U.S Financial Aid To Israel:
Figures, Facts, and Impact
Summary
Benefits to Israel of U.S. Aid
Since 1949 (As of November 1, 1997)
Foreign Aid Grants and Loans
$74,157,600,000
Other U.S. Aid (12.2% of Foreign Aid)
$9,047,227,200
Interest to Israel from Advanced Payments
$1,650,000,000
Grand Total
$84,854,827,200
Total Benefits per Israeli
$14,630
Cost to U.S. Taxpayers of U.S.
Aid to Israel
Grand Total
$84,854,827,200
Interest Costs Borne by U.S.
$49,936,680,000
Total Cost to U.S. Taxpayers
$134,791,507,200
Total Taxpayer Cost per Israeli
$23,240
Total U.S. aid to Israel is approximately one-third of the American foreign- aid budget, even though Israel comprises just .001 percent of the world's population and already has one of the world's higher per capita incomes. Indeed, Israel's GNP is higher than the combined GNP of Egypt, Lebanon, Syria, Jordan, the West Bank and Gaza. With a per capita income of about $14,000, Israel ranks as the sixteenth wealthiest country in the world; Israelis enjoy a higher per capita income than oil-rich Saudi Arabia and are only slightly less well-off than most Western European countries.