Syrian Arab Republic - Grants, excluding technical cooperation (BoP, current US$)

The latest value for Grants, excluding technical cooperation (BoP, current US$) in Syrian Arab Republic was $4,793,060,000 as of 2015. Over the past 55 years, the value for this indicator has fluctuated between $4,793,060,000 in 2015 and ($2,340,000) in 1963.

Definition: Grants are defined as legally binding commitments that obligate a specific value of funds available for disbursement for which there is no repayment requirement. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics, and OECD.

See also:

Year Value
1960 $13,480,000
1961 $11,240,000
1962 $13,320,000
1963 ($2,340,000)
1964 ($440,000)
1965 ($750,000)
1966 ($650,000)
1967 ($150,000)
1968 $4,510,000
1969 $3,060,000
1970 $11,230,000
1971 $14,010,000
1972 $49,850,000
1973 $411,800,000
1974 $737,580,000
1975 $689,910,000
1976 $556,080,000
1977 $774,490,000
1978 $686,800,000
1979 $1,907,810,000
1980 $1,863,870,000
1981 $1,684,960,000
1982 $1,083,990,000
1983 $810,460,000
1984 $640,800,000
1985 $615,720,000
1986 $666,130,000
1987 $694,620,000
1988 $25,600,000
1989 $24,770,000
1990 $820,830,000
1991 $364,410,000
1992 $26,270,000
1993 $46,080,000
1994 $118,340,000
1995 $82,400,000
1996 $36,120,000
1997 $73,500,000
1998 $96,430,000
1999 $57,710,000
2000 $61,020,000
2001 $66,440,000
2002 $64,610,000
2003 $84,150,000
2004 $98,920,000
2005 $83,720,000
2006 $90,330,000
2007 $117,930,000
2008 $218,400,000
2009 $247,430,000
2010 $196,000,000
2011 $331,760,000
2012 $1,571,120,000
2013 $3,591,540,000
2014 $4,129,090,000
2015 $4,793,060,000

Development Relevance: DAC exists to help its members coordinate their development assistance and to encourage the expansion and improve the effectiveness of the aggregate resources flowing to recipient economies. In this capacity DAC monitors the flow of all financial resources, but its main concern is official development assistance (ODA). Grants or loans to countries and territories on the DAC list of aid recipients have to meet three criteria to be counted as ODA. They are provided by official agencies, including state and local governments, or by their executive agencies. They promote economic development and welfare as the main objective. And they are provided on concessional financial terms (loans must have a grant element of at least 25 percent, calculated at a discount rate of 10 percent). The DAC Statistical Reporting Directives provide the most detailed explanation of this definition and all ODA-related rules. OECD's IDS database provides a set of readily available basic data that enables analysis on where aid goes, what purposes it serves and what policies it aims to implement, on a comparable basis for all DAC members. The aid data is most commonly used to analyze the sectoral and geographical breakdown of aid for selected years and donors or groups of donors. The data can also be used to target specific policy issues (e.g. tying status of aid) and monitor donors' compliance with various international recommendations in the field of development co-operation.

Limitations and Exceptions: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors (such as Saudi Arabia) are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy. Because the indicator relies on information from donors, it is not necessarily consistent with information recorded by recipients in the balance of payments, which often excludes all or some technical assistance - particularly payments to expatriates made directly by the donor. Similarly, grant commodity aid may not always be recorded in trade data or in the balance of payments. Moreover, DAC statistics exclude aid for military and antiterrorism purposes. The aggregates refer to World Bank classifications of economies and therefore may differ from those of the OECD.

Statistical Concept and Methodology: Grants are transfers made in cash, goods or services for which no repayment is required. Data excludes technical cooperation grants. The flows of official and private financial resources from the members of the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to developing economies are compiled by DAC, based principally on reporting by DAC members using standard questionnaires issued by the DAC Secretariat. A network of statistical correspondents collects data from aid agencies and government departments (central, state and local) on an ongoing basis. Their task is also to ensure that reporting conforms to the Reporting Directives (definitions and classifications) agreed by the DAC. The official development assistance (ODA) estimates are published annually at the end of the calendar year in International Development Statistics (IDS) database. Data are in current U.S. dollars.

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments