IFAD vs Somalia: Foreign aid received as grants and concessional loans
IFAD
238.77 million constant 2024 US$
in 2024
Somalia
2.66 billion constant 2024 US$
in 2024
IFAD rank
7th
Somalia rank
10th
Foreign aid received as grants and concessional loans over time
- IFAD
- Somalia
How they compare
Somalia currently reports 2.66 billion constant 2024 US$ against 238.77 million constant 2024 US$ in IFAD, a difference of 2.42 billion constant 2024 US$.
That makes Somalia's figure about 11.2 times IFAD's.
The two have swapped places 2 times across 49 shared years of data; in 1976 it was Somalia ahead.
IFAD ranks 7th and Somalia ranks 10th of 7 groups.
Somalia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | IFAD | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 360.29 million constant 2024 US$ | 473.91 million constant 2024 US$ | 113.62 million constant 2024 US$ | Somalia |
| 1980s | 298.60 million constant 2024 US$ | 831.94 million constant 2024 US$ | 533.34 million constant 2024 US$ | Somalia |
| 1990s | 115.96 million constant 2024 US$ | 568.94 million constant 2024 US$ | 452.98 million constant 2024 US$ | Somalia |
| 2000s | 81.21 million constant 2024 US$ | 415.19 million constant 2024 US$ | 333.98 million constant 2024 US$ | Somalia |
| 2010s | 120.59 million constant 2024 US$ | 1.39 billion constant 2024 US$ | 1.27 billion constant 2024 US$ | Somalia |
| 2020s | 157.66 million constant 2024 US$ | 2.61 billion constant 2024 US$ | 2.46 billion constant 2024 US$ | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign aid received as grants and concessional loans, IFAD or Somalia?
- Somalia, at 2.66 billion constant 2024 US$ against 238.77 million constant 2024 US$ in IFAD as of 2024.
- What is the difference in foreign aid received as grants and concessional loans between IFAD and Somalia?
- 2.42 billion constant 2024 US$, with Somalia ahead.
- How many years of comparable data are there for IFAD and Somalia?
- 49 years are reported by both, from 1976 to 2024.
- How do IFAD and Somalia rank globally for foreign aid received as grants and concessional loans?
- IFAD ranks 7th and Somalia ranks 10th of 7 groups.
- Where does this data come from?
- OECD (2026) – with major processing by Our World in Data, published as Foreign aid received as grants and concessional loans. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Official development assistance component that represents grants. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.