Saudi Aid to the Developing World

Since the mid-1970s (1390s AH), Saudi Arabia has been a leading donor in terms of ODA (Overseas Development Aid) volume and ODA/GNP ratio:

Disbursements from 1975 to 1987 amounted to US$48 billion, second only to the United States of America. The ODA/GNP ratio averaged 4.2% over this period, well above the highest among DAC countries (the DAC average is 0.35%).

Under pressure of sharply falling oil revenues, uncertainties regarding the future of the oil market and the regional security situation, Saudi Arabian ODA volume declined from a peak of US $5.5 billion in 1981 to US $2.6 billion in 1985, but recovered to US $3.5 billion in 1986. In 1987, it was about US $2.9 billion. As a proportion of the Kingdom's oil revenues, ODA has risen from 10% in 1983-1985 to 15% in 1986-1987, and Saudi Arabia's ratio of ODA to GNP has remained by far the highest among all donors. Saudi aid is untied, quick-disbursing, and highly concessional, with a grant element of 96% (1986).

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Profile of Saudi Arabia

The Country Profile contains thousands of pages of information on every aspect of the Kingdom of Saudi Arabia, including its geography, history and development (political, economic and social).