UK aid set to increase in line with economic growth

by Ian Townsend


UK aid set to increase in line with economic growth

UK aid set to increase in line with economic growth

UK aid increased by almost a third in 2013 to reach 0.7%* of gross national income (GNI). If future British governments continue to meet the 0.7% target, aid will now grow in line with broader national income.

The upper house of the UK Parliament is debating a draft law that would make 0.7% of national income as aid a legal requirement. The committee stage takes place on Friday 6 February 2015.

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Notes

* Methods for calculating gross national income (GNI) changed in 2014 (to ESA2010). The UK reached 0.71% in 2013 on the basis (ESA95) of the methodology in use in that year. For more information see DFID, Statistics on International Development 2014, pages 9-10 and table 1.

Source

2010–2013: DFID, Statistics on International Development 2014, table C1

2014–2019: DI calculations of 0.7% of calendar year GNI based on Office for Budget Responsibility quarterly forecasts from Economic & Fiscal Outlook: Supplementary economy tables, Dec 2014, table 1.2.