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 million.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]
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 million. 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]
Open Philanthropy (2015) Advocacy for improved or increased U.S. foreign aid, Open Philanthropy, April 20.
foreign aid skepticism | global poverty
Open Philanthropy (2015) Advocacy for improved or increased U.S. foreign aid, Open Philanthropy, April 20.
Kenny, Charles (2021) Allocating global aid to maximize utility, Center for Global Development, January 11.