Development Aid – UAE Giving More than USA?

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!

CCLt85yWAAIZDdT.jpg-large

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

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s