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Net ODA Received in Ghana (1990-2022): Yearly Data Overview

Net ODA Received in Ghana (1990-2022): Yearly Data Overview

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TGM StatBox. (2024). Net ODA Received in Ghana (1990-2022): Yearly Data Overview. TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: Ghana
Published date: 2024
Note: Net Official Development Assistance (Net ODA) received refers to the total official aid provided to a country by other governments and international organizations. It includes grants, loans, or technical assistance aimed at promoting economic development and welfare.
Key Takeaways
Ghana’s Net ODA (% of GNI) fluctuated significantly, peaking at 16.3% in 2004, coinciding with debt relief initiatives under the Heavily Indebted Poor Countries (HIPC) program. Subsequent declines reflect Ghana's graduation from aid dependency as its economy grew, bolstered by oil discoveries and investments.

By 2022, Net ODA had dropped to 1.4%, highlighting Ghana's transition to financing its development domestically while still benefiting from targeted international support for specific sectors like health and education.

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