The OECD has released the latest data on how donor countries fared in terms of giving development aid and there are some interested insights.
While the USA continued to be on top of the list with the most volume of aid – over U$ 30 bn – ranked 21st from over 30 of the top donor countries in terms of ODA (Official Development Assistance) as a percentage of GNI (Gross National Income). The USA’s ratio was 0.19.
The United Arab Emirates (UAE), on the other hand, has come out on top of the list with giving the highest ODA as a share of GNI. The UAE’s ratio was 1.17, exactly 9 times that of the USA!
Meanwhile, as has been the case for many years, very few DAC countries (Development Assistance Committee members – the richest donors) managed to reach (or exceed) the UN target of maintaining ODA at 0.7% of GNI – just 5 (Sweden, Norway, Luxembourg, Denmark, UK)
For a more detailed look, check out this report by the OECD and the interactive charts in it – http://www.oecd.org/newsroom/development-aid-stable-in-2014-but-flows-to-poorest-countries-still-falling.htm