Quick Answer: What Do Countries Spend The Most Money On?

What countries spend the most money on education?

Norway spent the most on education as a percentage of GDP at 6.4% followed by New Zealand at 6.3%, the United Kingdom at 6.2%, and the United States at 6.1 percent.

Conversely, 17 countries spent less than the average percentage of GDP on total education expenditures for OECD countries..

Which country spends the least on education?

Luxembourg reported the lowest total education expenditures as a percentage of GDP (3.2 percent), followed by the Czech Republic and Ireland (both 3.5 percent) and Lithuania and Italy (both 3.6 percent).

Which country is #1 in healthcare?

TaiwanHealth Care Index by Country 2020 Mid-YearRankCountryHealth Care Index1Taiwan86.422South Korea82.263France80.684Japan80.2389 more rows

Who spends the most money?

Who’s Spending Their Money? Some Surprising Answers.Baby Boomers (ages 55-75 years old) spend a total of $548.1 billion annually;Gen X (ages 36-54 years old) follow Boomers with $357 billion annual spend;Millennials (25-35) are next with $322.5 billion in annual spend; and.The Silent generation (ages 76 years and older) spend $162.9 billion annually.

Is Saudi Arabia richer than USA?

The United States per capita income more than doubles that of Saudi Arabia. According to data assembled by the World Bank, per capita income for an American was $59,160 in 2017. That same year, Saudi per capita income was $20,090, or 2.9 times lower than the US rate.

Who invented homework?

Roberto NevelisRoberto Nevelis of Venice, Italy, is often credited with having invented homework in 1095—or 1905, depending on your sources.

What 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 hardest education system?

Over the last few years, major changes have occurred in the world ranking of nations’ education systems….Five Countries with the Strongest Education SystemsSouth Korea. South Korea emerged as the number one ranked education system in 2015. … Japan. … Singapore. … Hong Kong. … Finland.

What country spends the most on clothes?

The USA and China spend by far the most on apparel. The global apparel market – not including footwear or jewellery – is worth $1.34 trillion a year in retail sales. Womenswear accounts for more than half (53%) of that spending.

What country’s government has the most money?

United StatesListRankCountryRevenues1United States6,715,0332China3,312,3083Japan1,678,0004Germany1,665,00065 more rows

What age group buys the most clothes?

E-shoppers aged 16-24 were the top age group when it came to clothes and sports goods purchases (73 %), those aged 25-54 in online purchases of travel and holiday (57 %) and the older age group (55-74) in buying books, magazines and newspapers, together with those aged 25-54 (35 % both).

Which country is #1 in education?

CanadaNumber 1: Canada. This country tops the list as the most educated in the world, with 56.27 percent of adults having earned some kind of higher education.

What is richest country in the world?

United StatesUnited States is the richest country in the world, and it has the biggest wealth gap. The United States led the world in growth of financial assets last year thanks to tax cuts and booming stock markets, but its distribution of wealth was more unequal than in any other country, according to a study published Wednesday.

What country buys the most stuff?

ChinaThis means that in 3 years time, the figure will have almost doubled from revenues in 2017 of about $2.2 trillion….Surprisingly, this more than doubles that of renowned ecommerce giant, China.RankCountry% of Salary Spent Online#1China19.34%#2Mexico17.31%#3Indonesia12.66%#4United Kingdom11.14%5 more rows•Nov 8, 2018

Which countries spend the most money online?

When it comes to a country’s overall spend, China takes top place. The country has over a fifth of the world’s internet users, and they spend a total of £543.3 billion a year online. The United States ranks just behind China on total spend, accounting for £414.3 billion of the world’s ecommerce spends.

Is China richer than the US?

Per capita income of United States is 6.38 and 3.32 times greater than of China in nominal and PPP terms, respectively. US is the 8th richest country of the world whereas China comes at 72th rank.

What state is the lowest in education?

MississippiMississippi is the least educated of the 50 states, according to an analysis by the website WalletHub.

What countries have no education?

In certain countries the issue of education is just ignored, which results in extremely low rates of literacy. According to statistics the following ten countries have the worst education systems: Angola, Gambia, Pakistan, Guinea, Eritrea, Ethiopia, Central African Republic, Mali, Burkina Faso, and Niger.

What country has the most consumers?

The United StatesThe United States offers the largest consumer market on earth with a GDP of $20 trillion and 325 million people. Household spending is the highest in the world, accounting for more than a quarter of global household consumption.

Which country has the most shops?

The U.S.The U.S. has the most retailers — 80 — on the list of the top 250 retailers in the world. Japan ranks second with 32 countries.