Member of the OECD Development Assistance Committee (DAC) since 1975.
In 2011, Finland’s net ODA amounted to USD 1.41 billion. In nominal terms, this figure represents an increase of 3% from 2010, although in real terms Finland’s ODA has dropped by 4%. As for several other DAC members, this is the first decrease after many years of ODA growth. Finnish ODA grew quickly between 2008 and 2009 – at an average annual rate of 12% in real terms – but started to slow down in 2010. The ODA growth rate is expected to reach zero in 2013-14 as ODA for those years will be frozen at the nominal 2012 level.
Finland’s ODA to GNI ratio was 0.52% in 2011. Having reached 0.55% in 2010, Finland’s ODA/GNI surpassed the EU intermediate target of 0.51% for that year. This is a commendable result, but Finland’s ODA spending plans for 2013-14 make it unlikely that it will reach the EU’s ODA/GNI target of 0.7% in 2015.
Key Statistics from the Development Co-operation Report 2012 (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.