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

Switzerland: Expenditure on old age function by type of benefit and means-testing was 95,027 Million euro in 2023. ◆ Volatile

Latest (2023)
95,027 Million euro
Change on year
up 8.9%
World rank
7th
of 36 countries
All-time high
95,027 Million euro
in 2023
All-time low
13,510 Million euro
in 1990
Years of data
34
1990–2023

Expenditure on old age function by type of benefit and means-testing in Switzerland, 1990–2023

20.0k40.0k60.0k80.0k100.0k1990200620231990: 13.5k Million euro1991: 14.8k Million euro1992: 15.8k Million euro1993: 18.1k Million euro1994: 20.2k Million euro1995: 22.3k Million euro1996: 22.5k Million euro1997: 22.5k Million euro1998: 23.8k Million euro1999: 25.1k Million euro2000: 27.1k Million euro2001: 29.3k Million euro2002: 30.3k Million euro2003: 30.4k Million euro2004: 31.0k Million euro2005: 31.7k Million euro2006: 32.3k Million euro2007: 32.8k Million euro2008: 35.1k Million euro2009: 38.9k Million euro2010: 44.1k Million euro2011: 51.1k Million euro2012: 53.8k Million euro2013: 54.1k Million euro2014: 56.6k Million euro2015: 66.0k Million euro2016: 66.4k Million euro2017: 66.9k Million euro2018: 66.2k Million euro2019: 71.2k Million euro2020: 76.2k Million euro2021: 78.1k Million euro2022: 87.3k Million euro2023: 95.0k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2023, expenditure on old age function by type of benefit and means-testing in Switzerland stood at 95,027 Million euro. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 8.9% on the previous year and up 75.8% over ten years.

Over the whole period, expenditure on old age function by type of benefit and means-testing in Switzerland peaked at 95,027 Million euro in 2023 and was at its lowest, 13,510 Million euro, in 1990.

Switzerland ranks 7th of 36 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 19,840 Million euro 13,510 Million euro 25,095 Million euro 10
2000s 31,882 Million euro 27,072 Million euro 38,857 Million euro 10
2010s 59,637 Million euro 44,112 Million euro 71,153 Million euro 10
2020s 84,148 Million euro 76,197 Million euro 95,027 Million euro 4

Countries ranked near Switzerland

  1. 4 United Kingdom 271,545 Million euro compare
  2. 5 Spain 169,118 Million euro compare
  3. 6 Netherlands 101,867 Million euro compare
  4. 8 Poland 91,885 Million euro compare
  5. 9 Austria 72,514 Million euro compare
  6. 10 Sweden 69,619 Million euro compare

See the full ranking of 45 places →

More reference data data for Switzerland

All data for Switzerland →

Frequently asked questions

What is expenditure on old age function by type of benefit and means-testing in Switzerland?
Expenditure on old age function by type of benefit and means-testing in Switzerland was 95,027 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 Switzerland?
The highest recorded value was 95,027 Million euro in 2023.
What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Switzerland?
The lowest recorded value was 13,510 Million euro in 1990.
How does Switzerland rank for expenditure on old age function by type of benefit and means-testing?
Switzerland ranks 7th 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 Switzerland?
Over the last ten years it is up 75.8%. The long-run trend across the full record is volatile.
Where does this Switzerland 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