Low & middle income | 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
Low & middle income
Records
63
Source
Low & middle income | Grants, excluding technical cooperation (BoP, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 2015130000
1971 2360340000
1972 2991710000
1973 4002770000
1974 6162040000
1975 7245200000
1976 6492430000
1977 6735620000
1978 9323670000
1979 11219240000
1980 13340830000
1981 11873770000
1982 11051620000
1983 10279160000
1984 12453380000
1985 13518690000
1986 15700190000
1987 16928940000
1988 18122140000
1989 19323410000
1990 28996450000
1991 32271520000
1992 27367400000
1993 24715760000
1994 28655810000
1995 27625380000
1996 25099190000
1997 24213110000
1998 25590430000
1999 27917900000
2000 27690090000
2001 27762680000
2002 32902720000
2003 43559780000
2004 50784860000
2005 56934280000
2006 110575040000
2007 72631170000
2008 85279440000
2009 84777520000
2010 92045950000
2011 99398330000
2012 91601230000
2013 108658350000
2014 115206810000
2015 101118540000
2016 111339100000
2017 116901930000
2018 121578370000
2019 117193860000
2020 125689740000
2021 138997990000
2022

Low & middle income | 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
Low & middle income
Records
63
Source