The End of Development? | Figure for the Issue

The End of Development?

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

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

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The End of Development?

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

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