Development assistance and investment - SDG Indicator 10.B.1
Definition: Indicator 10.B.1 is the "total resource flows for development, by recipient and donor countries and type of flow".
Data for this indicator measures total resource flows for development, which comprises Official Development Assistance (ODA), other official flows (OOF), and private flows. This data is available by donor and recipient country.
Goal: By 2030 "encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest".
Target 10.C: Reduce transaction costs for migrant remittances
UN definition: "By 2030, reduce to less than 3 percent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 percent."
Remittance costs - SDG Indicator 10.C.1
Definition: Indicator 10.C.1 is the "remittance costs as a proportion of the amount remitted".
Remittance costs as a proportion of the amount of money remitted. Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends, or from short-term, seasonal work in another country.
Goal: By 2030 "reduce to less than 3 percent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 percent across all regions and countries".
Credits: Main photo by James Frid
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