UN target for ODA - Global

Event/initiative: 
Date of commitment: 
October 1970

Commitment

Each economically advanced country will progressively increase its official development assistance to the developing countries and will exert its best efforts to reach a minimum net amount of 0.7% of its gross national product at market prices.

Target

0.7% of donor GNI provided as ODA, equivalent to $326 billion (in 2014 dollars).

Progress

0.29 % of DAC GNI in 2013, equivalent to $ 135.2 billion (in 2014dollars).

Gap

0.41 % of DAC GNI, equivalent to $191.1 billion (in current dollars).

Additionality

At subsequent UN and other international conferences and summits many developed countries reaffirmed the target and extended the deadline to 2015.

Data source: 
MDG Gap Task Force, based on OECD DAC data