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DATA IDENTIFICATION
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Name
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Total resource flows for development, by recipient and donor countries and type of flow (e.g. official development assistance, foreign direct investment and other flows)
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Indicator purpose
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Proportion of resource flows for development, by recipient and donor countries.
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Abstract
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Total resource flows for development, by recipient and donor countries and type of flow comprises of Official Development Assistance (ODA), other official flows (OOF) and private flows. Total resource flows to developing countries quantify the overall expenditures that donors provide to developing countries.
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Data source
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Ministry of Foreign Affairs Ministry of Finance
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DATA CHARACTERISTICS
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Contact organization person
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Ministry of Foreign Affairs Ministry of Finance
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Date last updated
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07-OCT-2019
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Periodicity
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Annual
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Unit of measure
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US Currency
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Other characteristics
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Official and private flows, both concessional and non-concessional to developing countries. For official flows the major distinction is between official development assistance (ODA) and other official flows OOF, while private flows are broken down into flows at market terms and charitable grants. Flows include contributions to multilateral development agencies, which are themselves official bodies.
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DATA CONCEPTS and CLASSIFICATIONS
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Classification used
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Official development assistance (ODA) is defined as government aid designed to promote the economic development and welfare of developing countries. Loans and credits for military purposes are excluded.
Other official flows (OOF) are defined as official sector transactions that do not meet official development assistance (ODA) criteria. OOF include: grants to developing countries for representational or essentially commercial purposes; official bilateral transactions intended to promote development but having a grant element of less than 25%; and, official bilateral transactions, whatever their grant element, that are primarily export-facilitating in purpose.
Private flows are defined as financial flows at market terms financed out of private sector resources (changes in holdings of private, long-term assets held by residents of the reporting country) and private grants (grants by non-government organisations, net of subsidies received from the official sector).
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Disaggregation
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This indicator can be disaggregated by type of flow (ODA, OOF, private), by donor, recipient country, type of finance, type of aid etc.
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Key statistical concepts
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The sum of official and private flows from all donors to developing countries.
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Formula
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OTHER ASPECTS
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Recommended uses
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This indicator can be used to calculate overall expenditures that donors provide to developing countries.
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Limitations
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N/A
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Other comments
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All the metadata shown in this document was gathered from United Nation Statistics Division. The metadata was extracted from https://unstats.un.org/sdgs/metadata/.