US Foreign Aid was $35 billion in 2014: How was it distributed
In 2014, approximately 76% of the world received some form of economic assistance from the U.S., the majority located within Africa and the Near East.
The US government allocated some $35 billion to some 140 nations in 2014; however, as the website How Much.net notes, the monies were distributed wildly differently depending on the country recipient.
Of the $35 billion of total economic aid distributed, almost a quarter of funds went to five countries. Below are the top 5 recipients of economic aid in 2014.
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Israel: $3.1 billion
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Egypt: $1.5 billion
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Afghanistan: $1.1 billion
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Jordan: $1.0 billion
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Pakistan: $933 million
It is important to note that foreign aid has a variety of uses depending on the current political, economic, and social climate. According to the U.S. State Government 2013-2015 Foreign Assistance report, all $3.1 billion of Israel’s funding was used for military financing. In Egypt, $1.3 billion of $1.5 billion received was used for military-related activities as well. On the other hand, the majority of funds received by Afghanistan, Jordan, and Pakistan were used for economic development purposes. Of the $35 billion referenced in the report, $8.4 billion (24%) was used towards global health programs, $5.9 billion (17%) was used for foreign military financing, $4.6 billion (13%) was used for economic support, and $2.5 billion (7%) was used for development assistance. Below is a breakout of aid received by geographic region in fiscal year 2014.
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Africa: 20%
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East Asia and Pacific: 2%
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Europe and Eurasia: 2%
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Near East: 20%
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South and Central Asia: 7%
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Western Hemisphere: 4%
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General Aid: 45%
The U.S. Spends $35 Billion Helping Out The World… But Where Does All this Money Really Go? via Howmuch.net
Related:
- Sen. Paul introduces ‘Stand with Israel Act of 2014’, Ends foreign aid to Palestinian government
- Rand Paul questions John Kerry on foreign aid
Image/howmuch.net
