Countries With Highest Budget Revenues
8. Netherlands
Revenues (million $): 381,300
Expenditures (million $): 420,400
Netherland is a constituent country that leads other European nations in attracting foreign direct investment. Its GDP (Gross Domestic Product) is around $42,000, making it the 10th richest nations in the world. The country’s economy is known for stable industrial relations, fairly low unemployment and inflation; a sizable current account surplus; and it also play an important role as a European transportation hub. Industrial activities are mainly in food processing, chemicals, petroleum refining, and electrical machinery. Trade, shipping, banking and fishing are the leading sectors of this Dutch economy.
9. Russia
Revenues (million $): 382,800
Expenditures (million $): 376,200
Russia is believed to be one of the most powerful economies worldwide and is currently labeled as a developing nation by the International Monetary Fund and the World Bank. In Russia’s market economy growth, oil and gas play a major source as natural resources. Apart from oil and gas, the country has an abundance of natural resources, including timber, precious metals, and particularly fossil fuels.
10. Australia
Revenues (million $): 473,200
Expenditures (million $): 521,800
Australia is recognized as one of the wealthiest and highly developed countries in the world. Its economy is considered as the largest capitalist when compared to other countries as it has GDP of $1.57 trillion. The nation has a market economy that mainly focuses on exporting commodities. Tourism, education and financial services account to more than 70 percent of the nation’s GDP.
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