Germany's Unparalleled Ability to Waste Money On Aid

While Germany has for years had “no money” to meet its target of spending at least two percent of GDP on defense, it is the world champion in development aid spending. Officially, Germany spent almost 37 billion dollars on development aid in 2023, putting it in second place behind the USA, which spent $66 billion. However, considering that the GDP of the USA in 2023 was six times higher than that of Germany, Germany is easily in first place. In addition, European Union institutions contributed a further 27 billion euros toward development aid, with Germany being the largest contributor. This expenditure should also be factored in and added to the $37 billion. Now that Donald Trump is radically cutting USAID, Germany is poised to take the top spot globally in absolute terms.

 

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