The institute was founded in 1964 by the City of
Hamburg and the Hamburg business community as the German Overseas Institute
(Deutsche Übersee Institute), or DÜI, an umbrella organisation for the Institute of Asian Affairs, the German Orient Institute, the Institute of Latin American Affairs, and the Institute of African Affairs. As a consequence of an evaluation of the DÜI in 2004, the institute renamed itself GIGA German Institute of Global and Area Studies in 2006; in May 2020 the name was changed to German Institute for Global and Area Studies. GIGA is no longer part of the name, but is still used as an acronym. In 2007, the Institute underwent a transformation that saw the previously relatively autonomous regional institutes unite as the German Institute for Global and Area Studies
(Leibniz-Institut für Globale und Regionale Studien). Only the German Orient Institute did not take part in the fusion. However, the GIGA had already hired many of its employees. The GIGA collaborates with numerous universities, research institutes, and expert associations around the world. It is represented on the boards of various academic networks, particularly those related to Africa, Asia, Latin America, and the Middle East. The GIGA is a foundation under civil law and is based in Hamburg. It is jointly funded by the Federal Foreign Office, the Hamburg Ministry of Science and Research, and the other federal states. The GIGA also receives external funding, which accounts for around 25 percent of the total budget. Since 2024, Sabine Kurtenbach has been the president (ad interim) of the GIGA. Together with the president, the GIGA executive board comprises Asia researcher Patrick Köllner (GIGA vice president), Middle East academic Eckart Woertz, Africa academic Matthias Basedau, Latin-America researcher Merike Blofield, and Managing Director Peter Peetz. ==International Networks==