Blog > Infographics > How Countries Spend Their Money

How Countries Spend Their Money

View Comments
Share


Each country has its own spending needs that vary with the priorities of the populace, the size of the population, the age of the population and the political involvements of that country. Some of the largest expenditures of governments are the military, health care and education.

Military

Military spending is important to most nations, with each country spending to its own need and ability. Canada spends 6.3 percent of its total yearly budget on military spending. The United States spends 19.3 percent of its budget on military expenses. Mexico uses 3.3 percent of its budget for military spending.

Nicaragua spends 3.2 percent of its yearly budget on military expenses. In Columbia, military spending is 11.9 percent of its annual budget. Argentina military spending is 5.9 percent of its yearly budget.

In Scandinavia and Europe, military spending is relatively low. Norway spends 4.8 percent of its budget on military spending, while its neighbor Sweden spends 4.3 percent of its budget on the military. In the U.K., military spending is 6.3 percent of the yearly expenditure. In Germany, military spending is 3.3 percent. In France, military spending is 5.4 percent of France’s yearly budget. Italy uses 4.5 percent of its annual budget for military spending. The annual military spending of Spain is 4.2 percent.

In the Middle East, the level of military spending is generally higher than in Europe. In the United Arab Emirates, military spending makes up 45.7 percent of the country’s annual budget. In Iran, military spending is 21.7 percent of its allocated budget. The military expenditure of Pakistan is 23.1 percent of all its yearly expenditures.

Morocco spends 13.6 percent of its annual budget on military expenditures. The military of South Africa is 4.8 percent of its budget. In India, military spending is 18.6 percent of its total spending. Thailand spends 7 percent of its money on its military. Indonesia sends 6.5 percent of its budget in the military.

Australia spends 7.1 percent of its budget on its military. New Zealand military spending is 3.1 percent of the New Zealand yearly budget. In China, 18.2 percent of the annual budget is spent on military expenses. South Korea spends 12 percent of its total yearly expenditures on the military. In Japan, the military spending percentage is 6.4 percent of the country’s annual budget. Russia spends 18.7 percent of its annual budget on the military.

Heath Care

Canada spends 17.9 percent of its total yearly budget on health care. The United States spends 19.3 percent of its budget on health care expenses. Mexico uses 11.8 percent of its budget for health care.

Nicaragua spends 17 percent of its yearly budget on health care. In Columbia, health care spending is 17 percent of its annual budget. Argentina health care spending is 14.2 percent of its yearly budget.

Norway spends 17.9 percent of its budget on health care spending, while its neighbor Sweden spends 13.8 percent of its budget on health care. In the U.K., health care spending is 16.3 percent of the yearly expenditure. In Germany, health care spending is 17.9 percent. In France, health care spending is 16.7 percent of France’s yearly budget. Italy uses 14.2 percent of its annual budget for health care spending. The annual health care spending of Spain is 15.5 percent.

In the United Arab Emirates, health care spending makes up 8.7 percent of the country’s annual budget. In Iran, health care spending is 11.5 percent of its allocated budget. The health care expenditure of Pakistan is 1.3 percent of all its yearly expenditures.

Morocco spends 4.8 percent of its annual budget on health care expenditures. The health care of South Africa is 9.1 percent of its budget. In India, health care spending is 3.4 percent of its total spending. Thailand spends 11.3 percent of its money on its health care. Indonesia sends 6.2 percent of its budget in the health care.

Australia spends 17 percent of its budget on its health care New Zealand health care spending is 18.4 percent of the New Zealand yearly budget. In China, 9.9 percent of the annual budget is spent on health care expenses. South Korea spends 11.7 percent of its total yearly expenditures on health care. In Japan, health care spending percentage is 17.9 percent of the country’s annual budget. Russia spends 10.8 percent of its annual budget on the health care.

Education

Canada spends 12.7 percent of its total yearly budget on education. The United States spends 17.1 percent of its budget on education expenses. Mexico uses 24.3 percent of its budget on education spending.

Nicaragua spends 15 percent of its yearly budget on education. In Columbia, education spending is 15.6 percent of its annual budget. Argentina education spending is 13.8 percent of its yearly budget.

Norway spends 16.2 percent of its budget on education spending, while Sweden spends 12.8 percent of its budget on education. In the U.K., education spending is 11.5 percent of the yearly expenditure. In Germany, education spending is 9.5 percent. In France, education spending is 11.4 percent of France’s yearly budget. Italy uses 10.3 percent of its annual budget for education spending. The annual education spending of Spain is 11.3 percent of its budget.

In the United Arab Emirates, education spending makes up 22.5 percent of the country’s annual budget. In Iran, education spending is 17.7 percent of its allocated budget. The education expenditure of Pakistan is 7.8 percent of all its yearly expenditures.

Morocco spends 26.4 percent of its annual budget on education expenditures. The education of South Africa is 18.5 percent of its budget. In India, education spending is 12.7 percent of its total spending. Thailand spends on education.

Australia spends 13.3 percent of its budget on education. New Zealand education spending is 15.1 percent of the New Zealand yearly budget. In China, 12.1 percent of the annual budget is spent on education expenses. South Korea spends 15.5 percent of its total yearly expenditures on the education. In Japan, the education spending percentage is 10.5 percent of the country’s annual budget. Russia spends 11.5 percent of its annual budget on the education.

Posted by: admin     Tags: , ,

related visualeconomic articles

related article
Timeline Of The New Healthcare Bill
related article
Health Savings Accounts Get Even Better
related article
Government Programs To Help Soldiers Buy A Home
related article
6 Tips For Smart College Healthcare
related article
Military Spending Worldwide
related article
How The Average U.S. Consumer Spends Their Paycheck
  • Loki
    You guys also ignore the free rider problem. Other countries free ride on U.S. medical innovation and military might, allowing them to spend less while we spend more. So while Canadian and European healthcare may be "cheaper", it's because they aren't paying for innovation, we are.
  • I think this information is nearly correct. I know the military and health expenses For India and Pakistan and figure is exactly which is providing here.
  • Dave
    If you want free healthcare, move to Canada.

    I prefer my doctor/patient relationship and would like to keep the government out of my business.

    Yes, there are things that could help reform the system. There are regulations that need to be made. But, if you start putting caps on how much pharmaceutical companies can charge and how much doctors can bill for services, who will invest in finding cures or innovations, and who will spend hundreds of thousands of dollars and years of their life to go through medical school?

    This seems like the same type of problem the U.S. faced with oil under the Carter Administration. We're too focused on the demand side (patients) and not even considering the supply side (doctors and researchers).

    As we're talking about education and healthcare, has it occurred to anyone that only 5% of the bachelors degree's handed out in the U.S. are in a science field? Does that sound like a problem to anyone? Is it not true that if we had more doctors, the price to go see a doctor would go down? This is an economics website. I would hope you would be able to complete the logic.
  • Kingg
    Dear Boortz,
    Read your comment; look at the health expenditure as a comparison to the country's GDP; you will find that the USA spends about 19% of GDP for no better health outcomes than the UK, Canada or Australia who spend about 8% GDP on health. That's your problem the US is not getting the best bang for its bucks.
  • geez
    WOW: What is wrong with you? Both numbers are percentages! Maybe the US should have spent a bit more education $ on you!
  • vol
    It's strange that france spends less money in health than usa and everyone has free helth coverage in france and notin the usa.
  • Governments spend or waste, it only depend how you look at it. there is a great difference between making money and spending money.
  • Tom M
    Few points:

    The argument, "The US spends so much on health care and its still expensive for private citizens, which is why we need health care reform" is silly. If health care is already such a large percentage of the US budget, what do you think will happen to that number once every citizen is brought under the government umbrella? You think the government is going to miraculously get really good at controlling costs?

    @Tommy - In the case of the US, the difference consists largely of debt payments. I am not familiar enough with the UAE to budget to speak to their budget.
  • The health-care stats for Norway is wrong. We spend roughly 1/3 of our national budget on healthcare. Because of the red-green government's policies of not using the capacities from private actors, we now use twice as much as we did four years ago, under the center-right government.
  • Daniel
    How reliable is this given that they don't even know how to spell "Colombia"?
  • gh0st
    "I’d want to be the country that spends the most on health care personally."

    Really? Awesome!! I have a used car I want to sell you.

    In sentence 1 you point out quality over quantity and then turn right around and state how you prefer quantity. I am fine with having a "debate" on US healthcare but really can't take anymore blatant ignorance as long as it is "no!" You contradict yourself 5 times before I stopped counting. Again, as long as its "NO!" than it all makes sense.

    Now, back to my used car and your feeling that its best to spend the most, regardless of what you are getting for it...
  • Jupiter
    Since most education money in the US is spent by the states, not the federal government, I wonder if this chart reflects that.
  • Jon
    Proportion of income and quality are not the same thing people. We spend less proportionally on education than Mexico, Morrocco, UAE, Thailand etc. that doesn't mean we aren't as smart as them. Likewise we spend more on health care that doesn't mean it's worse or better. If anything we spend more because we have the highest quality (and thus most expensive) equipment and doctors. Not to mention how much research and development we do in the US on medicine. I'd want to be the country that spends the most on health care personally.

    Besides if this chart's implications had any truth than UAE would be the strongest military in the world and we all know that is a load of crap.
  • Karen
    Medical costs in the US are insanely expensive because it's one of the few countries without any regulation on how much pharmaceutical companies can charge. We get ripped off, and US consumers end up subsidizing universal health care for other countries. But the second anyone says they'd like to change that, half of the people here cry 'down with socialized medicine!' and run away.

    Can someone please educate the damn people here?
  • Boortzz
    Its sad that so many people are surprised that countries with socialized medicine end up having less expenditure per person in the US.

    There's a huge debate going on and yet few people seem to know any actual numbers and they're flabbergasted to find that the "USA has the best healthcare in the world" catchphrase isn't really true anymore. I think the only health-related statistic that the US excels in is cancer survival rate, but even so we still have a lower life expectancy most of the rest of the developed world (almost all of whom have socialized medicine).

    The fact is that when your health system is completely privatized then it's going to be driven by profit, not efficiency, compassion or fair cost. It shouldn't be surprising to anyone that a profit-driven health system tends to suck more money out of people than a non-profit one.

    Conservatives cry "but they already get free emergency room treatment" but that this IS socialized medicine, just a horribly inefficient version of it. To demonstrate: If you want to get the most out of a car without paying too much, do you:

    A) Take it to the shop only when it breaks down and is unusable

    B) Give it regular maintenance and take care of it at all times.

    Right now the US uses system A, so we have two choices. We can either stop letting people into emergency rooms who can't afford it (Pretty cruel) or we can adopt option B and let the people we pay for anyway have steady healthcare that would actually prevent more expensive emergencies.
  • Leonardo Diaz
    That's no all, next year in Colombia, the goverment has approved that the money invested in military will be more than the education money.

    We all are crap for the people on the power.
  • John Dryden
    Is it just me who thinks that most muslim countries spend a lot on weapons.

    Also why Saudi is missing from the chart?
  • mu!
    Ok, let's get this straight once and for all: It's COLOMBIA not ColUmbia! Why isn't the military budget of Venezuela published? The practically bought all of the ex -soviet, rifles and military equipment to Russia!
  • PhelipeMaza
    This is a quite good map. I just wonder why they left Finland out of it. After all Finland is pretty much the number one in health and education.
  • KZ
    @Nathan
    That sounds like a great idea. We should be spending a lot more on defense than on education.
  • Nathan
    Seeing how a country spends it's money is interesting. What is even more interesting is that the United States does not spend as much on education as on the military and health care. I'm not sure if my values are different but does that sound like a smart idea to anyone else?
  • nobodyImportant
    @wow
    please consult a math textbook as soon as possible.

    "Canada also has 10% of the population of the United States. Get a clue."

    The numbers in the graph are percentages so population will have no bearing on the reults
  • Dop
    Really? Thailand spend most money on Education?
    Never know that before....
  • @Felix
    yeah USA spends the most on healthcare in percent of total budget. However, budget per person is much lower in the US compared to for instance Norway where I live. This is because we have much higher taxes and much of the oil money goes to the government instead of private companies.
  • Marko
    pakistan is a good place to breed military extremism - huge amount of money on weapons least on eduction and health
  • myne
    Seems that for your average 1st world country; universal healthcare costs between 16 and 18%.
    Look at:
    UK, Canada, France, Germany, Norway, Australia.

    Sweeden seems to have the winning formula though at under 14%!

    It's laughable that the USA spends more and gets less. You guys get ripped so bad it's not even funny anymore.
    As the rest of us say "Only in America".
  • KH
    The missing procents goes to bribes and other forms of corruption. Pakistan seems to be a nasty place, the funding to the military is more than health and education combined. Thailand investment (28%9 in educations is impressive.
  • wow
    "How is it that Canada has universal healthcare yet they spend less on it than we do? That’s a load of crap."

    Canada also has 10% of the population of the United States. Get a clue.
  • idk
    Its true, Canada does spend less then the United states.

    Furthermore, anyone who thinks that just because a system is socialised means its bottom of the barrel run, well your misinformed and that's an under statement.

    Go watch Moores movie Sicko or something, if you want to start seeing the real truth.

    I much like having a socialised police force, a socialised library system, a socialised fire dept.

    Actually I take that back. I think we should privatise police, then they could choose priority only crimes and respond to them, and they could give me preferred, faster service, because I have more money then most people. Sounds a lot more fair to me.
  • Seth
    @Chip - If you exclude taxes...
  • Ho Hum
    Yeah, but I don't see many US citizens packing it up and heading to Nicaragua for their health care.
  • I'm shocked at these stats. I would have thought the US spent way more on military than education.
  • does that mean that Mexicans are smarter than the yanks?
  • I wonder where the 'other' is being spent?
    the above doesn't show the complete picture.
    US:
    19%+19%+17%=55%
    UAE:
    45%+8%+22%=75%

    it's hard to compare data when most of it is missing?
  • How is it that Canada has universal healthcare yet they spend less on it than we do? That's a load of crap.
  • Chip
    @Felix - That's why we need health care reform so badly. Note that these numbers only indicate how much the GOVERNMENT is spending. In the US, most people have to spend quite a bit of money out of pocket as well. In countries with socialized medicine, personal outlay is much lower or non-existent.
  • Felix
    The USA spends the most on health yet doesn't have universal healthcare?
  • cas127
    Without providing local/state/federal breakouts or even a methodology as to how you allocate thousands of budgetary line items to a mere three categories, this is a pretty misleading and therefore useless app
blog comments powered by Disqus
JOINBOX
Join thousands of VE readers!
SHAREBOX
Share this page with friends!
Yahoo
Share be a pal and share this would ya?
How Countries Spend Their Money