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The Financial Cost of the War

The following table is meant to provide some notion of various costs associated with waging World War I. The unit values are based on dollar figures and must be taken as estimates, in some cases very crude ones. The real interest lies in the names on the list and their comparative contributions to the war effort.

Table 1: Allied Powers

Allied Powers
Cost in Dollars in 1914-18
United States
22,600,000,000
Great Britain
35,300,000,000
France
24,300,000,000
Russia
22,300,000,000
Italy
12,400,000,000
Belgium
1,150,000,000
Romania
1,600,000,000
Japan
40,000,000
Serbia
400,000,000
Greece
270,000,000
Canada
1,600,000,000
Australia
1,400,000,000
New Zealand
380,000,000
India
601,000,000
South Africa
300,000,000
British Colonies
125,000,000
Others
500,000,000
Total of all costs
125,266,000,000



Table 2: Central Powers

Central Powers
Cost in Dollars in 1914-18
Germany
38,000,000,000
Austria-Hungary
21,000,000,000
Turkey
1,400,000,000
Bulgaria
815,000,000
Total of all costs
61,215,000,000