Latvia

Latvia's Official Development Assistance (ODA)

 

 
In 2016, preliminary data show that ODA reached USD 28 million (0.10% of GNI). In 2015, Latvia’s net ODA amounted to USD 23 million, representing an increase of 9% in real terms over 2014. The ODA/GNI ratio rose from 0.08% to 0.09%. Latvia’s development co-operation is provided in line with the Latvian Development Co-operation Policy Strategy 2016-20, which defines the goals, principles and directions of Latvia’s development co-operation. The Ministry of Foreign Affairs is responsible for formulating development co-operation policy and for co-ordinating activities.

In 2015, Latvia provided its bilateral development co-operation mostly to Ukraine, Georgia, Syria and Moldova. The priority sectors for Latvia’s bilateral development co-operation were: 1) public governance and capacity building, particularly in justice and internal affairs, fighting corruption, administrative policy development and support to decentralisation, and strengthening local and regional authorities; 2) fostering entrepreneurship, particularly strengthening small and medium enterprises and export capacity; 3) conflict prevention, peace and security; 4) fostering democratic engagement in decision making and gender equality; and 5) education. Latvia provides its bilateral development co-operation mostly in the form of small-scale technical co-operation projects.

Multilateral ODA accounted for 90% of Latvia’s total ODA in 2015, provided primarily through the European Union (accounting for 84% of its multilateral ODA in 2015), as well as through the World Bank Group (9%) and the United Nations (4%).

Latvia, which joined the OECD in 2016, is an observer to the Development Assistance Committee.

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