Austria's Official Development Assistance
According the Organisation for Economic Cooperation and Development (OECD), Austria allocated 1.240 billion euros of official development assistance (ODA) in 2021. Austria’s ODA figures include all federal, state and municipal aid flows.
DEVELOPMENT OF AUSTRIAN ODA
According to OECD’s final data for 2021, Austria invested a total of 577.9 million euros in bilateral and 662.4 million euros in multilateral development assistance. The increase in bilateral aid from 450.5 million euros in 2020 to 577.9 million euros in 2021 is due to payments of ODA loans, debt reduction as well as increased net payments from ADA’s operational funds.
The decline in multilateral ODA from 666.9 million euros in 2020 to 662.4 million euros in 2021 can be explained by lower contributions to multilateral organisations such as the International Bank for Reconstruction and Development (IBRD), the Asian Infrastructure Investment Bank, the Global Environment Facility or the Green Climate Fund. At the same time, multilateral contributions to the European Commission and the African Development Fund increased.
Switch to ODA grant equivalent
All data for 2021 is communicated on Grant Equivalent basis. In accordance with OECD criteria, ODA’s preliminary data take ODA-eligible loans to the private sector as well as payments for concessional loans to multilateral organisations into account.
ANNOUNCEMENT OF ODA
Each year, the OECD’s development assistance committee (DAC) releases ODA data of its member states based on their respective statistical reports. First trends of the past reporting year are published in spring. Final ODA figures will be documented in the OECD’s database as well as in the Austrian Development Cooperation’s ODA report towards the end of the year.
All data for 2021 are communicated on a grant equivalent basis. Since the grant equivalent has been used as the standard measure for statistical ODA reporting by the OECD/DAC since 2019 (for 2018 data), and in order to provide comparable figures, 2018 and 2019 data were recalculated on a grant equivalent basis. ODA loans to the private sector as well as equities continue to be reported on a net flow basis under the interim Private Sector Instruments (PSI) reporting directives. Until 2019 data, debt relief was also recorded on a net flow basis.