Benin | Grants, excluding technical cooperation (BoP, current US$)

Grants are defined as legally binding commitments that obligate a specific value of funds available for disbursement for which there is no repayment requirement. Data are in current U.S. dollars. Development relevance: DAC exists to help its members coordinate their development assistance and to encourage the expansion and improve the effectiveness of the aggregate resources flowing to recipient economies. In this capacity DAC monitors the flow of all financial resources, but its main concern is official development assistance (ODA). Grants or loans to countries and territories on the DAC list of aid recipients have to meet three criteria to be counted as ODA. They are provided by official agencies, including state and local governments, or by their executive agencies. They promote economic development and welfare as the main objective. And they are provided on concessional financial terms (loans must have a grant element of at least 25 percent, calculated at a discount rate of 10 percent). The DAC Statistical Reporting Directives provide the most detailed explanation of this definition and all ODA-related rules. OECD's IDS database provides a set of readily available basic data that enables analysis on where aid goes, what purposes it serves and what policies it aims to implement, on a comparable basis for all DAC members. The aid data is most commonly used to analyze the sectoral and geographical breakdown of aid for selected years and donors or groups of donors. The data can also be used to target specific policy issues (e.g. tying status of aid) and monitor donors' compliance with various international recommendations in the field of development co-operation. Limitations and exceptions: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors (such as Saudi Arabia) are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy. Because the indicator relies on information from donors, it is not necessarily consistent with information recorded by recipients in the balance of payments, which often excludes all or some technical assistance - particularly payments to expatriates made directly by the donor. Similarly, grant commodity aid may not always be recorded in trade data or in the balance of payments. Moreover, DAC statistics exclude aid for military and antiterrorism purposes. The aggregates refer to World Bank classifications of economies and therefore may differ from those of the OECD. Statistical concept and methodology: Grants are transfers made in cash, goods or services for which no repayment is required. Data excludes technical cooperation grants. The flows of official and private financial resources from the members of the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to developing economies are compiled by DAC, based principally on reporting by DAC members using standard questionnaires issued by the DAC Secretariat. A network of statistical correspondents collects data from aid agencies and government departments (central, state and local) on an ongoing basis. Their task is also to ensure that reporting conforms to the Reporting Directives (definitions and classifications) agreed by the DAC. The official development assistance (ODA) estimates are published annually at the end of the calendar year in International Development Statistics (IDS) database. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of Benin
Records
63
Source
Benin | Grants, excluding technical cooperation (BoP, current US$)
1960 0
1961 1000000
1962 2040000
1963 1060000
1964 12660000
1965 14060000
1966 6810000
1967 9220000
1968 8010000
1969 6380000
1970 9230000
1971 9040000
1972 17320000
1973 7260000
1974 11710000
1975 19920000
1976 16980000
1977 13800000
1978 37020000
1979 36260000
1980 40980000
1981 35530000
1982 25970000
1983 23730000
1984 27320000
1985 26480000
1986 41270000
1987 58000000
1988 73180000
1989 115890000
1990 110060000
1991 134040000
1992 166510000
1993 134240000
1994 108380000
1995 149470000
1996 123320000
1997 126440000
1998 120010000
1999 99180000
2000 151610000
2001 151990000
2002 142770000
2003 204750000
2004 333370000
2005 223730000
2006 1359440000
2007 298950000
2008 411320000
2009 482880000
2010 457510000
2011 532840000
2012 353390000
2013 340320000
2014 350960000
2015 239580000
2016 293940000
2017 430170000
2018 341800000
2019 447320000
2020 616040000
2021 580990000
2022

Benin | Grants, excluding technical cooperation (BoP, current US$)

Grants are defined as legally binding commitments that obligate a specific value of funds available for disbursement for which there is no repayment requirement. Data are in current U.S. dollars. Development relevance: DAC exists to help its members coordinate their development assistance and to encourage the expansion and improve the effectiveness of the aggregate resources flowing to recipient economies. In this capacity DAC monitors the flow of all financial resources, but its main concern is official development assistance (ODA). Grants or loans to countries and territories on the DAC list of aid recipients have to meet three criteria to be counted as ODA. They are provided by official agencies, including state and local governments, or by their executive agencies. They promote economic development and welfare as the main objective. And they are provided on concessional financial terms (loans must have a grant element of at least 25 percent, calculated at a discount rate of 10 percent). The DAC Statistical Reporting Directives provide the most detailed explanation of this definition and all ODA-related rules. OECD's IDS database provides a set of readily available basic data that enables analysis on where aid goes, what purposes it serves and what policies it aims to implement, on a comparable basis for all DAC members. The aid data is most commonly used to analyze the sectoral and geographical breakdown of aid for selected years and donors or groups of donors. The data can also be used to target specific policy issues (e.g. tying status of aid) and monitor donors' compliance with various international recommendations in the field of development co-operation. Limitations and exceptions: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors (such as Saudi Arabia) are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy. Because the indicator relies on information from donors, it is not necessarily consistent with information recorded by recipients in the balance of payments, which often excludes all or some technical assistance - particularly payments to expatriates made directly by the donor. Similarly, grant commodity aid may not always be recorded in trade data or in the balance of payments. Moreover, DAC statistics exclude aid for military and antiterrorism purposes. The aggregates refer to World Bank classifications of economies and therefore may differ from those of the OECD. Statistical concept and methodology: Grants are transfers made in cash, goods or services for which no repayment is required. Data excludes technical cooperation grants. The flows of official and private financial resources from the members of the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to developing economies are compiled by DAC, based principally on reporting by DAC members using standard questionnaires issued by the DAC Secretariat. A network of statistical correspondents collects data from aid agencies and government departments (central, state and local) on an ongoing basis. Their task is also to ensure that reporting conforms to the Reporting Directives (definitions and classifications) agreed by the DAC. The official development assistance (ODA) estimates are published annually at the end of the calendar year in International Development Statistics (IDS) database. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of Benin
Records
63
Source