An analysis of the wealthiest nations has revealed a downward trend in charitable giving, a major new study has revealed.
The report, published by the Charities Aid Foundation (CAF), surveyed more than 1.3 million people across the world, providing a global perspective on domestic giving behaviour.
According to the study, the UK ranked seventh in the table of 128 countries, with more than five out of 10 Brits helping a stranger, giving money or volunteering for a good cause over the past month.
In total, 60 per cent of Britons said they helped a stranger, while 71 per cent said they gave charitably and 30 per cent said they volunteered for a not-for-profit organisation.
Despite the enthusiasm in the UK to help those less fortunate, the study reveals a recent downward trend in key countries with “long histories of philanthropy and household charitable giving”, such as the UK, USA, Canada, Ireland and the Netherlands.
The report authors also found that levels of individual giving are now lower than they were in the aftermath of the 2008 financial crash.
The top 10 countries for giving
- USA – 58 per cent
- Myanmar – 58 per cent
- New Zealand – 57 per cent
- Australia – 56 per cent
- Ireland – 56 per cent
- Canada – 55 per cent
- UK – 54 per cent
- Netherlands – 53 per cent
- Sri Lanka – 51 per cent
- Indonesia – 50 per cent
Commenting on the figures, John Low, Chief Executive of CAF, said: “We are once again reminded of the kindness and generosity of people across the world as they dig deep despite uncertain times and significant geopolitical unrest to give their time and money to help others.
“In taking a step back and looking at giving trends over 10 years, we have created what we hope will serve as a roadmap to continue to grow giving in all its forms across the globe. There are areas of concern, but also key moments of hope in parts of the world that have overcome true hardship.
“We know that there is no single solution to success. It is about hard work, shared values and knowing in ourselves the inherent benefit to all of us when we work to improve the lives of our friends and neighbours, and strangers who need our help.”
Click here to access the study.