Member of the OECD Development Assistance Committee (DAC) since 1975.
In 2012, Finland’s net ODA amounted to USD 1.32 billion. In real terms, this figure represents a slight decrease from 2011 (0.4%), making 2011 the second consecutive year that ODA decreased. Finnish ODA grew quickly between 2008 and 2009 at an average annual rate of 12% in real terms, but it started to slow down in 2010.
With an ODA/GNI ratio of 0.55% in 2010, Finland surpassed the EU intermediate target of 0.51% for that year. Finland’s ODA/GNI then stood at 0.53% in both 2011 and 2012.
Key Statistics from the Development Co-operation Report 2013 (DCR)
Finland is making efforts to improve its development co-operation, sharpening the focus of its efforts and emphasising the importance of human rights. To make these efforts effective, says the OECD’s Review of the Development Co-operation Policies and Programmes of Finland, the government should honour its commitment to increase funding, focus on areas and countries where it can have the most impact, and improve the way it manages development co-operation.
Finland's evaluation "Nordic Influence in Multilateral Organisations: A Finnish Perspective" discusses how the Nordic countries, through their joint efforts, have influenced the policies, decision-making and work in the World Bank and the African Development Bank from 2006 to 2011. These Banks receive the highest joint commitment by the Nordic countries as compared to the other multilateral development banks.