Net official development assistance (ODA) remained stable in 2001, in both constant dollars and as a share of gross national income (GNI), as increases in the United States and many EU member states compensated for a decline in Japan's ODA, figures published on May 13 showed. As a proportion of Development Assistance Committee (DAC) members' combined gross national income the ratio remained unchanged, at 0.22%, as compared to 0.33% in 1990 to 1992. In current dollars, ODA from DAC member countries to developing countries was US$51.4 billion in 2001.
The fall in current dollar terms from US$53.7 billion in 2000 to US$51.4 billion in 2001, results in part from falls in the exchange rates of some currencies against the US dollar. In real terms, ODA remained relatively stable, with a slight fall of 1.4%.
©OECD Observer May 2002