Public Social Spending in Asian Countries: Chart

Social spending on public welfare is increasing in Asia but it is still lower than the OECD average of 21% of GDP according to an article in OECD Insights. Developed Asian countries like Japan, New Zealand and Australia have high social protections. On the other hand, in emerging countries of India and Indonesia social spending is very low at 2 or 3% of GDP as shown in the chart below:

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Source: Rain or shine, Asia needs a better umbrella of social protection, OECD Insights, June 18, 2017

 

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