Romania: Foreign aid
* indicates monthly or quarterly data series
Romania |
Foreign aid and official development assistance received |
---|---|
Latest value | 910.95 |
Year | 2004 |
Measure | million U.S. dollars |
Data availability | 1990 - 2004 |
Average | 376.49 |
Min - Max | 154.39 - 910.95 |
Source | World Bank |
The latest value from 2004 is 910.95 million U.S. dollars, an increase from 597.73 million U.S. dollars in 2003. In comparison, the world average is 389.15 million U.S. dollars, based on data from 167 countries. Historically, the average for Romania from 1990 to 2004 is 376.49 million U.S. dollars. The minimum value, 154.39 million U.S. dollars, was reached in 1994 while the maximum of 910.95 million U.S. dollars was recorded in 2004.
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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 current U.S. dollars.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 16.92 | 2023 | percent |
Government spending, in dollars | 59.39 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -6.60 | 2023 | percent |
Government debt | 48.80 | 2023 | percent |
Government expenditure | 81.20 | Q2/2024 | billion |
Long-term interest rate | 6.42 | 8/2024 | percent |
Tax revenue | 15.75 | 2022 | percent |
Commercial tax rate | 20.00 | 2019 | percent |
Tax preparation time | 163 | 2019 | hours |
Number of taxes | 14 | 2019 | taxes |
Taxes on goods and services | 44.09 | 2022 | percent |
Taxes on international trade | 0.05 | 2022 | percent |
Income and profits taxes | 26.03 | 2022 | percent |
Foreign aid | 910.95 | 2004 | million U.S. dollars |