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Daily Data InsightsOECD countries give a smaller share of their national income to foreign aid today than in 1960

OECD countries give a smaller share of their national income to foreign aid today than in 1960

A line graph titled "Foreign aid given as a share of national income, DAC Countries" illustrates the trend of official development assistance (ODA) as a percentage of gross national income from 1960 to 2023. The vertical axis represents the percentage of national income, ranging from 0% to 0.5%, while the horizontal axis indicates the years from 1960 to 2023. 

The graph shows a decline in foreign aid from approximately 0.49% in 1960, followed by fluctuations, hitting a low of about 0.21% around the year 2000. After this low point, there is a gradual increase, reaching 0.37% in 2023. Two data points are highlighted: 0.49% at the start, and 0.21% around 2000, marking significant moments in the timeline.

In the graph, "DAC countries" is noted as major aid donors in the OECD, with a credit to the data source, which is the OECD for the year 2024. The visual is copyrighted under CC BY.

Over the last 60 years, the 32 high-income countries in the OECD’s Development Assistance Committee (DAC) steadily increased the foreign aid they sent abroad. In total, aid rose from $39 billion to $213 billion, adjusted for inflation.

But while aid has grown in dollar terms, it has shrunk as a share of national income. Between 1960 and 2000, foreign aid as a percentage of national income fell sharply from 0.49% to 0.21%. Since then, it has recovered slightly to 0.37% but remains far below its 1960 level.

As a result, only five countries currently meet the UN’s target of dedicating at least 0.7% of their national income to foreign aid.

Explore foreign aid given as a share of national income by all countries

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