Papua New Guinea - Net official development assistance and official aid received (constant 2016 US$)

The latest value for Net official development assistance and official aid received (constant 2016 US$) in Papua New Guinea was 688,380,000 as of 2019. Over the past 59 years, the value for this indicator has fluctuated between 1,215,900,000 in 1972 and 70,000 in 1963.

Definition: 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). Net official aid refers to aid flows (net of repayments) from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. Data are in constant 2016 U.S. dollars.

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, and International Development Statistics database. Data

See also:

Year Value
1960 80,000
1961 80,000
1963 70,000
1965 771,690,000
1966 774,110,000
1967 860,970,000
1968 932,610,000
1969 951,000,000
1970 1,132,840,000
1971 1,017,780,000
1972 1,215,900,000
1973 907,760,000
1974 1,029,740,000
1975 1,147,660,000
1976 846,200,000
1977 904,200,000
1978 933,830,000
1979 838,350,000
1980 841,270,000
1981 778,720,000
1982 762,990,000
1983 837,280,000
1984 788,000,000
1985 736,600,000
1986 707,620,000
1987 728,470,000
1988 703,440,000
1989 596,690,000
1990 646,410,000
1991 589,560,000
1992 704,630,000
1993 533,820,000
1994 525,200,000
1995 564,540,000
1996 548,170,000
1997 537,600,000
1998 658,890,000
1999 377,310,000
2000 508,510,000
2001 431,780,000
2002 421,350,000
2003 383,370,000
2004 383,210,000
2005 359,470,000
2006 356,330,000
2007 366,290,000
2008 337,480,000
2009 448,850,000
2010 478,280,000
2011 494,360,000
2012 553,590,000
2013 565,650,000
2014 522,300,000
2015 628,250,000
2016 561,050,000
2017 535,840,000
2018 790,330,000
2019 688,380,000

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Official development assistance