6. Germany

Fiscal risk rank: 5

Germany has ranked fifth out of 163 countries in Fiscal Risk Index. The country spends more than 11 percent of its total GDP on old age pensions.

As of 2010, there were about 31 old age people out of 100 workers. The rate is expected to increase to 59 by the end of 2050 making it more difficult for the country to handle its finances.

Infact, the country will also witness a low birth rate with just 23 children per 100 by mid- century making it as the major drawback to the country.

7. Sweden

Fiscal risk rank: 4

Sweden is one of the generous nations in the list by spending highest amount of its GDP on the old age. The country spends up to 12 percent of its total GDP on the old age pensions.

In 2010, the country had 68 percent of elders among 100 workers. However this figure is expected to change with the decline of 41 percent by 2050.

According to the Maplecroft’s Fiscal Risk Index, the government spends maximum amount on children education at the same time spending 82 percent on the healthcare.

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