Grants, excluding technical cooperation in Eritrea
Eritrea: Grants, excluding technical cooperation was 122.44 million BoP, current US$ in 2023. ◆ Volatile
Grants, excluding technical cooperation in Eritrea, 1971–2023
Source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD). Measured in BoP, current US$.
Analysis
The most recent figure for grants, excluding technical cooperation in Eritrea is 122.44 million BoP, current US$, measured in 2023.
The figure is up 91.1% on the previous year and up 45.2% over ten years.
Over the whole period, grants, excluding technical cooperation in Eritrea peaked at 335.11 million BoP, current US$ in 2019 and was at its lowest, 30,000 BoP, current US$, in 1971.
That places Eritrea 110th out of 181 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Grants, excluding technical cooperation in Eritrea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1971 | 30,000 BoP, current US$ | — |
| 1973 | 620,000 BoP, current US$ | +1966.7% |
| 1974 | 2.15 million BoP, current US$ | +246.8% |
| 1975 | 1.62 million BoP, current US$ | -24.7% |
| 1977 | 2.12 million BoP, current US$ | +30.9% |
| 1978 | 4.93 million BoP, current US$ | +132.5% |
| 1979 | 4.14 million BoP, current US$ | -16.0% |
| 1980 | 4.68 million BoP, current US$ | +13.0% |
| 1981 | 5.61 million BoP, current US$ | +19.9% |
| 1982 | 4.50 million BoP, current US$ | -19.8% |
| 1983 | 4.50 million BoP, current US$ | +0.0% |
| 1984 | 4.50 million BoP, current US$ | +0.0% |
| 1986 | 1.00 million BoP, current US$ | -77.8% |
| 1987 | 2.00 million BoP, current US$ | +100.0% |
| 1988 | 2.00 million BoP, current US$ | +0.0% |
| 1990 | 4.50 million BoP, current US$ | +125.0% |
| 1992 | 1.00 million BoP, current US$ | -77.8% |
| 1993 | 60.40 million BoP, current US$ | +5940.0% |
| 1994 | 113.94 million BoP, current US$ | +88.6% |
| 1995 | 103.23 million BoP, current US$ | -9.4% |
| 1996 | 92.25 million BoP, current US$ | -10.6% |
| 1997 | 60.20 million BoP, current US$ | -34.7% |
| 1998 | 75.36 million BoP, current US$ | +25.2% |
| 1999 | 65.37 million BoP, current US$ | -13.3% |
| 2000 | 106.52 million BoP, current US$ | +62.9% |
| 2001 | 151.41 million BoP, current US$ | +42.1% |
| 2002 | 120.81 million BoP, current US$ | -20.2% |
| 2003 | 205.95 million BoP, current US$ | +70.5% |
| 2004 | 191.68 million BoP, current US$ | -6.9% |
| 2005 | 238.66 million BoP, current US$ | +24.5% |
| 2006 | 88.85 million BoP, current US$ | -62.8% |
| 2007 | 117.68 million BoP, current US$ | +32.5% |
| 2008 | 110.50 million BoP, current US$ | -6.1% |
| 2009 | 127.88 million BoP, current US$ | +15.7% |
| 2010 | 143.79 million BoP, current US$ | +12.4% |
| 2011 | 108.61 million BoP, current US$ | -24.5% |
| 2012 | 74.97 million BoP, current US$ | -31.0% |
| 2013 | 84.33 million BoP, current US$ | +12.5% |
| 2014 | 82.70 million BoP, current US$ | -1.9% |
| 2015 | 91.07 million BoP, current US$ | +10.1% |
| 2016 | 55.17 million BoP, current US$ | -39.4% |
| 2017 | 72.77 million BoP, current US$ | +31.9% |
| 2018 | 82.51 million BoP, current US$ | +13.4% |
| 2019 | 335.11 million BoP, current US$ | +306.1% |
| 2020 | 61.19 million BoP, current US$ | -81.7% |
| 2021 | 45.78 million BoP, current US$ | -25.2% |
| 2022 | 64.08 million BoP, current US$ | +40.0% |
| 2023 | 122.44 million BoP, current US$ | +91.1% |
Eritrea compared with similar countries
- Eritrea's 122.44 million BoP, current US$ is below the median for low income countries, which is 1.12 billion BoP, current US$, 11% of the median. (25 countries reporting)
- Eritrea's 122.44 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 635.51 million BoP, current US$, 19% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Grants, excluding technical cooperation in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +5940.0% | 1.00 million BoP, current US$ | 60.40 million BoP, current US$ |
| 1973 | +1966.7% | 30,000 BoP, current US$ | 620,000 BoP, current US$ |
| 2019 | +306.1% | 82.51 million BoP, current US$ | 335.11 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.23 million BoP, current US$ | 30,000 BoP, current US$ | 4.93 million BoP, current US$ | 7 |
| 1980s | 3.60 million BoP, current US$ | 1.00 million BoP, current US$ | 5.61 million BoP, current US$ | 8 |
| 1990s | 64.03 million BoP, current US$ | 1.00 million BoP, current US$ | 113.94 million BoP, current US$ | 9 |
| 2000s | 146.00 million BoP, current US$ | 88.85 million BoP, current US$ | 238.66 million BoP, current US$ | 10 |
| 2010s | 113.10 million BoP, current US$ | 55.17 million BoP, current US$ | 335.11 million BoP, current US$ | 10 |
| 2020s | 73.37 million BoP, current US$ | 45.78 million BoP, current US$ | 122.44 million BoP, current US$ | 4 |
Countries ranked near Eritrea
- 107 Sint Maarten (Dutch part) 126.79 million BoP, current US$ compare
- 108 Argentina 125.27 million BoP, current US$ compare
- 109 Marshall Islands 124.64 million BoP, current US$ compare
- 111 Micronesia (country) 122.39 million BoP, current US$ compare
- 112 Tonga 121.36 million BoP, current US$ compare
- 113 New Caledonia 121.16 million BoP, current US$ compare
More economy & growth data for Eritrea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.25 Percent per annum (2019)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.84 Percent per annum (2019)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -27.95 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 106.46 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0189 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.58 % change on previous year (2019)
- Total reserves (includes gold, current US$), per unit of GDP 0.0558 includes gold, current US$ per US$ of GDP (2011)
- Total reserves (includes gold, current US$), per capita 59.16 includes gold, current US$ per person (2019)
- Total reserves minus gold (current US$), annual growth rate 17.58 % change on previous year (2019)
Frequently asked questions
- What is grants, excluding technical cooperation in Eritrea?
- Grants, excluding technical cooperation in Eritrea was 122.44 million BoP, current US$ in 2023, according to DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD).
- What is the highest grants, excluding technical cooperation recorded in Eritrea?
- The highest recorded value was 335.11 million BoP, current US$ in 2019.
- What is the lowest grants, excluding technical cooperation recorded in Eritrea?
- The lowest recorded value was 30,000 BoP, current US$ in 1971.
- How does Eritrea rank for grants, excluding technical cooperation?
- Eritrea ranks 110th out of 181 countries with data for 2023.
- Is grants, excluding technical cooperation rising or falling in Eritrea?
- Over the last ten years it is up 45.2%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), published as part of Grants, excluding technical cooperation (BoP, current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.