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Eritrea: Net ODA received (% of GNI)

In , Eritrea's Net ODA received (% of GNI) was 6.53.

That's down 34.1% from 2010, the highest value since .

The global average for this indicator in 2011 was 5.66 .

Source: World Bank Open Data (DT.ODA.ODAT.GN.ZS) • Data as of 2011

Trend (2004–2011)

Eritrea Net ODA received (% of GNI) trend 2008: Global financial crisis
  • 2008 · Global financial crisis

Highlights

Peak
32.12
Trough
6.53
1-year change
-34.1%
5-year change
-37.7%
-9.0% / yr

Historical Data — Last 10 Years

Year Net ODA received (% of GNI)
6.5349
9.9173
7.7491
10.6266
12.0945
10.4943
32.1159
24.0935

About Net ODA received (% of GNI)

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).

Indicator code: DT.ODA.ODAT.GN.ZSCategory: Trade & Finance

Frequently asked questions

What was Eritrea's Net ODA received (% of GNI) in 2011?
In 2011, Eritrea's Net ODA received (% of GNI) was 6.53, according to World Bank Open Data.
Is Eritrea's Net ODA received (% of GNI) rising or falling?
Eritrea's Net ODA received (% of GNI) fell 34.1% from 2010 to 2011.
How does Eritrea's Net ODA received (% of GNI) compare to the world average?
The global average for Net ODA received (% of GNI) in 2011 was 5.66, so Eritrea is above the world average.
What is Net ODA received (% of GNI) and how is it measured?
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).
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Source: World Bank Open Data (DT.ODA.ODAT.GN.ZS), CC BY 4.0.