Net official development assistance received (current US$) (official) in Palestine
Palestine: Net official development assistance received (current US$) (official) was 2.24 billion current US$ in 2018. ◆ Volatile
Net official development assistance received in Palestine, 1993–2018
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$.
Analysis
Palestine recorded 2.24 billion current US$ for net official development assistance received in 2018.
The figure is up 4.3% on the previous year and down 9.3% over ten years.
Over the whole period, net official development assistance received in Palestine peaked at 2.83 billion current US$ in 2009 and was at its lowest, 178.74 million current US$, in 1993.
Palestine ranks 13th of 170 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received (current US$) (official) in Palestine, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | 178.74 million current US$ | — |
| 1994 | 471.98 million current US$ | +164.1% |
| 1995 | 514.11 million current US$ | +8.9% |
| 1996 | 552.41 million current US$ | +7.4% |
| 1997 | 613.03 million current US$ | +11.0% |
| 1998 | 612.57 million current US$ | -0.1% |
| 1999 | 580.55 million current US$ | -5.2% |
| 2000 | 684.50 million current US$ | +17.9% |
| 2001 | 997.59 million current US$ | +45.7% |
| 2002 | 971.61 million current US$ | -2.6% |
| 2003 | 1.04 billion current US$ | +7.2% |
| 2004 | 1.16 billion current US$ | +11.4% |
| 2005 | 1.02 billion current US$ | -12.5% |
| 2006 | 1.36 billion current US$ | +33.9% |
| 2007 | 1.72 billion current US$ | +26.2% |
| 2008 | 2.47 billion current US$ | +43.9% |
| 2009 | 2.83 billion current US$ | +14.5% |
| 2010 | 2.51 billion current US$ | -11.1% |
| 2011 | 2.43 billion current US$ | -3.1% |
| 2012 | 2.01 billion current US$ | -17.6% |
| 2013 | 2.60 billion current US$ | +29.7% |
| 2014 | 2.49 billion current US$ | -4.4% |
| 2015 | 1.87 billion current US$ | -24.7% |
| 2016 | 2.40 billion current US$ | +28.3% |
| 2017 | 2.15 billion current US$ | -10.6% |
| 2018 | 2.24 billion current US$ | +4.3% |
Palestine compared with similar countries
- Palestine's 2.24 billion current US$ is above the median for lower middle income countries, which is 659.93 million current US$, 3.4× the median. (47 countries reporting)
- Palestine's 2.24 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 805.27 million current US$, 2.8× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received (current US$) (official) in Palestine 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 |
|---|---|---|---|
| 1994 | +164.1% | 178.74 million current US$ | 471.98 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 503.34 million current US$ | 178.74 million current US$ | 613.03 million current US$ | 7 |
| 2000s | 1.42 billion current US$ | 684.50 million current US$ | 2.83 billion current US$ | 10 |
| 2010s | 2.30 billion current US$ | 1.87 billion current US$ | 2.60 billion current US$ | 9 |
Countries ranked near Palestine
More external debt data for Palestine
- Net official flows from UN agencies, CERF 18.70 million current US$ (2023)
Frequently asked questions
- What is net official development assistance received in Palestine?
- Net official development assistance received in Palestine was 2.24 billion 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 Palestine?
- The highest recorded value was 2.83 billion current US$ in 2009.
- What is the lowest net official development assistance received recorded in Palestine?
- The lowest recorded value was 178.74 million current US$ in 1993.
- How does Palestine rank for net official development assistance received?
- Palestine ranks 13th out of 170 countries with data for 2018.
- Is net official development assistance received rising or falling in Palestine?
- Over the last ten years it is down 9.3%. The long-run trend across the full record is volatile.
- Where does this Palestine 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.