It tells us how much money a government sends out to the world, but it doesn't say anything about the nature of that spending, since different governments pay for very different services.Ī better way of comparing efficiency is looking at how much each country spends on a specific, comparable basket of services, regardless of who pays for it. In addition this metric is generally a poor tool for comparing efficiency. That's hardly surprising, considering that they use tax revenue and government spending to provide services such as health care, pensions, and day care, which obviously increases government spending, while the United States leaves citizens to make these arrangements with private providers. Swedish Navy commodore Wikstrom talks to the media during a news conference in StockholmĪnd indeed Nordic governments do spend much more in relation to GDP than does the United States. Account icon An icon in the shape of a person's head and shoulders.
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