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Total net social spending in terms of percent of GDP, takes into account public and private social expenditure, and also includes the effect of direct taxes (income tax and social security contributions), indirect taxation of consumption on cash benefits, as well as tax breaks for social purposes.
Welfare spending. Welfare spending is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. [1] Social security may either be synonymous with welfare, [a] or refer specifically to social insurance programs which provide support only to those who have previously contributed ...
List of countries by total health expenditure by type of financing. This is a list of OECD nations, and a few other nations tracked by the OECD iLibrary, and their health expenditure by type of financing.[2] Public health expenditure consists of recurrent and capital spending from government (central and local) budgets, external borrowings and ...
This is the list of countries by government budget. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. The following tables show the governmental budget balance, in millions of US dollars or millions of local currency units (LCU, the most commonly used in the country) and as ...
t. e. Government spending or expenditure includes all government consumption, investment, and transfer payments. [1][2] In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual or collective needs of the community, is classed as government final consumption expenditure.
Social services are a range of public services intended to provide support and assistance towards particular groups, which commonly include the disadvantaged. [1] They may be provided by individuals, private and independent organizations, or administered by a government agency. [1] Social services are connected with the concept of welfare and ...
List of countries by government budget per capita. This list shows the government budget of each country divided by its total population, not adjusted to purchasing power parity. It is based on data from the 2018 CIA World Factbook. [1][2] The Chinese, Brazilian, Indian, and United States government budgets used are the figures reported by the ...
Social expenditure as % of GDP (). A welfare state is a form of government in which the state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal opportunity, equitable distribution of wealth, and public responsibility for citizens unable to avail themselves of the minimal provisions ...