Net official development assistance received in Georgia
Georgia: Net official development assistance received was 588.94 million current US$ in 2018. ◆ Volatile
Net official development assistance received in Georgia, 1991–2018
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$.
Analysis
Georgia recorded 588.94 million current US$ for net official development assistance received in 2018.
That represents a change of up 31.8% on the previous year and down 28.0% over ten years.
Over the whole period, net official development assistance received in Georgia peaked at 818.11 million current US$ in 2008 and was at its lowest, 210,000 current US$, in 1991.
That places Georgia 55th out of 167 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 168.74 million current US$ | 210,000 current US$ | 309.37 million current US$ | 9 |
| 2000s | 397.08 million current US$ | 171.95 million current US$ | 818.11 million current US$ | 10 |
| 2010s | 550.06 million current US$ | 446.73 million current US$ | 659.19 million current US$ | 9 |
Countries ranked near Georgia
More external debt data for Georgia
- IFC, private nonguaranteed 120.89 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 2.6% (2024)
- Net financial flows, IDA -104.43 million NFL, current US$ (2024)
- Net financial flows, IBRD 153.07 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.5% (2024)
- Use of IMF credit 977.93 million DOD, current US$ (2024)
- External debt stocks, public and publicly guaranteed (PPG) 9.98 billion DOD, current US$ (2024)
- IBRD loans and IDA credits 2.12 billion DOD, current US$ (2024)
- Net financial flows, bilateral -34.83 million NFL, current US$ (2024)
- Net financial flows, multilateral 132.50 million NFL, current US$ (2024)
Frequently asked questions
- What is net official development assistance received in Georgia?
- Net official development assistance received in Georgia was 588.94 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 Georgia?
- The highest recorded value was 818.11 million current US$ in 2008.
- What is the lowest net official development assistance received recorded in Georgia?
- The lowest recorded value was 210,000 current US$ in 1991.
- How does Georgia rank for net official development assistance received?
- Georgia ranks 55th out of 167 countries with data for 2018.
- Is net official development assistance received rising or falling in Georgia?
- Over the last ten years it is down 28.0%. The long-run trend across the full record is volatile.
- Where does this Georgia 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.