Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • fx
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home»development

    EU development aid – highest-ever share of Gross National Income

    eub2By eub213 April 2016 development No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    — last modified 13 April 2016

    Preliminary figures show that collectively, the EU – EU institutions and Member States – have increased Official Development Assistance (ODA) to EUR 68 billion in 2015 (up 15% from EUR 59 billion in 2014) – growing for the third year in a row (and reaching its highest level to date). EU collective ODA represented 0.47% of EU Gross National Income (GNI) in 2015, an increase from 0.43% in 2014. This is significantly above the non-EU Development Assistance Committee (DAC) country average of 0.21% ODA/GNI.


    Advertisement


    What do the figures show?

    Preliminary figures show that EU collective ODA (EU institutions and Member States) has increased to €68 billion in 2015 (up 15% from 2014) – growing for the third year in a row and reaching its highest level to date. EU collective ODA represented 0.47% of EU Gross National Income (GNI) in 2015, an increase from 0.43% in 2014 (and reaching its highest level to date.) This is significantly above the non-EU DAC country average of 0.21% ODA/GNI.

    How are the numbers compiled? Who are they compiled by?

    The OECD Development Assistance Committee (DAC) is the ultimate authority that decides if expenditure reported to it (by member states or other donors) qualifies as Official Development Assistance (ODA).

    The DAC is currently composed of 29 members: Australia, Canada, Iceland, Japan, Korea, New Zealand, Norway, Switzerland, USA, 19 EU Member States and the EU. Two EU Member States (i.e. Estonia and Hungary) are non-DAC OECD members, while another seven (Bulgaria, Croatia, Cyprus, Latvia, Lithuania, Malta and Romania) are neither OECD nor DAC members.

    The Commission presents individual data on all EU Member States, including on those whose data are not available through DAC. Otherwise the data published by the OECD and by the Commission are identical. The EU uses the same current price figures as presented by DAC in the publication of preliminary figures for 2015, reconverted from USD to EUR using the DAC exchange rate.

    There are two differences in analysing the changes in ODA volumes:

    The Commission presents and analyses data in Euro values, while the DAC uses US Dollars. This exchange rate difference in evaluation applies for both global figures and individual Member States.

    The Commission uses values in nominal terms (current prices) for presenting changes. The DAC presents data both in constant prices and nominal terms, but calculates changes only in constant prices and exchange rates. Note that ODA to GNI ratios are not affected by the above differences.

    In addition to the EU28 ODA presented by the DAC, the Commission also presents the EU collective ODA, which is a sum of the ODA reported by the EU Member States and the additional ODA provided by the EU institutions. Most of the EU institutions’ ODA spending is, for the purposes of ODA/GNI reporting, imputed to EU Member States, i.e. Member States data include part of the institutions’ spending. The ODA provided through European Investment Bank (EIB) own resources is not imputed to Member States and is additional to the Member States’ ODA.

    Why is the data preliminary?

    The data presented is based on information that OECD and Commission have received from Member States in recent weeks. Additional information on the details of funds and programmes for 2015 will be reported to and checked by DAC over the course of 2016. Final 2015 ODA figures with a detailed breakdown should be published by OECD DAC in December 2016.

    Further information

    On the Eurobarometer:

    http://europa.eu/rapid/press-release_IP-16-428_en.htm

    OECD press release: http://www.oecd.org/newsroom/development-aid-rises-again-in-2015-spending-on-refugees-doubles.htm

    Add A Comment

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    eub2
    • Website

    eub2 is the default publisher for EUbusiness.

    Related Content

    New European Consensus on Development

    2016 Official EU Development Assistance

    Female Genital Mutilation/Cutting (FGM/C)

    EU development cooperation links with climate action

    EU-Afghanistan relations

    EU measures to support security and development in partner countries

    LATEST EU NEWS

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    EU artificial intelligence factories set for 2025

    13 November 2024
    BRIEFING

    Agenda

    This week, COP29 begins in Azerbaijan; finance ministers discuss the EU's annual budget for 2025; and MEPs hold a plenary session on EU-US relations, EU summits, deforestation and COP 29...

    EUbusiness Week

    This week competitiveness and environment ministers will hold informal meetings…

    Eurozone Economic Calendar

    Key economic calendar events for the week 11 to 16 November 2024

    The Week's Top Stories

    This week competitiveness and environment ministers will hold informal meetings…

    Advertisement

    Subscribe to EUbusiness Week

    Get the latest EU news

    Latest Posts

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Tems
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025
    Design and developed by : Dotsquares

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Lost password?

    Register Now!

    Already registered? Login.

    A password will be e-mailed to you.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok