World War I reparations
Summary

World War I reparations

Section Title: Summary
Table Section Text: None

Event	German gold marks (billions)	U.S. dollars (billions)	2019 US$ (billions)

Initial German offer, 24 April 1921	50 (capital value) or 200 in annuities (nominal value)	12.5 – 50	176 – 664

London Schedule of Payments, 5 May 1921	132	33	439

A and B Bonds, of the above payment scheme	50	12.5	166

Young Plan, 1929	112	26.35	364

Total German payment made by 1932	19–20.5	4.75 – 5.12	87 – 89

Sentence(s)

The London Schedule of Payments of May 5, 1921 established at 132 billion gold marks.
The London Schedule of Payments, May 5, 1921 with the liability of Germany, of 132 billion gold marks.

final_sentence: The London Schedule of Payments of May 5, 1921 established at 132 billion gold marks.
final_sentence: The London Schedule of Payments, May 5, 1921 with the liability of Germany, of 132 billion gold marks.