10 Most Conservative Countries in the World and their Economic Development

In this article, we will look into the 10 most conservative countries in the world and their economic development. If you want to read our detailed analysis, you can go directly to the 30 Most Conservative Countries in the World and their Economic Development.

10. Kosovo

Personal Income Tax Rate (2023): 25%

Corporate Tax Rate (2023): 10%

Annual Social Assistance Spending as a percentage of GDP (2017-2018): 4.57%

Insider Monkey rating: 0.197 out of 1

Kosovo is a country located in the Southeast of Europe. According to the IMF, it reports a GDP per capita of $15,770 and a GDP growth of 3.8% as of 2023. Kosovo spent an annual 4.57% of its GDP on social welfare from 2017 to 2018, according to the World Bank. It is ranked among the most conservative countries in the world with a personal income tax rate of 25% and a corporate tax of 10%.