EU financing to developing countries by financing source (sdg_17_20)

ESMS Indicator Profile (ESMS-IP)

Compiling agency: Eurostat, the statistical office of the European Union


Eurostat metadata
Reference metadata
1. Contact
2. Metadata update
3. Relevance
4. Statistical Indicator
5. Frequency and Timeliness of dissemination
6. Coverage and comparability
7. Accessibility and clarity
8. Comment
Related Metadata
Annexes
Footnotes
Eurostat Quality Profile
4.5. Source data

OECD (DAC)

5.1. Frequency of dissemination Every year
5.2. Timeliness T+2 years
6.1. Reference area All EU MS
6.2. Comparability - geographical All EU MS
6.3. Coverage - Time > 10 years
6.4. Comparability - over time > 4 data points

Description of Eurostat quality grading system under the following link.



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1. Contact Top
1.1. Contact organisation

Eurostat, the statistical office of the European Union

1.2. Contact organisation unit

E2: Environmental statistics and accounts; sustainable development

1.5. Contact mail address

e-mail contact : ESTAT-SDG-MONITORING@ec.europa.eu


2. Metadata update Top
2.1. Metadata last certified 24/04/2023
2.2. Metadata last posted 29/04/2024
2.3. Metadata last update 16/04/2024


3. Relevance Top

The indicator is part of the EU Sustainable Development Goals (SDG) indicator set. It is used to monitor progress towards SDG 17 on revitalizing the global partnership for sustainable development which are embedded in the European Commission’s Priorities under 'A stronger Europe in the world'.

SDG 17 calls for a global partnership for sustainable development. It highlights the importance of macroeconomic stability and of mobilising financial resources for developing countries. It also stresses the importance of trade and equitable rules for governing it. The goal also emphasises the importance of access to science and technology, in particular internet-based information and communications technology. To reach the objectives of Goal 17, Official Development Assistance and other financial resources, whether public or private, domestic or international will be needed. 

The EU pursues a coherent and supportive approach to development, where all financial flows to developing countries, including aid, investment and trade, work together with domestic resource mobilisation and good policies to help build capacity and support self-reliance in these countries. Thus, the indicator complements the indicator on development assistance.


4. Statistical Indicator Top
4.1. Data description

The indicator shows the total official and private EU financing to developing countries. These consist of net disbursements of Official Development Assistance (ODA), other official flows (OOFs), private flows (mainly foreign direct investment, FDI) and grants by private agencies and NGOs. ODA consists of grants or concessional loans undertaken by the official sector with promotion of economic development and welfare in the recipient countries as the main objective. OOFs are transactions which do not meet the conditions for eligibility as ODA, either because they are not primarily aimed at development, or because they have a grant element of less than 25 %. Private flows include direct investment, bonds, export credits and multilateral private flows. Grants by private agencies and national NGOs consists of funds for development assistance and relief, together with any additional contributions in kind, including, for instance proceeds from charity Christmas card sales or special appeals (for example, for disaster relief).

 

Developing countries are considered to be those on the OECD DAC (Development Assistance Committee) list of aid recipients.

4.2. Unit of measure

million EUR (constant prices)

4.3. Reference Period

Calendar year

4.4. Accuracy - overall

Indicator from non-ESS source. For assessment of accuracy please refer to the original source (see link to external data source and metadata in section “Annexes”).

4.5. Source data

OECD (DAC)

Data source: OECD database

Data provider: Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD)


5. Frequency and Timeliness of dissemination Top
5.1. Frequency of dissemination

Every year

The indicator is updated annually.

5.2. Timeliness

T+2 years

New data points are disseminated within two year after the reference year.


6. Coverage and comparability Top
6.1. Reference area

All EU MS

Data are presented for all EU Member States plus Iceland, Norway, Switzerland and Türkiye (OECD publishes data for all DAC members as well as a number of non-DAC donor countries on their website).

6.2. Comparability - geographical

All EU MS

Data are comparable between all EU Member States respectively other presented countries.

6.3. Coverage - Time

> 10 years

Presented time series (including EU aggregates) starts in 2000.

6.4. Comparability - over time

> 4 data points

Length of comparable time series without methodological break is longer than 4 data points.


7. Accessibility and clarity Top
7.1. Dissemination format - Publications

Analysis of indicator is presented in Eurostat's annual monitoring report on Sustainable development in the EU (progress towards SDGs in the EU context).

7.2. Dissemination format - online database

See table sdg_17_20

7.3. Dissemination format - other

Eurostat dedicated section on SDGs: http://ec.europa.eu/eurostat/web/sdi/overview


8. Comment Top

Copyrights: Eurostat Copyright/Licence Policy is applicable.


Related metadata Top


Annexes Top
Source data
Metadata


Footnotes Top