5 Countries that Spend the Most on Welfare

In this article, we will discuss the 5 countries that spend the most on welfare. If you want to read our analysis, you can proceed to the section highlighting the 20 Countries that Spend the Most on Welfare.

5. Belgium

Social Expenditure as a Percentage of GDP in 2022: 29.00%

GDP in 2023: $627.51 Billion

GDP per Capita in 2023: $53,660

Belgium aims to provide all residents with robust social programs that bolster wellness. Its healthcare guarantees each person receives necessary medical aid, while unemployment benefits and family support protect against life’s uncertainties.

4. Finland

Social Expenditure as a Percentage of GDP in 2022: 29.00%

GDP in 2023: $305.69 Billion

GDP per Capita in 2023: $54,510

In Finland, equality of opportunity and social cohesion rank among top government objectives. The government aims to maintain basic living standards and provide economic stability for every citizen regardless of personal circumstances.

3. Austria

Social Expenditure as a Percentage of GDP in 2022: 29.40%

GDP in 2023: $526.18 Billion

GDP per Capita in 2023: $58,010

Austria ranks among the countries that spend the most on welfare. Austria’s social welfare ensures medical treatment for every resident, heavily subsidizes preschool childcare options to support working parents, and maintains an insurance-based public pension system for retirees.

2. Italy

Social Expenditure as a Percentage of GDP in 2022: 30.10%

GDP in 2023: $2.19 Trillion

GDP per Capita in 2023: $37,150

The Italian welfare state guarantees universal healthcare, education through university-level degrees, and unemployment subsidies during economic hardship periods. Governments have prioritized social programs to cultivate national solidarity and mitigate the impacts of income inequalities in society.

1. France

Social Expenditure as a Percentage of GDP in 2022: 31.60%

GDP in 2023: $3.05 Trillion

GDP per Capita in 2023: $46,320

France’s social welfare system has existed for generations, guaranteeing its people access to necessities. All residents receive affordable medical care, education through college, and financial support in retirement or difficult times. A substantial share of the nation’s wealth goes toward public programs enhancing life quality and safety net coverage for all.

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