Development aid: snapshots of recent trends

OECD Observer
ODA has declined markedly. In fact in 1997 it represented only 0.22% of DAC Member’s GNP, the lowest level since the ODA concept was introduced in the 1960s. In contrast, private flows have risen sharply in recent years, as the first chart shows, reflecting the influx of foreign direct investment into recipient countries. However, the figures do not yet reflect the full impact of the Asian and Latin American crisis on private flows (specifically Foreign Direct Investment). (...)

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Unemployment: 7.3% Sep 2020
Last update: 10 Nov 2020

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