Project spending

	2018	2019	2020	2021
Total expenditures SECO	316.4	351.3	360.6	340.5
Development cooperation	229.5	243.0	253.4	253.2
Transition cooperation	74.4	76.0	72.5	79.1
Contribution to EU enlargement	12.4	32.2	34.7	8.2

The table shows SECO’s (Economic Cooperation and Development Division) expenditures as they appear in the state financial statements, without return flows. In the table, SECO’s expenditure includes the capitalisation of the Swiss Investment Fund for Emerging Markets (SIFEM), without investment fund operations.

The economic and trade policy measures implemented by SECO in the context of development cooperation contribute to the reduction of poverty and global risks and promote peace and the human rights. The main objective is to foster a sustainable and inclusive growth. Government authorities, civil societies, private companies and other stakeholders in recipient countries benefit from those measures. Whenever possible, the measures are implemented in cooperation with Swiss companies and service providers. Some specific projects are implemented in collaboration with multilateral organisations (e.g. the World Bank).

Development cooperation

In the context of development cooperation, SECO puts its focus on the more economically advanced developing countries in Africa, South-East Asia and Latin America.  

	2020	2021
Priority countries	120.0	113.8
Colombia	19.8	16.6
Egypt	4.4	9.0
Ghana	17.8	17.7
Indonesia	11.7	22.1
Peru	16.0	16.2
South Africa	15.4	11.1
Tunisia	15.3	6.9
Vietnam	19.4	14.3
Complementary measures, global/regional programs	133.5	139.4
Countries with complementary measures *	16.2	14.3
Global and regional programs	117.3	125.1
Total	253.4	253.2

* Significant complementary programs to the SDC measures have been implemented in Myanmar, Nepal, Morocco, Burkina Faso, Mozambique and Bolivia.

Transition cooperation

SECO and SDC engage jointly in transition cooperation with countries of Eastern Europe and Central Asia. SECO's interventions focus on Albania, Kyrgyzstan, Serbia, Tajikistan and Ukraine.

	2020	2021
Priority countries	43.0	46.9
Albania	8.7	8.2
Kyrgyzstan	8.4	11.5
Serbia	9.2	7.4
Tajikistan	4.6	6.9
Ukraine	11.8	12.9
Complementary measures, global/regional programs	29.7	32.2
Countries with complementary measures *	14.9	16.3
Global and regional programs	14.8	15.9
Total	72.5	79.1

* SECO implements complementary measures under Swiss cooperation programmes in Azerbaijan, Bosnia and Herzegovina, Georgia, Kosovo, North Macedonia and Uzbekistan.

Last modification 15.06.2022