Net ODA received in Eritrea
Eritrea: Net ODA received was 6.3% in 2011. ◆ Volatile
Net ODA received in Eritrea, 1992–2011
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in % of GDP.
Analysis
Eritrea recorded 6.3% for net oda received in 2011.
That represents a change of down 17.5% on the previous year and down 84.8% over ten years.
Over the whole period, net oda received in Eritrea peaked at 41.3% in 2001 and was at its lowest, 0.2%, in 1992.
That places Eritrea 29th out of 53 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received in Eritrea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 0.2% | — |
| 1993 | 14.5% | +6804.5% |
| 1994 | 29.0% | +100.3% |
| 1995 | 25.7% | -11.5% |
| 1996 | 22.7% | -11.5% |
| 1997 | 18.0% | -20.9% |
| 1998 | 22.4% | +24.9% |
| 1999 | 21.6% | -3.8% |
| 2000 | 27.9% | +29.5% |
| 2001 | 41.3% | +47.7% |
| 2002 | 33.4% | -19.0% |
| 2003 | 36.4% | +9.0% |
| 2004 | 23.9% | -34.4% |
| 2005 | 31.8% | +33.1% |
| 2006 | 10.4% | -67.3% |
| 2007 | 12.0% | +15.7% |
| 2008 | 10.4% | -13.5% |
| 2009 | 7.7% | -25.6% |
| 2010 | 7.6% | -2.0% |
| 2011 | 6.3% | -17.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.3% | 0.2% | 29.0% | 8 |
| 2000s | 23.5% | 7.7% | 41.3% | 10 |
| 2010s | 6.9% | 6.3% | 7.6% | 2 |
Countries ranked near Eritrea
More external debt data for Eritrea
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2011)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.1% (2011)
- Net financial flows, IDA 0 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.006 NFL, current US$ per US$ of GDP (2011)
- Public and publicly guaranteed debt service 2.8% (2000)
- Net financial flows, IDA (NFL, current US$), per square kilometre 0 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is net oda received in Eritrea?
- Net oda received in Eritrea was 6.3% in 2011, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest net oda received recorded in Eritrea?
- The highest recorded value was 41.3% in 2001.
- What is the lowest net oda received recorded in Eritrea?
- The lowest recorded value was 0.2% in 1992.
- How does Eritrea rank for net oda received?
- Eritrea ranks 29th out of 53 countries with data for 2011.
- Is net oda received rising or falling in Eritrea?
- Over the last ten years it is down 84.8%. The long-run trend across the full record is volatile.
- Where does this Eritrea data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Net ODA received (% of GDP). 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).