Foreign aid or international aid is when one country helps another country through some form of donation. Usually this refers to helping out a country that has a special need caused by poverty, underdevelopment, natural disasters, armed conflicts, etc.
The United States is the world's largest contributor of foreign aid in absolute terms ($15.7 billion, 2003), but the smallest among developed countries as a percentage of its GDP (0.14% in 2003). However, private foreign aid donations in the United States are on the order of $35 billion a year (2003), dwarfing the governmental aid of not only the US but many other countries.
- The US and Foreign Aid Assistance
- USAid.gov Overview of US Aid Spending