Latvia ranks first in aid to Ukraine by GDP share

Latvia has ranked first among the countries that have donated the most to Ukraine in relation to the country's gross domestic product (GDP), Foreign Minister Edgars Rinkēvičs said on Twitter October 12.

According to data from the Kiel Institute for World Economy, Latvia has donated 0.9% of the country's GDP to Ukraine from January 24 to October 3 this year. Estonia ranks second with 0.8% of its GDP, while Poland, with 0.5% of the country's GDP, ranks third among the most active donors.

Latvia has donated EUR 314 million, which is the 16th highest indicator in the world. Most of Latvia's donation, €298 million, is directly for military purposes, the eight-highest figure in the world.

 

Estonia has donated €263 million in total. About €258 million was channeled to military aid. Poland has committed nearly €3 billion, where the majority, or €1.82 billion, was channeled to military aid. Poland also provided financial assistance to Ukraine of more than one billion.

Neighbouring Lithuania ranks fourth with a donated €244 million, where €187 million was diverted to military aid.

Overall, the European Union (EU) countries have donated €16.2 billion to Ukraine. The largest share, or €12.3 billion, is financial support for Ukraine, while €2.5 billion was diverted for military purposes.

Most, or €52.3 billion, has been donated to Ukraine by the US. The largest aid was directed to the military, contributing €27.6 billion. Financial assistance amounted to €15.2 billion, while humanitarian aid amounted to €9.5 billion.

 

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