The US currently gives around 0.16% of its GDP in foreign aid, which amounts to around $16 billion or 0.55% of the federal budget. This is significantly lower than what most Americans estimate, and is the lowest percentage of GDP given by advanced nations, whose average is 0.22% of GDP. Increasing US foreign aid to the UN recommended level of 0.44% of GDP could help achieve goals like reducing extreme poverty, child mortality, and increasing education access set out in the Millennium Declaration.