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
22nd
of 45 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
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 22nd of 45 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.
Expenditure on old age function by type of benefit and means-testing in Romania, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 2,140 Million euro | — |
| 2001 | 2,429 Million euro | +13.5% |
| 2002 | 2,793 Million euro | +15.0% |
| 2003 | 2,723 Million euro | -2.5% |
| 2004 | 3,271 Million euro | +20.1% |
| 2005 | 4,207 Million euro | +28.6% |
| 2006 | 5,049 Million euro | +20.0% |
| 2007 | 6,865 Million euro | +36.0% |
| 2008 | 9,152 Million euro | +33.3% |
| 2009 | 9,497 Million euro | +3.8% |
| 2010 | 10,053 Million euro | +5.9% |
| 2011 | 10,463 Million euro | +4.1% |
| 2012 | 10,050 Million euro | -3.9% |
| 2013 | 10,486 Million euro | +4.3% |
| 2014 | 10,957 Million euro | +4.5% |
| 2015 | 11,558 Million euro | +5.5% |
| 2016 | 12,341 Million euro | +6.8% |
| 2017 | 13,714 Million euro | +11.1% |
| 2018 | 14,813 Million euro | +8.0% |
| 2019 | 16,017 Million euro | +8.1% |
| 2020 | 18,219 Million euro | +13.8% |
| 2021 | 19,928 Million euro | +9.4% |
| 2022 | 22,639 Million euro | +13.6% |
| 2023 | 25,450 Million euro | +12.4% |
Romania compared with similar countries
- Romania's 25,450 Million euro is below the median for Europe & Central Asia, which is 26,846 Million euro, 95% of the median. (34 countries reporting)
- Romania's 25,450 Million euro is below the median for high income countries, which is 29,628 Million euro, 86% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Romania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.03 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.59 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.689 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.59 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.04 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.02 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.93 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 21.54 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.75 (2050)
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 22nd out of 45 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.
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