Question

What is the country with the highest percent amount of ODA (as a percentage of GNI)...

What is the country with the highest percent amount of ODA (as a percentage of GNI) today?

Homework Answers

Answer #1

ODA stands for Official Development Assistance. It means that when the government of one country gives financial assistance to another country. For the social and economic development.

It was introduced in 1970, at that time UN agreed that economically advanced country should spent 0.7% of Gross National Income (GNI) on ODA.

Luxembourg spent highest percentage of GNI through ODA and the rate is 1.05%

United States remains the highest ODA donor in 2019 with $34.6 billion.     

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