International aid fell in 2024 for first time in five years – and is expected to get worse Foreign aid spending by 24 countries, including the US, UK and European Union, fell by more than $15bn last year – before the impact of huge cuts by Donald Trump have taken effect.

Spending on international aid by wealthy countries fell in 2024 for the first time in five years, data shows.

Funding from the Development Assistance Committee – a group of 24 territories that includes the US, UK, Australia, and EU member-states – fell by 7.1 per cent year-on-year, down $15.7bn, preliminary 2024 data published by the OECD on Wednesday shows.

This trend is expected to increase significantly as the US cuts huge swathes of its aid spending and other countries, including the UK, redirect aid money into other areas including defence