Grants, excluding technical cooperation in Somalia
Somalia: Grants, excluding technical cooperation was 2.30 billion BoP, current US$ in 2023. ◆ Volatile
Grants, excluding technical cooperation in Somalia, 1960–2023
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$, in 1967.
Somalia ranks 10th of 181 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Grants, excluding technical cooperation in Somalia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | 21.41 million BoP, current US$ | — |
| 1961 | 20.60 million BoP, current US$ | -3.8% |
| 1962 | 22.53 million BoP, current US$ | +9.4% |
| 1963 | 21.55 million BoP, current US$ | -4.3% |
| 1964 | 14.47 million BoP, current US$ | -32.9% |
| 1965 | 22.83 million BoP, current US$ | +57.8% |
| 1966 | 11.42 million BoP, current US$ | -50.0% |
| 1967 | 1.71 million BoP, current US$ | -85.0% |
| 1968 | 19.71 million BoP, current US$ | +1052.6% |
| 1969 | 9.96 million BoP, current US$ | -49.5% |
| 1970 | 8.49 million BoP, current US$ | -14.8% |
| 1971 | 17.42 million BoP, current US$ | +105.2% |
| 1972 | 10.86 million BoP, current US$ | -37.7% |
| 1973 | 24.44 million BoP, current US$ | +125.0% |
| 1974 | 38.83 million BoP, current US$ | +58.9% |
| 1975 | 112.19 million BoP, current US$ | +188.9% |
| 1976 | 56.09 million BoP, current US$ | -50.0% |
| 1977 | 161.12 million BoP, current US$ | +187.3% |
| 1978 | 126.12 million BoP, current US$ | -21.7% |
| 1979 | 111.06 million BoP, current US$ | -11.9% |
| 1980 | 308.59 million BoP, current US$ | +177.9% |
| 1981 | 192.12 million BoP, current US$ | -37.7% |
| 1982 | 284.27 million BoP, current US$ | +48.0% |
| 1983 | 104.77 million BoP, current US$ | -63.1% |
| 1984 | 110.45 million BoP, current US$ | +5.4% |
| 1985 | 113.24 million BoP, current US$ | +2.5% |
| 1986 | 256.10 million BoP, current US$ | +126.2% |
| 1987 | 293.79 million BoP, current US$ | +14.7% |
| 1988 | 276.14 million BoP, current US$ | -6.0% |
| 1989 | 256.96 million BoP, current US$ | -6.9% |
| 1990 | 346.70 million BoP, current US$ | +34.9% |
| 1991 | 142.79 million BoP, current US$ | -58.8% |
| 1992 | 606.38 million BoP, current US$ | +324.7% |
| 1993 | 810.09 million BoP, current US$ | +33.6% |
| 1994 | 493.03 million BoP, current US$ | -39.1% |
| 1995 | 149.34 million BoP, current US$ | -69.7% |
| 1996 | 60.64 million BoP, current US$ | -59.4% |
| 1997 | 67.12 million BoP, current US$ | +10.7% |
| 1998 | 69.20 million BoP, current US$ | +3.1% |
| 1999 | 93.90 million BoP, current US$ | +35.7% |
| 2000 | 87.62 million BoP, current US$ | -6.7% |
| 2001 | 121.20 million BoP, current US$ | +38.3% |
| 2002 | 139.80 million BoP, current US$ | +15.3% |
| 2003 | 157.39 million BoP, current US$ | +12.6% |
| 2004 | 193.38 million BoP, current US$ | +22.9% |
| 2005 | 232.39 million BoP, current US$ | +20.2% |
| 2006 | 379.43 million BoP, current US$ | +63.3% |
| 2007 | 387.29 million BoP, current US$ | +2.1% |
| 2008 | 755.61 million BoP, current US$ | +95.1% |
| 2009 | 649.62 million BoP, current US$ | -14.0% |
| 2010 | 474.74 million BoP, current US$ | -26.9% |
| 2011 | 1.07 billion BoP, current US$ | +124.4% |
| 2012 | 964.93 million BoP, current US$ | -9.4% |
| 2013 | 1.02 billion BoP, current US$ | +6.2% |
| 2014 | 1.06 billion BoP, current US$ | +3.1% |
| 2015 | 900.28 million BoP, current US$ | -14.8% |
| 2016 | 1.11 billion BoP, current US$ | +23.3% |
| 2017 | 1.69 billion BoP, current US$ | +52.2% |
| 2018 | 1.52 billion BoP, current US$ | -10.3% |
| 2019 | 1.66 billion BoP, current US$ | +9.3% |
| 2020 | 2.64 billion BoP, current US$ | +59.3% |
| 2021 | 2.45 billion BoP, current US$ | -7.0% |
| 2022 | 1.87 billion BoP, current US$ | -23.9% |
| 2023 | 2.30 billion BoP, current US$ | +23.0% |
Somalia compared with similar countries
- Somalia's 2.30 billion BoP, current US$ is above the median for low income countries, which is 1.12 billion BoP, current US$, 2.0× the median. (25 countries reporting)
- Somalia's 2.30 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 635.51 million BoP, current US$, 3.6× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Grants, excluding technical cooperation in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +1052.6% | 1.71 million BoP, current US$ | 19.71 million BoP, current US$ |
| 1992 | +324.7% | 142.79 million BoP, current US$ | 606.38 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 765.00 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.08 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0639 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3355 % change on previous year (1989)
- Total reserves (includes gold, current US$), per unit of GDP 0.0196 includes gold, current US$ per US$ of GDP (1989)
- Total reserves (includes gold, current US$), per capita 3.25 includes gold, current US$ per person (1989)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is grants, excluding technical cooperation in Somalia?
- Grants, excluding technical cooperation in Somalia was 2.30 billion BoP, current US$ 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 181 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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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.