Ecuador | 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 Ecuador
Records
63
Source
Ecuador | Grants, excluding technical cooperation (BoP, current US$)
1960 5020000
1961 9000000
1962 6080000
1963 9160000
1964 13080000
1965 14040000
1966 8840000
1967 4870000
1968 4250000
1969 2490000
1970 3180000
1971 3500000
1972 1800000
1973 3920000
1974 4660000
1975 2750000
1976 3270000
1977 4630000
1978 9740000
1979 12680000
1980 7430000
1981 8000000
1982 12030000
1983 20840000
1984 24310000
1985 23870000
1986 33950000
1987 37240000
1988 30700000
1989 40230000
1990 52820000
1991 47590000
1992 65300000
1993 34310000
1994 47970000
1995 72770000
1996 56650000
1997 52300000
1998 63870000
1999 54820000
2000 69010000
2001 80250000
2002 111980000
2003 88270000
2004 111890000
2005 185620000
2006 114810000
2007 168410000
2008 178520000
2009 176380000
2010 151760000
2011 163670000
2012 134060000
2013 118560000
2014 119770000
2015 94540000
2016 130490000
2017 115420000
2018 128280000
2019 158260000
2020 173510000
2021 189730000
2022

Ecuador | 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 Ecuador
Records
63
Source