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Launch of ODA Figures 2017

10 April2018
Launch of ODA Figures 2017

The Organisation for Economic Co-operation and Development (OECD) published its analysis of global aid trends in Official development assistance (ODA) in 2017.
According to OECD Secretary-General Mr. Angel Gurría, some progress has been achieved.
In 2017, net ODA [by Members of the OECD Development Assistance Committee (DAC)] stood at USD 146.6 billion or 0.31% of gross national income (GNI). While this aggregate figure reflects a slight drop of 0.6% compared to 2016, this is a result of the reduced intensity of the refugee crisis. Donors’ spending on refugees inside their own borders – some of which is reported as ODA – declined this year. Stripping out the in-country refugee costs all other ODA expenditures to developing countries increased by 1.1% from 2016 in real terms.
The good news is also that the 2017 data shows an increase in bilateral aid to the least developed countries (LDCs), thanks to Japan and Sweden, for example, reversing the declining trend in recent years. Bilateral aid to Africa also increased. Yet ODA to middle-income countries (MICs) has increased faster than to LDCs. ODA to LDCs represented about 45% of total country allocable ODA from DAC donors.
Most ODA is in the form of grants, yet the volume of loans to developing countries rose 13% in real terms compared to 2016. For some donors concessional loans accounted for over a quarter of bilateral ODA.
Overall, ODA has remained politically resilient, steadily increasing since the turn of the century, and doubling since 2000, despite the tightening of donor country budgets.
The “new” or “emerging” donors are also playing a growing role. This includes several Arab countries, the BRICS, some central European countries, as well as Latin American and Asian countries, notably China. Development co-operation by countries beyond the DAC membership amounted to around USD 25 billion (in gross terms) in 2015 . And we would be remiss to forget the role of private philanthropy. A recent OECD publication showed that foundations provided USD 24 billion for development between 2013 and 2015.
From the point of view of Mr. Angel Gurría, “We need to invest aid more strategically, so that it can help those most in need; catalyse additional financing both domestically and internationally; and help countries deal with shocks, such as those inflicted by climate change”.
Measuring and understanding a broader range of financial flows and the impacts of policy on them will be critical to achieve the 2030 Agenda, and the OECD will continue to play a leading role in international efforts in this area.
Press-release at the OECD official web-site

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