | -5.2% |
| 2000 | 684.50 million current US$ | +17.9% |
| 2001 | 997.59 million current US$ | +45.7% |
| 2002 | 971.61 million current US$ | -2.6% |
| 2003 | 1.04 billion current US$ | +7.2% |
| 2004 | 1.16 billion current US$ | +11.4% |
| 2005 | 1.02 billion current US$ | -12.5% |
| 2006 | 1.36 billion current US$ | +33.9% |
| 2007 | 1.72 billion current US$ | +26.2% |
| 2008 | 2.47 billion current US$ | +43.9% |
| 2009 | 2.83 billion current US$ | +14.5% |
| 2010 | 2.42 billion current US$ | -14.5% |
| 2011 | 2.43 billion current US$ | +0.7% |
| 2012 | 2.01 billion current US$ | -17.6% |
| 2013 | 2.60 billion current US$ | +29.7% |
| 2014 | 2.49 billion current US$ | -4.4% |
| 2015 | 1.87 billion current US$ | -24.7% |
| 2016 | 2.40 billion current US$ | +28.3% |
| 2017 | 2.15 billion current US$ | -10.6% |
| 2018 | 2.30 billion current US$ | +7.0% |
| 2019 | 2.30 billion current US$ | +0.0% |
| 2020 | 2.04 billion current US$ | -11.4% |
| 2021 | 2.16 billion current US$ | +6.2% |
| 2022 | 2.24 billion current US$ | +3.5% |
| 2023 | 3.62 billion current US$ | +61.9% |
Palestine compared with similar countries
- Palestine's 3.62 billion current US$ is above the median for lower middle income countries, which is 691.09 million current US$, 5.2× the median. (47 countries reporting)
- Palestine's 3.62 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 480.07 million current US$, 7.5× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received (current US$) (Net) in Palestine 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 |
|---|---|---|---|
| 1994 | +164.1% | 178.74 million current US$ | 471.98 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 503.34 million current US$ | 178.74 million current US$ | 613.03 million current US$ | 7 |
| 2000s | 1.42 billion current US$ | 684.50 million current US$ | 2.83 billion current US$ | 10 |
| 2010s | 2.30 billion current US$ | 1.87 billion current US$ | 2.60 billion current US$ | 10 |
| 2020s | 2.52 billion current US$ | 2.04 billion current US$ | 3.62 billion current US$ | 4 |
Countries ranked near Palestine
More aid effectiveness data for Palestine
- Net bilateral aid flows from DAC donors, Austria 7.58 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 29.31 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 72.33 million current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 331.71 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 118.42 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 300.61 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 70.55 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 52.50 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 35.41 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 92.87 million current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Palestine?
- Net official development assistance received in Palestine was 3.62 billion 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 Palestine?
- The highest recorded value was 3.62 billion current US$ in 2023.
- What is the lowest net official development assistance received recorded in Palestine?
- The lowest recorded value was 178.74 million current US$ in 1993.
- How does Palestine rank for net official development assistance received?
- Palestine ranks 8th out of 171 countries with data for 2023.
- Is net official development assistance received rising or falling in Palestine?
- Over the last ten years it is up 39.3%. The long-run trend across the full record is volatile.
- Where does this Palestine 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.