thernbroom
Superstar
The United States spends billion of dollars each year on foreign aid .
In fact, the U.S. sent approximately $37,680,000,000 overseas in 2012 for foreign aid, according to Finance Degree Center, a website dedicated to finance education.
The total amount, which includes investments in national security concerns, counterterrorism efforts and commercial and humanitarian interests, is really rather impressive when you think about it. Indeed, no other country comes even close in terms of providing other countries with monetary aid.
Here to help you visualize just how much the U.S. spends every year is a chart from the folks at Finance Degree Center. Enjoy:
http://www.financedegreecenter.com/foreign-aid/
● In 2012, the United States send $37,680,000,000 dollars overseas for foreign aid
A few reasons:
National Security
● Counter-Terrorism focus since 2001
■ Commercial Interests
● Think of it as an investment
■ Humanitarian Concerns
● Less suffering makes a better world
What are the objectives?
Peace and Security
● $10,594,000,000 of the budget
○ Specific areas include
■ Counter-Terrorism
■ Stabilization/Security Sector Reform
■ Counter-narcotics
Investing in People
● $10,559,000,000 of the budget
○ Specific areas include
■ Health
■ Education
■ Social Services/Protection of Vulnerable
Governing Justly & Democratically
● $2,596,000,000
○ Rule of Law & Human Rights
○ Civil Society
○ Good Governance
Promoting Economic Growth
● $4,405,000,000
○ Agriculture
○ Environment
○ Infrastructure
Humanitarian Assistance
● $4,091,000,000
○ Protection, Assistance & Solutions
○ Disaster Readiness
○ Migration Management
Who were the top 5 recipients of foreign aid in 2012?
○ Definitions:
■ Per Capita: How much aid the country is receiving per person
■ Gross Domestic Product (GDP): the monetary value of all the finished goods and services produced within a country’s border, generally per year
■ Gross National Income Per Capita (GNI): the dollar value of a country’s final income in a year, divided by its population
● A good measurement of standard of living
Top 5 Recipients in 2012
■ Israel
● $3.075 billion
● Per Capita: $388
● GDP: $258.2 billion
● GNI Per Capita: $28,380
■ Afghanistan
● $2.327 billion
● Per Capita: $78
● GDP: $18.03 billion
● GNI Per Capita: $570
■ Pakistan
● $2.102 billion
● Per Capita: $12
● GDP: $231.2 billion
● GNI Per Capita: $1,260
■ Iraq
● $1.683 billion
● Per Capita: $52
● GDP: $210.3 billion
● GNI Per Capita: $5,870
■ Egypt
● $1.557 billion
● Per Capita: $19
● GDP: $257.3 billion
● GNI Per Capita: $3,000
Can we afford to be so generous?
● $37 billion dollars is…
○ 1% of Total US Budget
■ 20% – Social Security
■ 19% – Defense
■ 15% – income security
■ 13% – medicare
■ 10% – health
■ 6% – net interest
■ 6% – other
■ 4% – education & training
■ 3% – veterans
■ 3% – transportation
■ 1% – foreign aid
● $3.075 billion
● Per Capita: $388
● GDP: $258.2 billion
● GNI Per Capita: $28,380
■ Afghanistan
● $2.327 billion
● Per Capita: $78
● GDP: $18.03 billion
● GNI Per Capita: $570
■ Pakistan
● $2.102 billion
● Per Capita: $12
● GDP: $231.2 billion
● GNI Per Capita: $1,260
■ Iraq
● $1.683 billion
● Per Capita: $52
● GDP: $210.3 billion
● GNI Per Capita: $5,870
■ Egypt
● $1.557 billion
● Per Capita: $19
● GDP: $257.3 billion
● GNI Per Capita: $3,000
Can we afford to be so generous?
● $37 billion dollars is…
○ 1% of Total US Budget
■ 20% – Social Security
■ 19% – Defense
■ 15% – income security
■ 13% – medicare
■ 10% – health
■ 6% – net interest
■ 6% – other
■ 4% – education & training
■ 3% – veterans
■ 3% – transportation
■ 1% – foreign aid
http://www.theblaze.com/stories/201...eign-aid-heres-a-chart-that-helps-explain-it/
@
