🇸🇴 Somalia, Fed. Rep. Net official development assistance received

Somalia, Fed. Rep. Net official development assistance received was $2.28B in 2023, up 12.1% from 2022, according to World Bank data. The 10-year average is $1.97B. Historical data available from 1960 to 2023 (64 data points). The all-time high was $3.34B in 2020.

Source: World Bank World Development Indicators • 1960202364 data pointsAid Effectiveness

Latest Value
$2.28B
2023
Year-on-Year
+12.1%
vs 2022
10-Year Average
$1.97B
20142023
Range
High: $3.34B (2020)
Low: $107.04M (1967)

Somalia, Fed. Rep. Net official development assistance received (constant 2023 US$)1960 to 2023

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About this Indicator

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 constant 2023 U.S. dollars.

Historical Data Table

YearValue
2023$2.28B
2022$2.03B
2021$2.48B
2020$3.34B
2019$1.95B
2018$1.75B
2017$2.03B
2016$1.37B
2015$1.36B
2014$1.12B

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