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Economy > Economic aid > Donor: Countries Compared

Ian Graham, Staff Editor

Author: Ian Graham, Staff Editor

A poll in 2000 by the Program on International Policy Attitudes (PIPA) and similar polls in earlier years found that most Americans vastly overestimate their country’s foreign aid spending. The median estimate of the percentage of the federal budget that goes to foreign aid was 20 percent, while the average estimate was 24 percent. The actual figure is a little less than 1 percent.

In an October 1997 poll, 63 percent of people surveyed believed more was spent on foreign aid than on Medicare, while 27 percent though Medicare spending was greater. That year, Medicare funding was about 10 times as much as foreign aid.

Respondents to the 2000 PIPA poll also overestimated U.S. aid as a percentage of all foreign aid. The median estimate was that American aid accounted for 33 percent of all aid. The actual figure for 1999 was 16 percent.

DEFINITION: The net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 United States $23.53 billion 2008
2 United Kingdom $12.46 billion 2008
3 France $10.60 billion 2008
4 Germany $10.44 billion 2008
Group of 7 countries (G7) average (profile) $10.30 billion 2008
5 Japan $7.50 billion 2008
6 Netherlands $5.45 billion 2008
7 Sweden $3.96 billion 2008
8 Canada $3.90 billion 2008
9 Spain $3.81 billion 2008
10 Italy $3.64 billion 2008
11 Norway $2.95 billion 2008
12 Denmark $2.24 billion 2008
13 Australia $2.12 billion 2008
14 Belgium $1.98 billion 2008
15 Switzerland $1.65 billion 2008
16 Austria $1.50 billion 2008
17 Finland $1.02 billion 2008
18 Ireland $1.02 billion 2008
19 South Korea $455.30 million 2008
20 Greece $424.00 million 2008
21 Portugal $396.00 million 2008
22 Luxembourg $291.00 million 2008
23 New Zealand $259.00 million 2008
24 Cyprus $25.90 million 2008
25 Iceland $6.70 million 2008
26 Lesotho $4.40 million 2008

Citation

"Countries Compared by Economy > Economic aid > Donor. International Statistics at NationMaster.com", All CIA World Factbooks 18 December 2003 to 18 December 2008. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Economy/Economic-aid/Donor

Economy > Economic aid > Donor: Countries Compared Map

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Interesting observations about Economy > Economic aid > Donor

United States ranked first for economic aid > donor amongst High income OECD countries in 2008.
Italy ranked last for economic aid > donor amongst Group of 7 countries (G7) in 2008.
France ranked first for economic aid > donor amongst Eurozone in 2008.
United Kingdom ranked first for economic aid > donor amongst European Union in 2008.
All of the top 2 countries by economic aid > donor are Cold countries'.
All of the top 6 countries by economic aid > donor are Heavily indebted.
15 of the top 18 countries by economic aid > donor are Christian.
All of the top 2 countries by economic aid > donor are English speaking .
19 of the bottom 25 countries by economic aid > donor are European.
Australia ranked second last for economic aid > donor amongst Non-religious countries in 2008.

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A poll in 2000 by the Program on International Policy Attitudes (PIPA) and similar polls in earlier years found that most Americans vastly overestimate their country’s foreign aid spending. The median estimate of the percentage of the federal budget that goes to foreign aid was 20 percent, while the average estimate was 24 percent. The actual figure is a little less than 1 percent.

In an October 1997 poll, 63 percent of people surveyed believed more was spent on foreign aid than on Medicare, while 27 percent though Medicare spending was greater. That year, Medicare funding was about 10 times as much as foreign aid.

Respondents to the 2000 PIPA poll also overestimated U.S. aid as a percentage of all foreign aid. The median estimate was that American aid accounted for 33 percent of all aid. The actual figure for 1999 was 16 percent.

Posted on 09 Mar 2005

Ian Graham, Staff Editor

Ian Graham, Staff Editor

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"In this graph,it shows USA has more economic development than the other countries."

The Fact being that the US has over 300+Million Citizens, 5 times the number of the United Kingdom alone. So in reality the US is among the smallest aid donors on this list if you look at the size of nations. The European Nations have always been dominating the foreign aid levels. Not that they are ever mentioned for it. In fact most Americans probably believe Europe is giving close to nothing.

Posted on 09 Nov 2010

Henk

Henk

0

In this graph,it shows USA has more economic development than the other countries.

Posted on 28 Sep 2009

Faboro Babajide O.

Faboro Babajide O.

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