When Russia launched its military invasion of Ukraine on Feb. 24, 2022, experts and analysts predicted that Russia, given its perceived military superiority, would prevail and the conflict would be over in a matter of weeks. Russia’s annual defense spending is 10 times that of Ukraine, and its standing army is nearly five times larger. Yet, now, more than a year later, the conflict is still ongoing and Ukraine has wrested back territory previously occupied by Russian forces. (Here is a look at how Russian and Ukrainian military spending compares to the world.)
Ukraine’s unexpected success up to this point is attributable not only to the resolve of its resistance fighters, but also to the substantial aid and assistance flowing in from around the world. Countries and multilateral institutions from East Asia to Western Europe and North America have sent over $90 billion in humanitarian, military, and financial aid in support of the Ukrainian resistance so far this year.
Using data compiled by the Kiel Institute for the World Economy, a globalization research firm based in Germany, 24/7 Wall St. identified the countries that have given the most aid to Ukraine in 2022. Each of the 25 countries on this list gave at least $100 to Ukraine last year.
The vast majority of countries on this list – 18 out of 25 – are members of the European Union. Due to their geographic proximity to the fighting in Ukraine, European nations have a vested interest in not allowing Russia’s expansionist ambitions to go unchecked. EU member states and institutions have given nearly $30 billion in aid to Ukraine so far this year.
Still, the vast majority of support to Ukraine so far has come from the United States, which, to date, has given more than all other nations combined. The U.S. has far and away the largest military budget in the world, and as a result, is best positioned to offer the most support to Ukraine – particularly as it wages war against a nuclear super power that has historically been a chief geopolitical rival of the United States. (Here is a look at all of the weapons the U.S. has committed to Ukraine since the invasion.)
Click here to see the countries sending the most aid to Ukraine.
Click here to read our detailed methodology.
25. Switzerland
> Total value of aid to Ukraine in 2022: $101.40 million
> Value of financial aid to Ukraine in 2022: None
> Value of humanitarian aid to Ukraine in 2022: $101.40 million
> Value of military aid to Ukraine in 2022: None
[in-text-ad]
24. Finland
> Total value of aid to Ukraine in 2022: $153.37 million
> Value of financial aid to Ukraine in 2022: $79.62 million
> Value of humanitarian aid to Ukraine in 2022: $45.13 million
> Value of military aid to Ukraine in 2022: $28.62 million
24/7 Wall St.
23. Greece
> Total value of aid to Ukraine in 2022: $157.74 million
> Value of financial aid to Ukraine in 2022: None
> Value of humanitarian aid to Ukraine in 2022: None
> Value of military aid to Ukraine in 2022: $157.74 million
22. Belgium
> Total value of aid to Ukraine in 2022: $208.28 million
> Value of financial aid to Ukraine in 2022: None
> Value of humanitarian aid to Ukraine in 2022: $114.49 million
> Value of military aid to Ukraine in 2022: $93.78 million
[in-text-ad-2]
21. Slovakia
> Total value of aid to Ukraine in 2022: $211.56 million
> Value of financial aid to Ukraine in 2022: None
> Value of humanitarian aid to Ukraine in 2022: $4.88 million
> Value of military aid to Ukraine in 2022: $206.67 million
20. Lithuania
> Total value of aid to Ukraine in 2022: $238.53 million
> Value of financial aid to Ukraine in 2022: $4.88 million
> Value of humanitarian aid to Ukraine in 2022: $50.80 million
> Value of military aid to Ukraine in 2022: $182.85 million
[in-text-ad]
19. Portugal
> Total value of aid to Ukraine in 2022: $256.23 million
> Value of financial aid to Ukraine in 2022: $244.22 million
> Value of humanitarian aid to Ukraine in 2022: $1.17 million
> Value of military aid to Ukraine in 2022: $10.83 million
24/7 Wall St.
18. Estonia
> Total value of aid to Ukraine in 2022: $257.01 million
> Value of financial aid to Ukraine in 2022: None
> Value of humanitarian aid to Ukraine in 2022: $4.86 million
> Value of military aid to Ukraine in 2022: $252.16 million
17. Australia
> Total value of aid to Ukraine in 2022: $292.59 million
> Value of financial aid to Ukraine in 2022: None
> Value of humanitarian aid to Ukraine in 2022: $52.12 million
> Value of military aid to Ukraine in 2022: $240.48 million
[in-text-ad-2]
16. Latvia
> Total value of aid to Ukraine in 2022: $306.97 million
> Value of financial aid to Ukraine in 2022: $14.65 million
> Value of humanitarian aid to Ukraine in 2022: $1.34 million
> Value of military aid to Ukraine in 2022: $290.98 million
15. Spain
> Total value of aid to Ukraine in 2022: $339.50 million
> Value of financial aid to Ukraine in 2022: $195.38 million
> Value of humanitarian aid to Ukraine in 2022: $89.90 million
> Value of military aid to Ukraine in 2022: $54.22 million
[in-text-ad]
14. Denmark
> Total value of aid to Ukraine in 2022: $378.38 million
> Value of financial aid to Ukraine in 2022: $49.18 million
> Value of humanitarian aid to Ukraine in 2022: $36.52 million
> Value of military aid to Ukraine in 2022: $292.68 million
24/7 Wall St.
13. Czech Republic
> Total value of aid to Ukraine in 2022: $381.69 million
> Value of financial aid to Ukraine in 2022: None
> Value of humanitarian aid to Ukraine in 2022: $106.47 million
> Value of military aid to Ukraine in 2022: $275.22 million
12. Sweden
> Total value of aid to Ukraine in 2022: $496.33 million
> Value of financial aid to Ukraine in 2022: $137.61 million
> Value of humanitarian aid to Ukraine in 2022: $91.14 million
> Value of military aid to Ukraine in 2022: $267.58 million
[in-text-ad-2]
11. Netherlands
> Total value of aid to Ukraine in 2022: $534.67 million
> Value of financial aid to Ukraine in 2022: $340.45 million
> Value of humanitarian aid to Ukraine in 2022: $26.69 million
> Value of military aid to Ukraine in 2022: $167.53 million
10. Austria
> Total value of aid to Ukraine in 2022: $547.50 million
> Value of financial aid to Ukraine in 2022: $9.77 million
> Value of humanitarian aid to Ukraine in 2022: $534.20 million
> Value of military aid to Ukraine in 2022: $3.53 million
[in-text-ad]
9. Japan
> Total value of aid to Ukraine in 2022: $598.46 million
> Value of financial aid to Ukraine in 2022: $592.84 million
> Value of humanitarian aid to Ukraine in 2022: $5.55 million
> Value of military aid to Ukraine in 2022: None
24/7 Wall St.
8. Italy
> Total value of aid to Ukraine in 2022: $675.66 million
> Value of financial aid to Ukraine in 2022: $498.22 million
> Value of humanitarian aid to Ukraine in 2022: $30.91 million
> Value of military aid to Ukraine in 2022: $146.54 million
7. France
> Total value of aid to Ukraine in 2022: $1.12 billion
> Value of financial aid to Ukraine in 2022: $781.52 million
> Value of humanitarian aid to Ukraine in 2022: $126.65 million
> Value of military aid to Ukraine in 2022: $210.55 million
[in-text-ad-2]
6. Norway
> Total value of aid to Ukraine in 2022: $1.36 billion
> Value of financial aid to Ukraine in 2022: $1.01 billion
> Value of humanitarian aid to Ukraine in 2022: $34.78 million
> Value of military aid to Ukraine in 2022: $311.66 million
5. Poland
> Total value of aid to Ukraine in 2022: $2.88 billion
> Value of financial aid to Ukraine in 2022: $994.22 million
> Value of humanitarian aid to Ukraine in 2022: $100.65 million
> Value of military aid to Ukraine in 2022: $1.78 billion
[in-text-ad]
4. Canada
> Total value of aid to Ukraine in 2022: $2.97 billion
> Value of financial aid to Ukraine in 2022: $1.77 billion
> Value of humanitarian aid to Ukraine in 2022: $288.17 million
> Value of military aid to Ukraine in 2022: $909.59 million
3. Germany
> Total value of aid to Ukraine in 2022: $3.22 billion
> Value of financial aid to Ukraine in 2022: $1.12 billion
> Value of humanitarian aid to Ukraine in 2022: $928.06 million
> Value of military aid to Ukraine in 2022: $1.17 billion
2. United Kingdom
> Total value of aid to Ukraine in 2022: $6.50 billion
> Value of financial aid to Ukraine in 2022: $2.49 billion
> Value of humanitarian aid to Ukraine in 2022: $356.98 million
> Value of military aid to Ukraine in 2022: $3.65 billion
[in-text-ad-2]
1. United States
> Total value of aid to Ukraine in 2022: $51.10 billion
> Value of financial aid to Ukraine in 2022: $14.83 billion
> Value of humanitarian aid to Ukraine in 2022: $9.27 billion
> Value of military aid to Ukraine in 2022: $27.01 billion
Methodology
To identify the countries giving the most aid to Ukraine, 24/7 Wall St. reviewed data compiled by the Kiel Institute for the World Economy, globalization research firm based in Germany. The report’s full citation is as follows: Antezza, A., Bushnell, K., Frank, A., Frank, P., Franz, L., Kharitonov, I., Kumar, B., Rebinskaya, E. & Trebesch, C. (2022). “The Ukraine Support Tracker: Which countries help Ukraine and how?” Kiel Working Paper, No. 2218, 1-65.
All support documented in the report was either delivered or obliged between Jan. 24 and Oct. 3, 2022. All funds in the report are listed in euros and were converted to dollars using the exchange rate as of Oct. 19, 2022. Aid delivered by multilateral organizations and international institutions were not considered.
The report breaks down the aid into three categories: military, humanitarian, and financial. Definitions of the three categories are outlined in the report as follows: “Military assistance includes all types of weapons and military equipment alongside items donated to the Ukrainian army as well as financial assistance tied for military purposes. Humanitarian aid refers to assistance supporting the civilian population (mainly food, medicines, and other relief items). Financial assistance includes grants, loans, guarantees and swap-lines.”
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
