Global Challenges
Issue no. 19 | May 2026
The End of Development?
The End of Development? | Figure for the Issue

The End of Development?

TABLE | Trends in Global Development Assistance Volumes (1960–2025)

YearGlobal ODA volume (in billions of USD, constant 2023 prices)Historical Context
1960~ 40Start of OECD statistics; rise of post-colonial bilateral programs
1970~ 60UN commitment to 0.7% of GNI; expansion of bilateral agencies.
1980~ 85Peak linked to the Cold War and concessional loans; prior to the debt crisis.
1990~ 105End of the Cold War; shift toward governance and structural reform
2000~ 95Relative decline; launch of the MDGs and start of debt relief initiatives.
2005~ 130Impact of debt cancellations (HIPC) and the Paris Declaration.
2010~ 150Stabilization following the financial crisis; rise in humanitarian aid.
2015~ 160Adoption of the SDGs; expansion of funded sectors.
2020~ 185Increase linked to global crises (climate, migration, pandemics).
2023~ 223Historical high; sharp increase in humanitarian aid and concessional loans.
2024~ 212Beginning of the cuts
2025~ 174With, 23.1% decrease over 2024, it is the largest annual contraction on record and a second consecutive year of decline.

Data: OECD (International Development Statistics); Our World in Data (ODA, constant 2023 USD).