Percentage Of Gdp Spent On Foreign Aid By Country

The list is periodically updated and currently contains over 150 countries or territories see dac list of oda recipients. The first list is sourced from the stockholm international peace research.

Foreign Aid These Countries Are The Most Generous World Economic Forum

percentage of gdp spent on foreign aid by country

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The oecd maintains a list of developing countries and territories.

Percentage of gdp spent on foreign aid by country. The united states continued to be the largest dac donor of oda in 2019 usd 346 billion followed by germany usd 238 billion the united kingdom usd 194 billion japan usd 155 billion and france usd 122 billion. The amount of aid authorized by the mutual security act in 1951 was approximately 22 of the countrys gross domestic product gdp. In 2017 the us.

Provides aid to countries that are recovering from war developing countries and countries that are strategically important to the us. Spent over 50 billion on foreign aid just over 1 of the federal budget. The european union accumulated a higher portion of gdp as a form of foreign aid than any other economic union.

Development assistance committee of the organisation for economic co operation and development geographical distribution of financial flows to developing countries development co operation report and international development statistics database. In fiscal year 2016 the uk. This first list is a list of countries by military expenditure share of gdpmore specifically a list of the top 15 countries by percentage share in recent yearsthe amount spent by a nation on its military as a share of its gdp.

Only aid to these countries counts as oda. Aid and nigeria syria sierra leone south sudan and tanzania all received more than 200 million. There are several governmental agencies that provide foreign aid.

The table has current values for government spending to gdp previous releases historical highs and record lows release frequency reported unit. By 2021 we could be spending about 145 billion based on the office for budget responsibilitys forecasts and in 2016 prices. Aid includes grants soft loans and the provision of technical assistance.

Spent a total of 1801 billion in development aid thus becoming the third largest foreign aid donor among dac countries. This page displays a table with actual values consensus figures forecasts statistics and historical data charts for country list government spending to gdp. This page provides values for government spending to gdp reported in several countries.

In 2016 the uk spent 134 billion on overseas aid in line with the 07 target. Pakistan ethiopia and afghanistan each received more than 300 million in uk. Article sources investopedia requires writers to use primary.

Because the uk economy is set to get bigger over the next few years the real value of development aid spending is expected to increase. The second list presents this as a share of the general government expenditure.

Foreign Aid These Countries Are The Most Generous World Economic Forum