Which Country Spends The Most Money?

What does America spend the most money on?

As Figure A suggests, Social Security is the single largest mandatory spending item, taking up 38% or nearly $1,050 billion of the $2,736 billion total.

The next largest expenditures are Medicare and Income Security, with the remaining amount going to Medicaid, Veterans Benefits, and other programs..

Who travels the most in the world?

FinlandCountries Whose People Travel The MostRankCountryTotal Trips (average trips per person per year)1Finland7.502United States6.703Sweden6.004Denmark5.306 more rows•Mar 15, 2019

Which countries spend the most on tourism?

China, the country with the highest travel and tourism expenditure, has seen a large increase in outbound tourism. Between 2009 and 2015, the number of Chinese residents visiting the U.S. increased from around 520 thousand visitors to 2.59 million, this was forecasted to reach 5.72 million by 2021.

Which country has most expensive healthcare?

The United StatesThe United States has the most expensive healthcare system of any country. A medical consultation with a general practitioner costs, on average, $190 or around €170. A stay in hospital can result in bills amounting to tens or even hundreds of thousands of dollars.

Which age group spends the most money?

Between 45-54 Years – $64,781 in spending (64.6% of total income) This age range is notable because it has both the highest income and the highest spending.

What country do most tourists come from?

FranceFrance is the world’s number one destination for international tourists, the most recent figures from the UNWTO show. Almost 90 million people visited the country in 2018. Spain isn’t far behind, with over 82 million visitors. The United States, China and Italy complete the top five.

Which country spends the most?

United StatesListCountry/RegionYear1United States20162China20183Japan20164Germany201677 more rows

Who spends the most money?

In terms of money going out, the highest allocation goes to housing (22.1% of spending), while gas and insurance (9.0%), household (7.7%), and vehicles (7.5%) make up the next largest categories. Interestingly, the average U.S. household also says it is saving just short of $10,000 per year.

What do countries spend the most money on?

Every country spends money differently, but the largest expenditures are typically on defense, health, and education.

Which country is number 1 in healthcare?

1 – Spain. Coming in at number one is Spain. The country has an excellent healthcare system, with high quality care offered in both the public and private sector.

Which country has the highest purchasing power?

ChinaThe biggest nation on Earth, China, is expected to keep its top spot as the country with the largest purchasing power on Earth and is on track to more than double its purchasing power by 2060, according to the OECD.

Why Chinese tourists spend the most?

Due to a combination of factors such as the emergence of a newly rich Chinese middle class, easing travel restrictions by the Chinese authorities, simplified destination visa policies, and increasing numbers of direct flight connections from China, Chinese citizens became the largest contributors to the global outbound …

What country has the most advanced healthcare?

The U.S. ranks 15th.No. 8: Australia. … No. 7: Japan. … No. 6: United Kingdom. … No. 5: Germany. Best Health Care System Rank: 5. … No. 4: Norway. Best Health Care System Rank: 4. … No. 3: Sweden. Best Health Care System Rank: 3. … No. 2: Denmark. Best Health Care System Rank: 2. … No. 1: Canada. Best Health Care System Rank: 1.More items…

What country has the least money?

Ethiopia. • GNI per capita: $1,890.Chad. • GNI per capita: $1,920. … Rwanda. • GNI per capita: $1,990. … Afghanistan. • GNI per capita: $2,000. … Mali. • GNI per capita: $2,160. … Guinea. • GNI per capita: $2,180. … Benin. • GNI per capita: $2,260. … Solomon Islands. • GNI per capita: $2,270. … More items…•