Countries:
Event/initiative:
Date of commitment:
October 1970
Related commitment:
Millennium Development Goal:
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. As noted by the OECD, the Swiss Parliament confirmed in February 2011 Switzerland’s commitment to reaching an ODA to GNI ratio of 0.5% by 2015, and the country plans to reach this target by increasing its aid budget at an average of 9% per year. |
Target | 0.7% of donor GNI |
Progress | 0.49% of donor GNI in 2014 |
Gap | 0.21% of donor GNI |
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