7 Countries with the Highest Welfare Spending

A lot of people are searching for countries with the highest welfare spending because they know how it can be important and beneficial for them in the long run. There are some countries that have dramatically lessened their welfare spending over the past years but there are still some that are still going through with providing what people need. There are countries with the highest standard of living that do not necessarily spend high on welfare.

It seems that not all rich countries do a lot of welfare spending. There are even some poor countries whose main GDP are spent on welfare. Usually, when countries lessen on their welfare spending, they do it slowly but Greece made it a point to dramatically reduce their welfare spending a few years back.

Countries with the Highest Welfare Spending

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It seems that there is some speculation about welfare spending because as countries experience more recession and problems, welfare spending tends to go up because the government aims to help people who are in dire need of help to keep up with their standard way of living. At times when people do not need it that much, welfare spending reduces as well.

Yet there are some countries all over the world that will be able to provide a good way of life because they are the countries with the highest welfare spending. Here are the top countries for that…

7. Denmark

The welfare benefits that can be given by Denmark can be extraordinary as compared to other countries that are not on this list. While they usually get the money that they spend on welfare on the high taxes that they get from the citizens, people usually know that their money is being put to good use. One of the most important values in Denmark is equality so everyone should be treated equally.

Countries with the Highest Welfare Spending

 

6. Finland

One thing that can be said about Finland, is that it has a high education system. Going to school here is also free so everyone is entitled to free education. No need to worry if students will go hungry the whole day because free meals can also be provided. Living in Finland can be considered peaceful especially because everyone is treated equally.

Countries with the Highest Welfare Spending

 

5. Sweden

The thing about Sweden is that even though it spends a lot on welfare, its debt also runs pretty high. There are a lot of things that are being controlled by the government to supposedly help the economy and at the same time, use the money for welfare correctly.

Countries with the Highest Welfare Spending

 

4. Belgium

When it comes to social security benefits, Belgium is considered to be one of the best that can provide the things that people need. A lot of the welfare goes to people who have reached their golden years. A lot of the country’s budget goes to welfare which is the reason why some people think that welfare can sometimes be unnecessary.

Countries with the Highest Welfare Spending

 

3. Canada

While the economy of Canada can be considered a free market economy, the welfare that the country of Canada can give out to its citizens is widespread. Citizens can expect that they will get health care benefits and even some help in order for them to stay healthy. It can also be very helpful that a lot of Canadians are open minded and this is just one of the benefits together with it being one of the countries with highest welfare spending.

Countries with the Highest Welfare Spending

 

2. Ireland

If there is one thing that the welfare of Ireland goes to, it usually goes to unemployment. A lot of people there get welfare because they are unemployed. There is a huge percentage from the GDP of this country that goes to welfare alone which makes it one of the countries that spend a lot on people’s welfare.

Countries with the Highest Welfare Spending

 

1. New Zealand

One thing that can be said about New Zealand is that it has everything that citizens could possibly need. It can offer all types of welfare depending on what people need or what people are searching for. Whether it is health care that is needed or for unemployment, New Zealand will be able to provide.

Countries with the Highest Welfare Spending

These are just some of the countries with highest welfare spending. People who usually get to know about this cannot help but think if they could actually benefit by moving to these places for good. These countries may be able to provide them what their previous countries were not able to give over the past years.