In 2022, Official Development Assistance loans rose by 11% to $61 billion, while grants fell by 8% to $109 billion – a shift that could increase developing country debt burdens.
Despite reaching historical levels in 2022, Official Development Assistance decreased by 2% ($4 billion) for developing regions, affecting over 70 countries and almost 3 billion people.
The overall outlook for trade in 2024 is positive, with increasing demand for environmental goods, especially electric cars, set to play a crucial role in driving growth.
The processed food trade matrix looks closely at food imports and exports at different processing levels and various country groups.
The annual handbook provides key data and indicators on how the economy has evolved across regions, countries and sectors.
Global trade is projected to end the year 5% down compared to 2022’s record level, shrinking by about $1.5 trillion to below $31 trillion, according to UNCTAD’s latest Global Trade Update.
The tool helps countries know who is benefiting from economic growth, whether it’s environmentally sustainable and other indicators of progress.
The Trade and Development Report 2023 projects world economic growth to slow from 3% in 2022 to 2.4% in 2023, calling for global financial reforms and more pragmatic policies to tackle pressing challenges.
UNCTAD steps up advocacy for global support to help vulnerable economies leverage digital trade for inclusive and sustainable development.
New analysis fills data gaps, helping countries know how much they need to spend – and how best to allocate financial resources.