Ukraine War Costs On The Scale Of Vietnam And Afghanistan For The US #russiaukrainewar #ukraine

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According to a recent study conducted by Germany’s Kiel Institute for the World Economy (IfW), the United States has expended over fifty percent of the average annual aid it provided during the Vietnam War period from 1965-1975 in Ukraine, within just a year of the Russia-Ukraine war, without deploying any troops to the ground.

The study found that between January 24, 2022, and January 15, 2023, the US military aid to Ukraine touched €44.34 billion (approximately $47 billion), compared to the average annual expenditure of €86.55 billion (roughly $92 billion) in Vietnam during the war period. This significant difference in the scale of support across countries, both in absolute terms and as a percent of the donor country’s Gross Domestic Product (GDP), indicates the US as the largest single bilateral supporter of Ukraine.

The IfW study highlights that in terms of percentage of GDP, the US military aid to Ukraine has already reached a quarter of its expenditure in Vietnam. The study found that US military spending in Ukraine is 0.21 percent of its GDP compared to the annual average in Vietnam, which was 0.96 percent of GDP at the time, during 1965-75.

The Ukraine Support Tracker initiative by IfW tracks military, financial, and humanitarian aid to Ukraine by 40 governments in the aftermath of Russia’s invasion of Ukraine. The recent findings of the study will be crucial in understanding the global economic impact of the ongoing conflict in Ukraine and the efforts being taken to provide support to the country.

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