Official Development Assistance in 2024 dropped for the first time since 2017, sounding alarm bells for the future of aid. These infographics highlight the key trends from the preliminary data release by the OECD DAC.

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• The first drop in ODA since 2017 sounds alarm bells for the future of aid, as new figures highlight a 7.1 per cent decrease
• The world’s poorest countries are among the most impacted. Just 16.5 per cent of aid reached Least Developed Countries in 2024, while 13.1 per cent remained in rich countries
• Will rich countries abandon aid in 2025? A panel of experts from Concord, Eurodad, Oxfam and Reality of Aid will answer this question on 23 April at 14h CEST. Register here

Preliminary aid figures for 2024 are a wake-up call for rich countries

Reaction of the DAC CSO Reference Group to the release of the preliminary ODA numbers for 2024.

The United Nations Development Cooperation Forum is unique in convening all actors under the UN umbrella to address issues that are elsewhere discussed in disparate institutional and policy silos, yet it struggles to gain influence and traction.  Strengthening this forum can be a first step towards renewing and heightening global commitments on international development cooperation.

• Despite a slight increase in overall ODA (1.6 per cent in real terms), today’s aid figures show less than a quarter goes to the world’s poorest.
• The governance of development cooperation urgently needs to be reformed at the Fourth International Conference on Financing for Development in June.

Following the release of the preliminary statistics covering Official Development Assistance in 2023, the DAC Civil Society Reference Group expresses major concerns about the underlying trends reflected in the figures, and calls for a serious conversation about establishing a more inclusive and representative governance of ODA.

• New figures published today by the OECD show that hosting refugees in donor countries accounts for more than US$31 billion (equivalent to 13.8 per cent of total ODA)
• Despite a small rise in ODA across all wealthy countries in 2023, in the EU aid fell by a shocking 7.7 per cent, with only a few members reporting increases

The new figures released by the OECD Development Assistance Committee (DAC) show that while total reported ODA rose to an all time high, the percentage of ODA spent in donor countries also increased. This is hugely problematic.

Official Development Assistance (ODA or aid) reached a new all-time-high of US$204 billion in 2022, but behind the headline figures the data shows even higher inflation of ODA than witnessed in 2021. It is vital to make sure that the integrity of ODA is preserved to serve the needs of people across the global south rather than the interests of countries in the global north.