Foreign aid is the transfer of capital, goods, or services from a country or international organization to the government or population of another country.
In absolute terms, the United States is the largest donor among members of the Development Assistance Committee (DAC), spending around $35 billion annually on foreign aid. However, the US gives a smaller proportion of its GDP than most other DAC countries. If the US gave as large a fraction of its GDP as the United Kingdom does, its foreign aid spending would be close to $110 billion. Advocating for increased U.S. foreign aid spending is thus sometimes considered a potentially high-impact intervention. Besides pushing for increased spending, advocates can push for more cost-effective spending.[1]
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