Sorry Sweden, Luxembourg is now the most generous country in the world.
That’s according to a recent update to data on official development assistance offered by the nations in the Organization for Economic Cooperation and Development.
In 2011, Sweden was the most generous donor, according to the OECD’s key metric, which is official development assistance as a share of gross national income. But Luxembourg overtook Sweden this year, thanks to a rise in bilateral grants. As part of a government plan, Luxembourg had made a commitment to keep its development assistance as a share of national income at around 1%.
The three top recipients of aid from Luxembourg are the African nations of Mali, Burkina Faso and Senegal. Here’s a look at the 2012 OECD numbers:
This article is from the archive of our partner The Wire.
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