Key report findings reveal official development assistance flows have increased remarkably by 66 per cent from 2000 to 2014.

In merchandise exports, developing countries’ access to developed-country markets has improved from 30.5 to 43.8 per cent over the same period.

Debt burdens have been reduced in most highly indebted poor countries. Mobile phone penetration in developing countries is estimated to reach 92 per cent at the end of 2015, compared to less than 10 per cent in 2000.

Nevertheless, the Report also finds that major gaps persist in development aid flows to the least developed countries and in eliminating trade barriers for developing countries. Additionally, many people cannot access essential medicines and the Internet at affordable prices.

Highlights

• Market access for developing countries expanded
• Debt relief progressed in 36 out of 39 eligible countries
• Access to affordable essential medicines still limited
• Mobile phone signals reach 95 per cent of the world’s population