ODA from Major Economies Stable at $135 Billion

oda figures 2014
April 8, 2015 – Aid from the 29 members of the OECD’s Development Assistant Committee totaled $135 billion in 2014, on par with the previous year which set a record for overseas development assistance.

The members of DAC, which consist of most EU countries as well as Australia, Canada, Japan, South Korea, Switzerland and the United States, gave the bulk of the assistance to sub-Saharan African countries ($39 billion) followed by South and Central Asia ($23 billion), and Far and East Asia ($12 billion).

Aid to the Middle East, where the conflict in Syria has left 12 million people in need, totaled $11.7 billion in 2014.

The top DAC donors last year were the United States, $32 billion, United Kingdom, $19 billion, Germany, $16 billion, France, $10 billion, and Japan, $9 billion.

Five of the countries exceeded the 0.7 percent of GDP UN target for ODA: Sweden, 1.1 percent; Luxembourg, 1.07 percent; Norway, 0.99 percent, Denmark, 0.85 percent and the UK, 0.71 percent. (see charts)

G7 countries contributed a total of 0.27 percent of their GDP with Japan and the United States both contributing 0.19 percent of their GDP to ODA. Non-G7 countries contributed 0.37 percent of their GDP to ODA.

The OECD report showed that aid to the world’s least developed countries dropped 16 percent¬†this year to $25 billion.

– Denis Fitzgerald
On Twitter @denisfitz