Aggregate replacement ratio for pensions (excluding other social) in Euro area – 20 countries (2023-2025)

Euro area – 20 countries (2023-2025): Aggregate replacement ratio for pensions (excluding other social) was 0.6% in 2025. ▲ Rising

Latest (2025)
0.6%
Change on year
unchanged
Rank
1st
of 2 regions
All-time high
0.6%
in 2024
All-time low
0.5%
in 2010
Years of data
16
2010–2025

Aggregate replacement ratio for pensions (excluding other social) in Euro area – 20 countries (2023-2025), 2010–2025

00.20.40.62010201720252010: 0.54 Percentage2011: 0.56 Percentage2012: 0.56 Percentage2013: 0.58 Percentage2014: 0.58 Percentage2015: 0.59 Percentage2016: 0.59 Percentage2017: 0.6 Percentage2018: 0.6 Percentage2019: 0.59 Percentage2020: 0.58 Percentage2021: 0.6 Percentage2022: 0.59 Percentage2023: 0.6 Percentage2024: 0.62 Percentage2025: 0.62 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

Euro area – 20 countries (2023-2025) recorded 0.6% for aggregate replacement ratio for pensions (excluding other social) in 2025. That is the highest value across all 16 years on record.

Compared with earlier readings it is up 5.1% over ten years.

Over the whole period, aggregate replacement ratio for pensions (excluding other social) in Euro area – 20 countries (2023-2025) peaked at 0.6% in 2024 and was at its lowest, 0.5%, in 2010.

The long-run direction has been consistently rising across the 16 years of available data.

Aggregate replacement ratio for pensions (excluding other social) in Euro area – 20 countries (2023-2025), year by year

Annual values for Aggregate replacement ratio for pensions (excluding other social benefits) by sex in Euro area – 20 countries (2023-2025), 2010 to 2025.
Year Percentage Change
2010 0.5%
2011 0.6% +3.7%
2012 0.6% +0.0%
2013 0.6% +3.6%
2014 0.6% +0.0%
2015 0.6% +1.7%
2016 0.6% +0.0%
2017 0.6% +1.7%
2018 0.6% +0.0%
2019 0.6% -1.7%
2020 0.6% -1.7%
2021 0.6% +3.4%
2022 0.6% -1.7%
2023 0.6% +1.7%
2024 0.6% +3.3%
2025 0.6% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.6% 0.5% 0.6% 10
2020s 0.6% 0.6% 0.6% 6

Countries ranked near Euro area – 20 countries (2023-2025)

  1. 1 Luxembourg 0.9% compare
  2. 2 Spain 0.8% compare
  3. 3 Italy 0.8% compare
  4. 4 Greece 0.8% compare

See the full ranking of 47 places →

More reference data data for Euro area – 20 countries (2023-2025)

All data for Euro area – 20 countries (2023-2025) →

Frequently asked questions

What is aggregate replacement ratio for pensions (excluding other social) in Euro area – 20 countries (2023-2025)?
Aggregate replacement ratio for pensions (excluding other social) in Euro area – 20 countries (2023-2025) was 0.6% in 2025, according to Eurostat.
What is the highest aggregate replacement ratio for pensions (excluding other social) recorded in Euro area – 20 countries (2023-2025)?
The highest recorded value was 0.6% in 2024.
What is the lowest aggregate replacement ratio for pensions (excluding other social) recorded in Euro area – 20 countries (2023-2025)?
The lowest recorded value was 0.5% in 2010.
How does Euro area – 20 countries (2023-2025) rank for aggregate replacement ratio for pensions (excluding other social)?
Euro area – 20 countries (2023-2025) ranks 1st out of 2 regions with data for 2025.
Is aggregate replacement ratio for pensions (excluding other social) rising or falling in Euro area – 20 countries (2023-2025)?
Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
Where does this Euro area – 20 countries (2023-2025) data come from?
The figures come from Eurostat, published as part of Aggregate replacement ratio for pensions (excluding other social benefits) by sex. Statizoid updates them automatically from the source API.

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Aggregate replacement ratio for pensions (excluding other social) in Euro area – 20 countries (2023-2025). Statizoid, drawing on Eurostat. Retrieved 04 September 2026, from https://reference.statizoid.com/stat/aggregate-replacement-ratio-for-pensions-excluding-other-social-benefits-by-sex/euro-area-20-countries-2023-2025/

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About this data

Indicator
Aggregate replacement ratio for pensions (excluding other social benefits) by sex
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
47 places, 711 data points, 2010–2025
Last refreshed