Foreign aid: who gives the most, and where does it go?

The Economist
8 Dec 201702:01

Summary

TLDRIn 2016, rich countries distributed over $140 billion in foreign aid, with the United States contributing the mostβ€”$31 billion, despite spending only 0.17% of its national income. While the US remains a major donor, countries like Sweden and Norway exceed the UN's aid target, donating over 1% of their income. The top recipients in 2015 included Afghanistan, India, Vietnam, Ethiopia, and Indonesia. Even though China is the second-largest economy, it received only $1.5 billion in aid, with contributions from countries like Germany and Britain. Overall, foreign aid saw a 9% increase in 2016.

Takeaways

  • πŸ˜€ Rich countries are giving away more foreign aid than ever before, with over 140 billion dollars distributed in 2016.
  • πŸ˜€ The United States was the largest donor in 2015, contributing nearly 31 billion dollars to at least 40 countries and organizations.
  • πŸ˜€ Despite its large economy, U.S. foreign aid spending in 2015 was only 0.17% of its gross national income (GNI), which is lower than other rich countries.
  • πŸ˜€ Sweden and Norway are the most generous donors, contributing over 1% of their GNI to foreign aid.
  • πŸ˜€ The largest recipients of foreign aid in 2015 included Afghanistan, India, Vietnam, Ethiopia, and Indonesia.
  • πŸ˜€ Afghanistan received 3.8 billion dollars in foreign aid, while India received 3.1 billion dollars in the same year.
  • πŸ˜€ China, despite being the second-largest economy in the world, received only 1.5 billion dollars in foreign aid in 2015.
  • πŸ˜€ In 2015, Germany contributed around 750 million dollars in foreign aid to China, while Britain gave 67 million dollars.
  • πŸ˜€ Foreign aid reached an all-time high in 2016, increasing by 9% from the previous year.
  • πŸ˜€ Six countries met or exceeded the United Nations' foreign aid target, donating more than 0.7% of their GNI to aid.

Q & A

  • How much foreign aid was distributed globally in 2016?

    -In 2016, over $140 billion in foreign aid was distributed globally, marking the highest amount on record.

  • Which country contributed the most foreign aid in 2015?

    -The United States contributed the most foreign aid in 2015, donating nearly $31 billion to at least 40 countries and organizations.

  • How much foreign aid did the United States give to Pakistan and Mexico in 2015?

    -In 2015, the United States gave $770 million to Pakistan and $250 million to Mexico as part of its foreign aid contributions.

  • What percentage of the United States' Gross National Income (GNI) was allocated to foreign aid in 2015?

    -In 2015, U.S. foreign aid spending was just 0.17% of its Gross National Income (GNI), which is considered quite low compared to other rich countries.

  • Which countries were the biggest givers of foreign aid in 2015?

    -Sweden and Norway were the biggest givers of foreign aid in 2015, each donating more than 1% of their Gross National Income (GNI).

  • What were the largest recipients of foreign aid in 2015?

    -The largest recipients of foreign aid in 2015 were Afghanistan, India, Vietnam, Ethiopia, and Indonesia, with Afghanistan receiving the most at $3.8 billion.

  • How much foreign aid did China receive in 2015, and why is this notable?

    -China received $1.5 billion in foreign aid in 2015, which is notable because it is the second-largest economy in the world, yet its aid intake is relatively small compared to other countries.

  • Which countries contributed the most to China's foreign aid in 2015?

    -In 2015, China received approximately $750 million in aid from Germany and $67 million from Britain.

  • What caused the increase in global foreign aid in 2016?

    -The increase in global foreign aid in 2016, which rose by 9%, was largely driven by the generosity of six countries that met or exceeded the United Nations' foreign aid target of 0.7% of Gross National Income (GNI).

  • What is the United Nations' foreign aid target for countries?

    -The United Nations has set a target for countries to donate at least 0.7% of their Gross National Income (GNI) towards foreign aid.

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Related Tags
foreign aidglobal economycharity donationsUSA aidSweden aidNorway aidinternational developmentglobal generosityaid statistics2015 foreign aid