Group of 7 countries (G7) Compared by Economy > Economic aid > Donor
DEFINITION:
The net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows.
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Interesting observations about Economy > Economic aid > Donor
- United States ranked first for economic aid > donor amongst High income OECD countries in 2008.
- Italy ranked last for economic aid > donor amongst Group of 7 countries (G7) in 2008.
- France ranked first for economic aid > donor amongst Eurozone in 2008.
- United Kingdom ranked first for economic aid > donor amongst European Union in 2008.
- All of the top 2 countries by economic aid > donor are Cold countries'.
- All of the top 6 countries by economic aid > donor are Heavily indebted.
- 15 of the top 18 countries by economic aid > donor are Christian.
- All of the top 2 countries by economic aid > donor are English speaking .
- 19 of the bottom 25 countries by economic aid > donor are European.
- Australia ranked second last for economic aid > donor amongst Non-religious countries in 2008.
