4. Denmark

Total international aid: $2.72 billion (13th highest)

Social spending as per cent of GDP: 30.5 per cent (2nd highest)

Government debt as a per cent of GDP: 44.1 per cent (82nd highest)

Denmark’s history with the developing nations is very prominent. It is one of the nations which are related to the formation of NATO, OECD, United Nations, etc.

It has a much diversified economy which ranks as the number one in terms of income equity. Lesser rate of corruption is one of the main reasons behind the higher rate of Denmark’s economic growth.

The standard of Denmark’s international trade is very high and it is one of the best competitor in the economic market.

5. The Netherlands

Total international aid: $5.52 billion (8th highest)

Social spending as per cent of GDP: 24.3 per cent (11th highest)

Government debt as a per cent of GDP: 65.2 per cent (48th highest)

The Netherlands, which is also known as ‘Holland’, shares its border with Germany, United Kingdom and Belgium. It lies below the sea level.

The Netherlands is also one of the nations that have been involved in the foundation of the NATO, WTO, EU and OECD. In terms of the per-capita income, it is placed in the tenth rank in the world.

 The economy of The Netherlands plays a very important role in the European economy. Its economy comprises a major portion of fishing, shipping, banking and many more.

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