Expenditure on old age function by type of benefit and means-testing in Luxembourg

Luxembourg: Expenditure on old age function by type of benefit and means-testing was 6,915 Million euro in 2024. ◆ Volatile

Latest (2024)
6,915 Million euro
Change on year
up 8.8%
World rank
24th
of 36 countries
All-time high
6,915 Million euro
in 2024
All-time low
760.53 Million euro
in 1990
Years of data
35
1990–2024

Expenditure on old age function by type of benefit and means-testing in Luxembourg, 1990–2024

02.0k4.0k6.0k1990200720241990: 760.5 Million euro1991: 884 Million euro1992: 960.1 Million euro1993: 1.1k Million euro1994: 1.2k Million euro1995: 1.3k Million euro1996: 1.3k Million euro1997: 1.4k Million euro1998: 1.4k Million euro1999: 1.5k Million euro2000: 1.5k Million euro2001: 1.2k Million euro2002: 1.3k Million euro2003: 1.5k Million euro2004: 1.6k Million euro2005: 1.7k Million euro2006: 1.8k Million euro2007: 1.9k Million euro2008: 2.1k Million euro2009: 2.3k Million euro2010: 2.4k Million euro2011: 2.6k Million euro2012: 2.8k Million euro2013: 3.0k Million euro2014: 3.3k Million euro2015: 3.5k Million euro2016: 3.6k Million euro2017: 3.9k Million euro2018: 4.2k Million euro2019: 4.4k Million euro2020: 4.8k Million euro2021: 5.2k Million euro2022: 5.6k Million euro2023: 6.4k Million euro2024: 6.9k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for expenditure on old age function by type of benefit and means-testing in Luxembourg is 6,915 Million euro, measured in 2024. That is the highest value across all 35 years on record.

That represents a change of up 8.8% on the previous year and up 112.3% over ten years.

Over the whole period, expenditure on old age function by type of benefit and means-testing in Luxembourg peaked at 6,915 Million euro in 2024 and was at its lowest, 760.53 Million euro, in 1990.

Luxembourg ranks 24th of 36 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,173 Million euro 760.53 Million euro 1,458 Million euro 10
2000s 1,689 Million euro 1,210 Million euro 2,283 Million euro 10
2010s 3,371 Million euro 2,397 Million euro 4,440 Million euro 10
2020s 5,783 Million euro 4,830 Million euro 6,915 Million euro 5

Countries ranked near Luxembourg

  1. 21 Hungary 15,657 Million euro compare
  2. 22 Slovakia 11,140 Million euro compare
  3. 23 Bulgaria 9,033 Million euro compare
  4. 25 Serbia 6,725 Million euro compare
  5. 26 Croatia 6,326 Million euro compare
  6. 27 Slovenia 5,790 Million euro compare

See the full ranking of 45 places →

More reference data data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is expenditure on old age function by type of benefit and means-testing in Luxembourg?
Expenditure on old age function by type of benefit and means-testing in Luxembourg was 6,915 Million euro in 2024, according to Eurostat.
What is the highest expenditure on old age function by type of benefit and means-testing recorded in Luxembourg?
The highest recorded value was 6,915 Million euro in 2024.
What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Luxembourg?
The lowest recorded value was 760.53 Million euro in 1990.
How does Luxembourg rank for expenditure on old age function by type of benefit and means-testing?
Luxembourg ranks 24th out of 36 countries with data for 2024.
Is expenditure on old age function by type of benefit and means-testing rising or falling in Luxembourg?
Over the last ten years it is up 112.3%. The long-run trend across the full record is volatile.
Where does this Luxembourg 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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About this data

Indicator
Expenditure on old age function by type of benefit and means-testing
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed