Net official development assistance received in Eritrea
Eritrea: Net official development assistance received was 83.72 million current US$ in 2018. ◆ Volatile
Net official development assistance received in Eritrea, 1990–2018
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 current US$.
Analysis
The most recent figure for net official development assistance received in Eritrea is 83.72 million current US$, measured in 2018.
The figure is up 5.8% on the previous year and down 42.4% over ten years.
Over the whole period, net official development assistance received in Eritrea peaked at 349.74 million current US$ in 2005 and was at its lowest, 1.00 million current US$, in 1992.
That places Eritrea 118th out of 170 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Eritrea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 4.50 million current US$ | — |
| 1992 | 1.00 million current US$ | -77.8% |
| 1993 | 67.71 million current US$ | +6671.0% |
| 1994 | 154.15 million current US$ | +127.7% |
| 1995 | 148.29 million current US$ | -3.8% |
| 1996 | 157.49 million current US$ | +6.2% |
| 1997 | 123.51 million current US$ | -21.6% |
| 1998 | 168.81 million current US$ | +36.7% |
| 1999 | 149.87 million current US$ | -11.2% |
| 2000 | 178.02 million current US$ | +18.8% |
| 2001 | 284.70 million current US$ | +59.9% |
| 2002 | 226.67 million current US$ | -20.4% |
| 2003 | 316.96 million current US$ | +39.8% |
| 2004 | 263.52 million current US$ | -16.9% |
| 2005 | 349.74 million current US$ | +32.7% |
| 2006 | 126.19 million current US$ | -63.9% |
| 2007 | 158.53 million current US$ | +25.6% |
| 2008 | 145.42 million current US$ | -8.3% |
| 2009 | 142.62 million current US$ | -1.9% |
| 2010 | 162.31 million current US$ | +13.8% |
| 2011 | 133.41 million current US$ | -17.8% |
| 2012 | 135.97 million current US$ | +1.9% |
| 2013 | 81.31 million current US$ | -40.2% |
| 2014 | 84.19 million current US$ | +3.5% |
| 2015 | 93.92 million current US$ | +11.6% |
| 2016 | 66.82 million current US$ | -28.9% |
| 2017 | 79.13 million current US$ | +18.4% |
| 2018 | 83.72 million current US$ | +5.8% |
Eritrea compared with similar countries
- Eritrea's 83.72 million current US$ is below the median for low income countries, which is 1.12 billion current US$, 7% of the median. (25 countries reporting)
- Eritrea's 83.72 million current US$ is below the median for Sub-Saharan Africa, which is 673.12 million current US$, 12% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Eritrea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +6671.0% | 1.00 million current US$ | 67.71 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 108.37 million current US$ | 1.00 million current US$ | 168.81 million current US$ | 9 |
| 2000s | 219.24 million current US$ | 126.19 million current US$ | 349.74 million current US$ | 10 |
| 2010s | 102.31 million current US$ | 66.82 million current US$ | 162.31 million current US$ | 9 |
Countries ranked near Eritrea
- 115 Dominican Republic 86.57 million current US$ compare
- 116 Palau 84.37 million current US$ compare
- 117 Azerbaijan 83.97 million current US$ compare
- 119 Cape Verde 83.19 million current US$ compare
- 120 Botswana 82.48 million current US$ compare
- 121 Kazakhstan 75.63 million current US$ compare
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 official development assistance received in Eritrea?
- Net official development assistance received in Eritrea was 83.72 million current US$ in 2018, 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 official development assistance received recorded in Eritrea?
- The highest recorded value was 349.74 million current US$ in 2005.
- What is the lowest net official development assistance received recorded in Eritrea?
- The lowest recorded value was 1.00 million current US$ in 1992.
- How does Eritrea rank for net official development assistance received?
- Eritrea ranks 118th out of 170 countries with data for 2018.
- Is net official development assistance received rising or falling in Eritrea?
- Over the last ten years it is down 42.4%. 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 official development assistance received (current US$). 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). Data are in current U.S. dollars.