How is Swedish ODA changing over time?

Sweden's ODA has fluctuated between 2020 and 2024 and notably decreased between 2023 and 2024. Swedish ODA peaked at over 1% of GNI in 2020 but by 2024, ODA only accounted for 0.79% of GNI in 2024. Despite these decreases, Sweden's proportion of ODA to GNI ranks highly amongst other donors, only falling slightly behind Norway and Luxembourg in 2024.

Sweden has a long history of providing development assistance and, since 1975, has exceeded the UN target of 0.7% of ODA/GNI. However, in September 2022, Sweden's new right-wing government announced that it was ending the country's commitment to spend at least 1% of its GNI on ODA. Instead, the government aims to decouple Swedish ODA from a specific funding target and set it at a fixed amount for three years (2023-2026) to make spending more predictable.