10 Economically Riskiest Countries
4. Denmark
Fiscal risk rank: 7
Denmark falls on the seventh place in the Fiscal Risk Index. The country spends up to 84.7 percent of the GDP on old age pension and health care sectors.
According to the report, the country will have up to 65 elders among every 100 working people by mid- century. The Government of Denmark must seriously consider this and take suitable measures to control it.
Along with these issues one good news is that, the government is able to manage its debts with 40 percent of the total GDP.
5. Hungary
Fiscal risk rank: 6
Hungary’s economy is at high risk as the country spends up to 9 percent of its total GDP on the old age population. However, the country does not take much interest in spending for healthcare; it has taken the responsibility of paying 70 percent of the medical bills for the elderly persons.
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