Many thanks...

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Tuesday, May 11, 2010

US: Military Spending vs. Development Aid

Even though US gives the most money overall for development aid ($28.7B in 2009), it only gives 0.2% of it’s GNI—behind the UN target of 0.7%. That being said, the 2009 donation was up 5.4% from 2008 levels.

To look at foreign military assistance, a basic chart is helpful...

Foreign Operations

2009 Actual

2010 Estimated

2011 Request

Foreign Military Assistance

6,231,500,000

4,195,000,000

5,473,348,000

USAID

1,257,959,000

1,650,300,000

1,695,506,000

MCC

875,000,000

1,105,000,000

1,279,700,000

It should be noted, that Department of Defense requests for the Afghanistan Security Forces Fund is completely separate, and the FY2011 request for that line item was $11B.

As I mentioned yesterday, U.S. military spending is 4% of GDP.

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