Net ODA received (% of central government expense)
Countries By Net ODA received (% of central government expense)
Key points
- Net ODA received (% of central government expense) is a measure of the financial assistance provided by official agencies, multilateral institutions, and countries to promote economic development in recipient countries.
- Madagascar and Malawi stand out with exceptionally high values of 84.34% and 74.92%, respectively, indicating heavy reliance on external aid in their central government expenses.
- In contrast, Malaysia has a negative value, signaling that their central government expense exceeds the net official development assistance received.
- The average value of 218302.65% is significantly skewed by outliers like Somalia's extraordinarily high value, indicating a wide variability in how countries rely on external assistance.
- Countries like Burkina Faso, Mali, and Uganda have values above 50%, showing a substantial portion of their central government expenses are covered by external development assistance.
Official Definition of Net ODA received (% of central government expense)
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).
Importance
The statistic of Net ODA received (% of central government expense) is crucial for a country as it indicates the level of financial assistance the country is receiving from official development organizations. A low value of this statistic suggests that the country is shouldering a larger financial burden of its development projects, which could strain its central government expenses and potentially limit its capacity for infrastructure development and social welfare programs. On the other hand, a high value of Net ODA received (% of central government expense) signifies a greater reliance on external aid for financing national projects. While this may alleviate immediate budgetary pressures, it could also lead to concerns about the country's sovereignty and the potential for aid dependency. Thus, maintaining a balance in this statistic is important for countries to ensure sustainable development and self-reliance.
Top 10 Countries by Net ODA received (% of central government expense)
Bottom 10 Countries by Net ODA received (% of central government expense)
Regions
Europe
Net ODA received as a percentage of central government expense varies significantly among the listed countries. Moldova stands out with the highest percentage at 13.89%, indicating a relatively higher dependency on foreign aid for development. Albania follows with 8.26%, while Bosnia and Herzegovina, Ukraine, Serbia, and Belarus have percentages ranging from 1.77% to 5.65%. Moldova's high reliance on ODA suggests potential vulnerabilities in its domestic revenue generation or economic stability, although it benefits from increased financial inflows. Countries with lower percentages may enjoy more financial independence but could miss out on valuable development assistance opportunities. Overall, this statistic highlights varying levels of external assistance among the countries, influencing their developmental trajectories and relationships with international aid organizations.
Far East: East Asia, SE Asia, Australia
Net ODA received as a percentage of central government expense varies significantly among the listed countries. Cambodia stands out with a high percentage indicating substantial external financial support for its development efforts, potentially boosting infrastructure, education, and healthcare. Mongolia and Papua New Guinea also receive a considerable amount of assistance, albeit to a lesser extent. Indonesia and the Philippines receive modest amounts, while Malaysia shows negative figures, possibly due to repayments exceeding disbursements. This statistic underscores the importance of international aid in fostering development but also highlights disparities in support levels and financial sustainability across these nations.
ASEAN
Net ODA received as a percentage of central government expenses varies significantly among the selected countries. Cambodia stands out with a notably high ratio of 30.50%, indicating a heavy reliance on foreign aid for its developmental projects. In contrast, Indonesia and the Philippines have much lower proportions at 0.69% and 2.06%, respectively, reflecting a lesser dependence on external assistance. Malaysia shows a negative value implying that it provides more aid than it receives. Thailand falls in between at 0.18%. While such aid can boost infrastructure and social programs, overreliance may hinder long-term sustainability and sovereignty, as seen in Cambodia; meanwhile, self-sufficiency and effective resource management, as demonstrated by Malaysia, may offer more balanced development paths.
Latin America
Countries like Honduras and Nicaragua receive the highest levels of net official development assistance (% of central government expense) among the listed countries, indicating a strong reliance on foreign aid for economic development. This high dependency on aid can provide advantages such as funding for infrastructure projects and social programs, but it also comes with potential disadvantages like reduced sovereignty and aid dependency. For countries with lower percentages like Argentina and Brazil, the impact may be less significant in terms of overall government expenses, potentially allowing for more self-reliance in their development initiatives. Ultimately, the distribution of aid reflects varying levels of economic development and strategic importance among these countries.
Middle East
The data on Net ODA received (% of central government expense) for the selected countries showcases varying degrees of reliance on foreign aid to support economic development and welfare. Among the countries listed, State of Palestine stands out with the highest percentage at 44.78%, indicating a significant dependency on external assistance. Jordan and Lebanon also receive substantial levels of ODA at 25.30% and 29.99% respectively, reflecting their ongoing development needs. In contrast, Turkey and Azerbaijan have relatively low percentages at 0.22% and 0.85% respectively, suggesting a lesser reliance on aid. While ODA can stimulate growth and address social challenges, the reliance on external assistance may pose risks such as aid dependency and potential conditionalities affecting sovereignty and policy flexibility.
Rivals
FAQs
- Which country has the most Net ODA received (% of central government expense)?
- Answer: The country with the highest Net ODA received (% of central government expense) is Somalia, with a value of 16588979.0382301.
- Which country has the least Net ODA received (% of central government expense)?
- Answer: The country with the lowest Net ODA received (% of central government expense) is Malaysia, with a value of -0.00832618068365785.
- What is the average Net ODA received (% of central government expense) among the listed countries?
- Answer: The average Net ODA received (% of central government expense) among the listed countries is 218302.64718002809.