11 countries that provide most financial aid

International aid to developing countries fell for the second year in a row, as the European debt crisis continued to weigh heavily on the wealthiest nations, according to 24/7 Wall St.

Grants and loans intended to benefit developing nations declined by 4 per cent in 2012, after falling 2 per cent in 2011, it says.

Let's take a look some of the most generous countries.

Source: 24/7 Wall St

...

Luxembourg

International aid as a per cent of gross national income: 1.00 per cent

Total international aid: $432 million (9th lowest)

Social spending as per cent of GDP: 23.3 per cent (14th highest)

Government debt as a per cent of GDP: 18.2 per cent (26th lowest)

Global rank in financial aid: 1

...

Sweden

International aid as a per cent of gross national income: 0.99 per cent

Total international aid: $5.24 billion (10th highest)

Social spending as per cent of GDP: 28.2 per cent (6th highest)

Government debt as a per cent of GDP: 37.9 per cent (72nd lowest)

Global rank in financial aid: 2

...

Norway

International aid as a per cent of gross national income: 0.93 per cent

Total international aid: $4.75 billion (11th highest)

Social spending as per cent of GDP: 22.1 per cent (14th lowest)

Government debt as a per cent of GDP: 49.6 per cent (68th highest)

Global rank in financial aid: 3

...

Denmark

International aid as a per cent of gross national income: 0.84 per cent

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)

Global rank in financial aid: 4

...

The Netherlands

International aid as a per cent of gross national income: 0.71 per cent

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)

Global rank in financial aid: 5

...

The United Kingdom

International aid as a per cent of gross national income: 0.56 per cent

Total international aid: $13.66 billion (2nd highest)

Social spending as per cent of GDP: 23.9 per cent (12th highest)

Government debt as a per cent of GDP: 81.8 per cent (21st highest)

Global rank in financial aid: 6

...

Finland

International aid as a per cent of gross national income: 0.53 per cent

Total international aid: $1.32 billion (17th lowest)

Social spending as per cent of GDP: 29.0 per cent (4th highest)

Government debt as a per cent of GDP: 49.1 per cent (70th highest)

Global rank in financial aid: 7

...

Ireland

International aid as a per cent of gross national income: 0.48 per cent

Total international aid: $809 million (14th lowest)

Social spending as per cent of GDP: 23.1 per cent (15th highest)

Government debt as a per cent of GDP: 106.5 per cent (10th highest)

Global rank in financial aid: 8

...

Belgium

International aid as a per cent of gross national income: 0.47 per cent

Total international aid: $2.30 billion (17th highest)

Social spending as per cent of GDP: 30 per cent (3rd highest)

Government debt as a per cent of GDP: 97.8 per cent (14th highest)

Global rank in financial aid: 9

...

France

International aid as a per cent of gross national income: 0.45 per cent

Total international aid: $12 billion (4th highest)

Social spending as per cent of GDP: 32.1 per cent (the highest)

Government debt as a per cent of GDP: 86 per cent (18th highest)

Global rank in financial aid: 10

...

Switzerland

International aid as a per cent of gross national income: 0.45 per cent

Total international aid: $3.02 billion (12th highest)

Social spending as per cent of GDP: 20.3 per cent (9th lowest)

Government debt as a per cent of GDP: 46.8 per cent (75th highest)

Global rank in financial aid: 11