Technical cooperation grants (BoP, current US$), annual growth rate in Somalia
Somalia: Technical cooperation grants (BoP, current US$), annual growth rate was 16.3 % change on previous year in 2023. ◆ Volatile
Latest (2023)
16.3 % change on previous year
Change on year
down 66.1%
World rank
40th
of 181 countries
All-time high
548.26 % change on previous year
in 2015
All-time low
-78.73 % change on previous year
in 2016
Years of data
62
1962–2023
Technical cooperation grants (BoP, current US$), annual growth rate in Somalia, 1962–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Somalia recorded 16.3 % change on previous year for technical cooperation grants (bop, current us$), annual growth rate in 2023.
The figure is down 66.1% on the previous year and down 31.3% over ten years.
Over the whole period, technical cooperation grants (bop, current us$), annual growth rate in Somalia peaked at 548.26 % change on previous year in 2015 and was at its lowest, -78.73 % change on previous year, in 2016.
Somalia ranks 40th of 181 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Technical cooperation grants (BoP, current US$), annual growth rate in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | -33.33 % change on previous year | — |
| 1963 | 79.31 % change on previous year | -337.9% |
| 1964 | 37.18 % change on previous year | -53.1% |
| 1965 | -12.15 % change on previous year | -132.7% |
| 1966 | 135.11 % change on previous year | -1212.0% |
| 1967 | 29.07 % change on previous year | -78.5% |
| 1968 | -38.48 % change on previous year | -232.3% |
| 1969 | 66.81 % change on previous year | -273.6% |
| 1970 | -11.1 % change on previous year | -116.6% |
| 1971 | -2.4 % change on previous year | -78.4% |
| 1972 | -5.81 % change on previous year | +141.8% |
| 1973 | 22.68 % change on previous year | -490.5% |
| 1974 | 3.66 % change on previous year | -83.8% |
| 1975 | 34.18 % change on previous year | +833.3% |
| 1976 | -9.49 % change on previous year | -127.8% |
| 1977 | 21.52 % change on previous year | -326.7% |
| 1978 | 11.69 % change on previous year | -45.7% |
| 1979 | 50.75 % change on previous year | +334.0% |
| 1980 | 201.92 % change on previous year | +297.9% |
| 1981 | 10.04 % change on previous year | -95.0% |
| 1982 | -11.43 % change on previous year | -213.8% |
| 1983 | 25.12 % change on previous year | -319.8% |
| 1984 | -5.89 % change on previous year | -123.5% |
| 1985 | 23.07 % change on previous year | -491.5% |
| 1986 | 21.91 % change on previous year | -5.0% |
| 1987 | -8.04 % change on previous year | -136.7% |
| 1988 | -18.74 % change on previous year | +133.1% |
| 1989 | -0.9109 % change on previous year | -95.1% |
| 1990 | -21.29 % change on previous year | +2237.2% |
| 1991 | -55.93 % change on previous year | +162.7% |
| 1992 | 27.19 % change on previous year | -148.6% |
| 1993 | 59.97 % change on previous year | +120.5% |
| 1994 | -46.84 % change on previous year | -178.1% |
| 1995 | -3.87 % change on previous year | -91.7% |
| 1996 | -21.29 % change on previous year | +450.3% |
| 1997 | -20.15 % change on previous year | -5.4% |
| 1998 | -39.07 % change on previous year | +93.9% |
| 1999 | 50.06 % change on previous year | -228.1% |
| 2000 | -32.57 % change on previous year | -165.1% |
| 2001 | 82.3 % change on previous year | -352.7% |
| 2002 | -51.15 % change on previous year | -162.1% |
| 2003 | 38.58 % change on previous year | -175.4% |
| 2004 | -49.8 % change on previous year | -229.1% |
| 2005 | -11.9 % change on previous year | -76.1% |
| 2006 | 99.21 % change on previous year | -933.4% |
| 2007 | -57.72 % change on previous year | -158.2% |
| 2008 | 46.39 % change on previous year | -180.4% |
| 2009 | 23.01 % change on previous year | -50.4% |
| 2010 | 122.57 % change on previous year | +432.6% |
| 2011 | 17.14 % change on previous year | -86.0% |
| 2012 | -21.47 % change on previous year | -225.2% |
| 2013 | 23.71 % change on previous year | -210.4% |
| 2014 | 65.22 % change on previous year | +175.1% |
| 2015 | 548.26 % change on previous year | +740.6% |
| 2016 | -78.73 % change on previous year | -114.4% |
| 2017 | -3.07 % change on previous year | -96.1% |
| 2018 | -16.95 % change on previous year | +451.3% |
| 2019 | 19.73 % change on previous year | -216.4% |
| 2020 | 23.39 % change on previous year | +18.6% |
| 2021 | -7.61 % change on previous year | -132.5% |
| 2022 | 48.05 % change on previous year | -731.5% |
| 2023 | 16.3 % change on previous year | -66.1% |
Somalia compared with similar countries
- Somalia's 16.3 % change on previous year is above the median for low income countries, which is 3.7 % change on previous year, 4.4× the median. (25 countries reporting)
- Somalia's 16.3 % change on previous year is above the median for Sub-Saharan Africa, which is 4.87 % change on previous year, 3.3× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Technical cooperation grants (BoP, current US$), annual growth rate in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | -2237.2% | -0.9109 % change on previous year | -21.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 32.94 % change on previous year | -38.48 % change on previous year | 135.11 % change on previous year | 8 |
| 1970s | 11.57 % change on previous year | -11.1 % change on previous year | 50.75 % change on previous year | 10 |
| 1980s | 23.7 % change on previous year | -18.74 % change on previous year | 201.92 % change on previous year | 10 |
| 1990s | -7.12 % change on previous year | -55.93 % change on previous year | 59.97 % change on previous year | 10 |
| 2000s | 8.64 % change on previous year | -57.72 % change on previous year | 99.21 % change on previous year | 10 |
| 2010s | 67.64 % change on previous year | -78.73 % change on previous year | 548.26 % change on previous year | 10 |
| 2020s | 20.03 % change on previous year | -7.61 % change on previous year | 48.05 % change on previous year | 4 |
Countries ranked near Somalia
- 37 Sudan 18.79 % change on previous year compare
- 38 Mauritania 18.59 % change on previous year compare
- 39 Venezuela 16.78 % change on previous year compare
- 41 Saint Vincent and the Grenadines 16.17 % change on previous year compare
- 42 Pakistan 15.48 % change on previous year compare
- 43 Algeria 15.34 % change on previous year compare
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is technical cooperation grants (bop, current us$), annual growth rate in Somalia?
- Technical cooperation grants (bop, current us$), annual growth rate in Somalia was 16.3 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest technical cooperation grants (bop, current us$), annual growth rate recorded in Somalia?
- The highest recorded value was 548.26 % change on previous year in 2015.
- What is the lowest technical cooperation grants (bop, current us$), annual growth rate recorded in Somalia?
- The lowest recorded value was -78.73 % change on previous year in 2016.
- How does Somalia rank for technical cooperation grants (bop, current us$), annual growth rate?
- Somalia ranks 40th out of 181 countries with data for 2023.
- Is technical cooperation grants (bop, current us$), annual growth rate rising or falling in Somalia?
- Over the last ten years it is down 31.3%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Technical cooperation grants (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Technical cooperation grants (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Technical cooperation grants DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Technical cooperation grants (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.