Official Development Assistance (ODA) is a category of development aid.

The OECD's Development Assistance Committee (DAC) defines ODA as:

flows to developing countries and multilateral institutions provided by official agencies, including state and local governments, or by their executive agencies, each transaction of which meets the following test:

• it is administered with the promotion of the economic development and welfare of developing countries as its main objective, and
• it is concessional in character and contains a grant element of at least 25% (calculated at a rate of discount of 10%).

According to the Final ODA Data for 2004 report from the OECD:

• A combined total of $78.568 billion USD, with subsets as follows:
  • The G7 countries donated $56.686 billion USD
  • The European Union countries combined donated $42.919 billion USD
  • The United States donated $18.999 billion USD, the smallest contribution as a percentage of GNI, at 0.16%
  • Norway donated $2.200 billion USD, but were the largest contributors as a percentage of GNI at 0.87%
    • It should be noted the US federal government's budget is ~20% of its GNI, whereas Norway's is ~60%.

External links

• History of ODA (pdf)
• OECD: Final ODA Data for 2004

Development

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