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Luxembourg made the largest contribution as a percentage of gross national income (GNI) at 1.05% and the United Nations’ ODA target of 0.7% of GNI was also exceeded by Norway (1.02%), Sweden (0.99%) and Denmark (0.71%). [1] The European Union accumulated a higher portion of GDP as a form of foreign aid than any other economic union. [2]
Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits." [12]
This is a list of countries by total number of peacekeepers contributed to United Nations operations based on United Nations reporting as of 29 February 2024. [ 1 ] List
The United States is the largest provider of financial contributions to the United Nations, providing 27.89 [1] percent of the UN assessed peacekeeping budget of $6.38 billion for fiscal year 2020 (China and Japan contributed 15.2 percent and 8.5 percent, respectively).
The Geneva Group was founded in 1964 at the initiative of the United States and the United Kingdom to facilitate exchanges on United Nations budget and management issues. The Group was created around the time when membership in the United Nations was increasing quickly, from the original 76 members to 113 members in 1963.
In 2019 six countries met the longstanding UN target for an ODA/GNI ratio of 0.7%. The ratios of the five most generous donors in this sense, and the five highest-volume donors, are shown in the chart below. In 2021, the UK reduced its annual aid budget from 0.7% of gross national income to 0.5%. [15]
In 2021, it contributed $39.6 million to the regular budget. [6] By increasing its contribution, Turkey gained membership of the Geneva Group in 2014. [7] The Geneva Group consists of the largest budgetary contributors to the United Nations and focusses on the efficiency of the UN as well as its administrative and financial policies. [8]
The regular budget of the United Nations is financed through compulsory contributions from its member states. Turkey's contribution as percentage of the UN regular budget has increased the past decade. In 2012, the contribution was 0.617% of the UN regular budget. This number increased to 1,328% for the 2019–2021 term. [3]