World Stats Ghana received $400,000 in military aid from the US in 2014

Of the top 10 recipients, two countries received 75% of the $5.9 billion. Take a look on the map below to see who is getting the most foreign military financing from the U.S.

  • Published: , Refreshed:
24/7 Live - Subscribe to the Pulse Newsletter!

The U.S. Spends $5.9 Billion on Foreign Military Financing.According to the U.S. State Government 2013-2015 Foreign Assistance report, an estimated $5.9 billion was spent on foreign military funding alone in fiscal year 2014.

 This is equivalent to 17% of the estimated $35 billion spent on total global aid discussed in our previous article. U.S. foreign military aid to countries ranged from $200,000 to $3.1 billion.

Of the top 10 recipients, two countries received 75% of the $5.9 billion. Take a look on the map below to see who is getting the most foreign military financing from the U.S.

Ghana, for her part, received  only $400,000 from the United states in Military Support out of the 1.357 billion dollars spent on the entire African continent. Egypt received the highest, getting 1.3 billion dollars out of the the total African allocation.

Below is a ranking of the the top 10 recipients and their respective world regions.

  • Israel: $3.1B (Middle East)

  • Egypt: $1.3B (Africa)

  • Iraq: $300M (Middle East)

  • Jordan: $300M (Middle East)

  • Pakistan: $280M (Asia)

  • Lebanon: $75M (Middle East)

  • Philippines: $50M (Asia)

  • Colombia: $29M (Latin America)

  • Tunisia: $20M (Africa)

Research conducted by the World Bank shows that the on average, countries spend approximately 2.2% of GDP on the military. Israel, Iraq, Jordan and Pakistan allocated above average spending towards their military in 2014. The data shows that each country spent approximately 5.2%, 4.3%, 3.5%, and 3.4% of GDP, respectively, on military expenditures. These countries are also part of the top 5 recipients of U.S. foreign military financing, totaling $4.0 billion. 

Funding by World Region

Approached from a different perspective, approximately 87% of the $5.9 billion was distributed among two of five world regions. The Middle East tops this list, followed by Africa.

  • Middle East: 64%

  • Africa: 23%

  • Asia: 7%

  • General Programs: 4%

  • Europe: 1%

  • Latin America: 1%

An interesting point to note is that while the Latin American region received only 1% of foreign military financing, Colombia made the top 10 list with $28 million. The second highest recipient in Latin America was Mexico, with $7 million of U.S. funding.

On the other hand, Africa received roughly 23% of military aid; however, five African countries made the bottom of the list, receiving $200,000 each (Cote d’Ivoire, Guinea, Botswana, Tanzania, and Uganda). Of the 74 countries that received U.S. foreign military funding, not all received aid in proportion to its geographic region.

Past, Present, and Future

Allocation of foreign military financing may differ over time as the social, economic, and political climate changes across the globe. In the past three years; however, foreign military financing has been relatively consistent, with $5.7 and $5.9 billion distributed in 2013 and 2014, respectively, and $5.6 billion requested in 2015.

Additionally, Israel, Egypt, Iraq, Jordan, and Pakistan made the top 5 in all three years, receiving roughly the same amount of aid year over year. It is difficult to predict future foreign military financing allocations; however, if remaining consistent, five countries will receive approximately 89% of these distributions, leaving 69 other countries to receive the remaining 11% of funds

Source: Howmuch

Recommended Articles

Recommended Videos





Top Articles

1 Video Soldier detained for leaking Flagstaff House brutality videobullet
2 SONA President Akufo-Addo presents maiden State of the Nation Addressbullet
3 Assault OccupyGhana demands justice for lady stripped naked in Kumasibullet
4 State of the Nation Address Policeman heckles GTV cameraman during...bullet
5 Kejetia Assault Case 20 suspects rounded upbullet
6 Contempt of Court Governor of Bank of Ghana, 2 others cited...bullet
7 Assault Police must crack this case- Otiko Djababullet
8 State of the Nation Address Nana Addo condemns unlawful...bullet
9 Judiciary William Atuguba is acting Chief Justicebullet
10 COCOBOD Matters Government freezes Opuni’s bank accountsbullet

Top Videos

1 Video Police officer attacked at Flagstaff Housebullet
2 Meet "The Beast" President Obama's Cadillac that's more tank than carbullet
3 Video Taxi driver terrified after an encounter with a ghostbullet
4 Obinim What happen'd when we fact checked Obinim's Bible knowledgebullet
5 Refugee Ghanaian to lose fingers after 7-hour trek to cross US...bullet
6 Vitiligo Enam Honya - is challenging what you think about beautybullet
7 Watch Kumchacha delivers Counselor Lutterodt from 'demons'bullet
8 Kwame Nkrumah Interchange Water leaks from hole in wall at...bullet
9 In Zimbabwe President Mugabe’s 70 year-old aide marries...bullet
10 News On The Go NDC manifesto ready - Asiedu Nketiabullet

News