Indicator 17.10 Official development assistance as share of gross national income

Official development assistance (ODA) consists of grants, loans and equity investments that are undertaken by the official sector with the objective of promoting economic development and welfare in developing countries. Disbursements record the actual international transfer of financial resources, or of goods or services valued at the cost of the donor. ODA is here presented as a share of Gross National Income (GNI). GNI at market prices equals Gross Domestic Product (GDP) minus primary income payable by resident units to non-resident units, plus primary income receivable by resident units from the rest of the world. The list of countries and territories eligible to receive ODA is determined by the OECD’s Development Assistance Committee.

Net ODA received (% of GNI) in Bosnia and Herzegovina was reported at 1.1206 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. The index aggregates five pillars of statistical performance: data use, data services, data products, data sources, and data infrastructure.

The European Consensus on Development of June 2017 outlines the need to dedicate a high proportion of official development assistance to least developed countries (LDCs) and other low-income countries. Hence, 0.15-0.20 % of GNI should be allocated to LDCs in the short term, rising to 0.20 % by 2030. The Consensus takes a comprehensive approach to implementation, combining aid with other resources, with sound policies and a strengthened approach to Policy Coherence for Development.

The long-term target for this indicator is set at 0.7% of gross national income (GNI).