The analysis of Global In Kind Social Benefits to Households by Country in 2023 shows significant variation in spending as a percentage of GDP. Sweden leads with 19.15%, followed by the Netherlands and Denmark. Notable increases are seen in Spain and Costa Rica. The United States and Mexico lag behind with percentages around 6%. Year-on-year growth reveals substantial hikes in Spain, Costa Rica, and Italy. Over the past five years, average growth is marked by promising trends in these countries.
Future trends to watch include:
- Potential policy shifts in countries with recent growth such as Spain and Costa Rica.
- Comparative stability or adjustments in traditionally high-benefit countries like Sweden and Denmark.
- Impact of global economic conditions on lower-ranking countries' benefit allocations.
Top countries in In Kind Social Benefits to Households by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 19.15 | 2023 | +0.31% | +0.28% | View data |
| 2 | 2 Netherlands | 17.99 | 2023 | +0.9% | +1.79% | View data |
| 3 | 3 Denmark | 17.45 | 2023 | +0.1% | +0.22% | View data |
| 4 | 4 Belgium | 16.41 | 2023 | +0.75% | +1.68% | View data |
| 5 | 5 Spain | 16.31 | 2023 | +5.26% | +8.26% | View data |
| 6 | 6 Australia | 13.39 | 2023 | +0.0038% | +1.55% | View data |
| 7 | 7 Costa Rica | 12.6 | 2023 | +1.21% | +3.04% | View data |
| 8 | 8 Japan | 12.53 | 2023 | +0.64% | +0.81% | View data |
| 9 | 9 Italy | 12.42 | 2023 | +0.75% | +2.64% | View data |
| 10 | 10 Czech Republic | 12.39 | 2023 | +0.52% | +3.45% | View data |
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