how much did germany have to pay in reparations after world war 1
World War I reparations The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required Germany to pay 132Â billion gold marks (US$33 billion) in reparations to cover civilian damage caused during the war. This figure was divided into three categories of bonds: A, B, and C. Of these, Germany was required to pay towards 'A' and 'B' bonds totaling 50 billion marks (US$12.5 billion) unconditionally. The payment of the remaining 'C' bonds was interest free and contingent on the Weimar Republic's ability to pay, as was to be assessed by an Allied committee.
Economic history of World War I The Allies had much more potential wealth they could spend on the war. One estimate (using 1913 US dollars) is that the Allies spent $147 billion on the war and the Central Powers only $61 billion. Among the Allies, Britain and its Empire spent $47 billion and the U.S. $27 billion (America joined after the war started) while among the Central Powers, Germany spent $45 billion.[2]