Bilateral aid to Ukraine: Nordic and Baltic countries donate highest percentage of their GDP, U.S. and Germany spend most in absolute terms

Denmark donated the most significant percentage of its 2021 gross domestic product (GDP) to help Ukraine over the period between January 24, 2022, and June 30, 2024.

Denmark contributed 1.83 percent of its GDP in bilateral aid, followed by Estonia with 1.66 percent of GDP. Besides the Nordic and Baltic countries, Poland donated the largest share of GDP. Western countries sent aid to Ukraine in view of the Russian invasion that began in February 2022.

Who donated the most to Ukraine?

In absolute terms, the largest bilateral aid allocations to Ukraine were made by the United States, at over 75 billion euros as of June 30, 2024. European Union (EU) institutions, such as the European Commission and the European Council, allocated the second-largest amount of assistance, at almost 40 billion euros. The United Kingdom (UK) was the fourth-leading source of bilateral aid.

EU aid to Ukraine

The EU has supported Ukraine with over 17 billion euros in financial assistance since 2014 as of January 2022. Of them, the largest share of aid has been provided as additional loans from the European Investment Bank (EIB) and the European Bank of Reconstruction and Development (EBRD). Among EU members, Germany allocated the largest amount of bilateral aid to Ukraine from January 24, 2022, at around 15 billion euros, while Denmark allocated the largest share of GDP.