Grants, excluding technical cooperation in Somalia

Somalia: Grants, excluding technical cooperation was 2.30 billion BoP, current US$ in 2023. ◆ Volatile

Latest (2023)
2.30 billion BoP, current US$
Change on year
up 23.0%
World rank
10th
of 179 countries
All-time high
2.64 billion BoP, current US$
in 2020
All-time low
1.71 million BoP, current US$
in 1967
Years of data
64
1960–2023

Grants, excluding technical cooperation in Somalia, 1960–2023

01.0B2.0B3.0B196019912023

Source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD). Measured in BoP, current US$.

Analysis

In 2023, grants, excluding technical cooperation in Somalia stood at 2.30 billion BoP, current US$.

That represents a change of up 23.0% on the previous year and up 124.0% over ten years.

Over the whole period, grants, excluding technical cooperation in Somalia peaked at 2.64 billion BoP, current US$ in 2020 and was at its lowest, 1.71 million BoP, current US$, in 1967.

Somalia ranks 10th of 179 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 16.62 million BoP, current US$ 1.71 million BoP, current US$ 22.83 million BoP, current US$ 10
1970s 66.66 million BoP, current US$ 8.49 million BoP, current US$ 161.12 million BoP, current US$ 10
1980s 219.64 million BoP, current US$ 104.77 million BoP, current US$ 308.59 million BoP, current US$ 10
1990s 283.92 million BoP, current US$ 60.64 million BoP, current US$ 810.09 million BoP, current US$ 10
2000s 310.37 million BoP, current US$ 87.62 million BoP, current US$ 755.61 million BoP, current US$ 10
2010s 1.15 billion BoP, current US$ 474.74 million BoP, current US$ 1.69 billion BoP, current US$ 10
2020s 2.31 billion BoP, current US$ 1.87 billion BoP, current US$ 2.64 billion BoP, current US$ 4

Countries ranked near Somalia

  1. 7 Pakistan 3.07 billion BoP, current US$ compare
  2. 8 Afghanistan 3.02 billion BoP, current US$ compare
  3. 9 Mozambique 2.78 billion BoP, current US$ compare
  4. 11 Israel 2.29 billion BoP, current US$ compare
  5. 12 Jordan 2.12 billion BoP, current US$ compare
  6. 13 Turkey 1.93 billion BoP, current US$ compare

See the full ranking of 181 places →

More economy & growth data for Somalia

All data for Somalia →

Frequently asked questions

What is grants, excluding technical cooperation in Somalia?
Grants, excluding technical cooperation in Somalia was 2.30 billion 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 Somalia?
The highest recorded value was 2.64 billion BoP, current US$ in 2020.
What is the lowest grants, excluding technical cooperation recorded in Somalia?
The lowest recorded value was 1.71 million BoP, current US$ in 1967.
How does Somalia rank for grants, excluding technical cooperation?
Somalia ranks 10th out of 179 countries with data for 2023.
Is grants, excluding technical cooperation rising or falling in Somalia?
Over the last ten years it is up 124.0%. The long-run trend across the full record is volatile.
Where does this Somalia 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 — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Grants, excluding technical cooperation (BoP, current US$)
Unit
BoP, current US$
Source
DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
181 places, 9,080 data points, 1960–2023
Last refreshed

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.