Expenditure on old age function by type of benefit and means-testing in European Economic Area except Liechtenstein
European Economic Area except Liechtenstein: Expenditure on old age function by type of benefit and means-testing was 1.95 million in 2023. ▲ Rising
Expenditure on old age function by type of benefit and means-testing in European Economic Area except Liechtenstein, 2008–2023
Source: Eurostat.
Analysis
The most recent figure for expenditure on old age function by type of benefit and means-testing in European Economic Area except Liechtenstein is 1.95 million, measured in 2023. That is the highest value across all 16 years on record.
That represents a change of up 7.4% on the previous year and up 47.0% over ten years.
Over the whole period, expenditure on old age function by type of benefit and means-testing in European Economic Area except Liechtenstein peaked at 1.95 million in 2023 and was at its lowest, 1.11 million, in 2008.
The long-run direction has been consistently rising across the 16 years of available data.
Expenditure on old age function by type of benefit and means-testing in European Economic Area except Liechtenstein, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1.11 million | — |
| 2009 | 1.16 million | +3.8% |
| 2010 | 1.21 million | +4.3% |
| 2011 | 1.25 million | +3.5% |
| 2012 | 1.29 million | +3.3% |
| 2013 | 1.33 million | +2.8% |
| 2014 | 1.36 million | +2.5% |
| 2015 | 1.40 million | +3.2% |
| 2016 | 1.43 million | +2.2% |
| 2017 | 1.48 million | +3.4% |
| 2018 | 1.53 million | +3.5% |
| 2019 | 1.60 million | +4.1% |
| 2020 | 1.66 million | +4.0% |
| 2021 | 1.72 million | +3.9% |
| 2022 | 1.81 million | +5.2% |
| 2023 | 1.95 million | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.14 million | 1.11 million | 1.16 million | 2 |
| 2010s | 1.39 million | 1.21 million | 1.60 million | 10 |
| 2020s | 1.79 million | 1.66 million | 1.95 million | 4 |
Countries ranked near European Economic Area except Liechtenstein
More reference data data for European Economic Area except Liechtenstein
- Expenditure on social benefits by function 4.72 million (2023)
- Expenditure on social protection by type of expenditure 4.91 million (2023)
- Expenditure on pensions by type of pension and means-testing 2.17 million (2023)
- Expenditure on disability function by type of benefit and 343,953 (2023)
- Expenditure on survivors function by type of benefit and means-testing 256,671 (2023)
- Social contributions by type of contributors 2.85 million (2023)
- Social protection receipts by type 5.12 million (2023)
- Expenditure on social exclusion function by type of benefit and 117,078 (2023)
- Expenditure on family/children function by type of benefit and 412,048 (2023)
- Expenditure on social benefits by function, type of benefit and 4.72 million (2023)
Frequently asked questions
- What is expenditure on old age function by type of benefit and means-testing in European Economic Area except Liechtenstein?
- Expenditure on old age function by type of benefit and means-testing in European Economic Area except Liechtenstein was 1.95 million in 2023, according to Eurostat.
- What is the highest expenditure on old age function by type of benefit and means-testing recorded in European Economic Area except Liechtenstein?
- The highest recorded value was 1.95 million in 2023.
- What is the lowest expenditure on old age function by type of benefit and means-testing recorded in European Economic Area except Liechtenstein?
- The lowest recorded value was 1.11 million in 2008.
- How does European Economic Area except Liechtenstein rank for expenditure on old age function by type of benefit and means-testing?
- European Economic Area except Liechtenstein ranks 1st out of 10 regions with data for 2023.
- Is expenditure on old age function by type of benefit and means-testing rising or falling in European Economic Area except Liechtenstein?
- Over the last ten years it is up 47.0%. The long-run trend across the full record is rising.
- Where does this European Economic Area except Liechtenstein data come from?
- The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.
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