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

Romania: Expenditure on old age function by type of benefit and means-testing was 25,450 Million euro in 2023. ◆ Volatile

Latest (2023)
25,450 Million euro
Change on year
up 12.4%
World rank
19th
of 36 countries
All-time high
25,450 Million euro
in 2023
All-time low
2,140 Million euro
in 2000
Years of data
24
2000–2023

Expenditure on old age function by type of benefit and means-testing in Romania, 2000–2023

05.0k10.0k15.0k20.0k25.0k2000201120232000: 2.1k Million euro2001: 2.4k Million euro2002: 2.8k Million euro2003: 2.7k Million euro2004: 3.3k Million euro2005: 4.2k Million euro2006: 5.0k Million euro2007: 6.9k Million euro2008: 9.2k Million euro2009: 9.5k Million euro2010: 10.1k Million euro2011: 10.5k Million euro2012: 10.1k Million euro2013: 10.5k Million euro2014: 11.0k Million euro2015: 11.6k Million euro2016: 12.3k Million euro2017: 13.7k Million euro2018: 14.8k Million euro2019: 16.0k Million euro2020: 18.2k Million euro2021: 19.9k Million euro2022: 22.6k Million euro2023: 25.5k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2023, expenditure on old age function by type of benefit and means-testing in Romania stood at 25,450 Million euro. That is the highest value across all 24 years on record.

The figure is up 12.4% on the previous year and up 142.7% over ten years.

Over the whole period, expenditure on old age function by type of benefit and means-testing in Romania peaked at 25,450 Million euro in 2023 and was at its lowest, 2,140 Million euro, in 2000.

Romania ranks 19th 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
2000s 4,813 Million euro 2,140 Million euro 9,497 Million euro 10
2010s 12,045 Million euro 10,050 Million euro 16,017 Million euro 10
2020s 21,559 Million euro 18,219 Million euro 25,450 Million euro 4

Countries ranked near Romania

  1. 16 Portugal 32,062 Million euro compare
  2. 17 Czechia 29,628 Million euro compare
  3. 18 Greece 27,356 Million euro compare
  4. 20 Ireland 18,273 Million euro compare
  5. 21 Hungary 15,657 Million euro compare
  6. 22 Slovakia 11,140 Million euro compare

See the full ranking of 45 places →

More reference data data for Romania

All data for Romania →

Frequently asked questions

What is expenditure on old age function by type of benefit and means-testing in Romania?
Expenditure on old age function by type of benefit and means-testing in Romania was 25,450 Million euro in 2023, according to Eurostat.
What is the highest expenditure on old age function by type of benefit and means-testing recorded in Romania?
The highest recorded value was 25,450 Million euro in 2023.
What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Romania?
The lowest recorded value was 2,140 Million euro in 2000.
How does Romania rank for expenditure on old age function by type of benefit and means-testing?
Romania ranks 19th out of 36 countries with data for 2023.
Is expenditure on old age function by type of benefit and means-testing rising or falling in Romania?
Over the last ten years it is up 142.7%. The long-run trend across the full record is volatile.
Where does this Romania 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.

Download this data

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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
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