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FX.co ★ Germany regains title of biggest contributor to EU budget

Germany regains title of biggest contributor to EU budget

Germany regains title of biggest contributor to EU budget

Germany has once again emerged as the leading contributor to the European Union budget. According to a study by the German Economic Institute (IW), in 2023, Germany's contributions to the EU budget exceeded its receipts by €19.7 billion, making the country the primary donor to the overall EU budget.

France follows as the second largest contributor, having paid nearly €9 billion more than it received in 2023. Italy ranks third, with a contribution of €4.5 billion.

Poland was the largest net recipient of EU funds last year, as it was in 2022, receiving €8.2 billion.

In May, it was revealed that contributions from 11 EU member states accounted for three-quarters of the bloc’s budget revenue since 2000. Germany, France, and Italy contributed the most, analysts noted.

As of 2024, the EU budget received €143 billion, of which €137 billion came directly from member states' contributions. Among the largest donors were Germany (€30.3 billion), France (€23.5 billion), and Italy (€17.3 billion).

The EU budget has totaled €3.13 trillion since 2000, with Germany, France, and Italy playing pivotal roles in its funding. During this period, Germany allocated €569.1 billion, France - €471.2 billion, and Italy - €351.8 billion.

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