Total bilateral sector allocable ODA commitments in Euro area
Euro area: Total bilateral sector allocable ODA commitments was 25.83 billion current US$ in 2015. ◆ Volatile
Total bilateral sector allocable ODA commitments in Euro area, 1995–2015
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
In 2015, total bilateral sector allocable oda commitments in Euro area stood at 25.83 billion current US$.
The figure is down 9.5% on the previous year and up 91.3% over ten years.
Over the whole period, total bilateral sector allocable oda commitments in Euro area peaked at 30.30 billion current US$ in 2010 and was at its lowest, 6.29 billion current US$, in 1998.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.10 billion current US$ | 6.29 billion current US$ | 7.98 billion current US$ | 5 |
| 2000s | 15.31 billion current US$ | 6.57 billion current US$ | 26.65 billion current US$ | 10 |
| 2010s | 26.84 billion current US$ | 24.71 billion current US$ | 30.30 billion current US$ | 6 |
Countries ranked near Euro area
- 4 France 7.02 billion current US$ compare
- 5 United Kingdom 5.85 billion current US$ compare
- 6 Netherlands 2.80 billion current US$ compare
- 7 Norway 2.66 billion current US$ compare
- 8 Canada 2.58 billion current US$ compare
- 9 Australia 2.29 billion current US$ compare
- 10 South Korea 2.13 billion current US$ compare
Frequently asked questions
- What is total bilateral sector allocable oda commitments in Euro area?
- Total bilateral sector allocable oda commitments in Euro area was 25.83 billion current US$ in 2015, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest total bilateral sector allocable oda commitments recorded in Euro area?
- The highest recorded value was 30.30 billion current US$ in 2010.
- What is the lowest total bilateral sector allocable oda commitments recorded in Euro area?
- The lowest recorded value was 6.29 billion current US$ in 1998.
- How does Euro area rank for total bilateral sector allocable oda commitments?
- Euro area ranks 7th out of 13 groups with data for 2015.
- Is total bilateral sector allocable oda commitments rising or falling in Euro area?
- Over the last ten years it is up 91.3%. The long-run trend across the full record is volatile.
- Where does this Euro area data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Total bilateral sector allocable ODA commitments (current US$). Statizoid updates them automatically from the source API.
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About this data
Bilateral official development assistance (ODA) commitments are firm obligations, expressed in writing and backed by the necessary funds, undertaken by official bilateral donors to provide specified assistance to a recipient country or a multilateral organization. Bilateral commitments are recorded in the full amount of expected transfer, irrespective of the time required for completing disbursements. Total sector-allocable aid is the sum of aid that can be assigned to specific sectors or multisector activities. OECD DAC.