Expenditure on old age function by type of benefit and means-testing in United Kingdom
United Kingdom: Expenditure on old age function by type of benefit and means-testing was 271,545 Million euro in 2018. ▲ Rising
Latest (2018)
271,545 Million euro
Change on year
up 2.3%
World rank
4th
of 45 countries
All-time high
302,217 Million euro
in 2015
All-time low
70,474 Million euro
in 1990
Years of data
29
1990–2018
Expenditure on old age function by type of benefit and means-testing in United Kingdom, 1990–2018
Source: Eurostat. Measured in Million euro.
Analysis
United Kingdom recorded 271,545 Million euro for expenditure on old age function by type of benefit and means-testing in 2018.
The figure is up 2.3% on the previous year and up 31.9% over ten years.
Over the whole period, expenditure on old age function by type of benefit and means-testing in United Kingdom peaked at 302,217 Million euro in 2015 and was at its lowest, 70,474 Million euro, in 1990.
That places United Kingdom 4th out of 45 countries with data for 2018, putting it in the top 10%.
The long-run direction has been consistently rising across the 29 years of available data.
Expenditure on old age function by type of benefit and means-testing in United Kingdom, year by year
| Year | Million euro | Change |
|---|---|---|
| 1990 | 70,474 Million euro | — |
| 1991 | 81,585 Million euro | +15.8% |
| 1992 | 87,136 Million euro | +6.8% |
| 1993 | 88,511 Million euro | +1.6% |
| 1994 | 93,345 Million euro | +5.5% |
| 1995 | 91,808 Million euro | -1.6% |
| 1996 | 100,861 Million euro | +9.9% |
| 1997 | 128,965 Million euro | +27.9% |
| 1998 | 135,315 Million euro | +4.9% |
| 1999 | 147,362 Million euro | +8.9% |
| 2000 | 181,396 Million euro | +23.1% |
| 2001 | 180,204 Million euro | -0.7% |
| 2002 | 177,748 Million euro | -1.4% |
| 2003 | 171,745 Million euro | -3.4% |
| 2004 | 185,429 Million euro | +8.0% |
| 2005 | 197,340 Million euro | +6.4% |
| 2006 | 205,065 Million euro | +3.9% |
| 2007 | 223,093 Million euro | +8.8% |
| 2008 | 205,830 Million euro | -7.7% |
| 2009 | 198,545 Million euro | -3.5% |
| 2010 | 214,959 Million euro | +8.3% |
| 2011 | 221,012 Million euro | +2.8% |
| 2012 | 250,569 Million euro | +13.4% |
| 2013 | 245,287 Million euro | -2.1% |
| 2014 | 264,952 Million euro | +8.0% |
| 2015 | 302,217 Million euro | +14.1% |
| 2016 | 261,968 Million euro | -13.3% |
| 2017 | 265,513 Million euro | +1.4% |
| 2018 | 271,545 Million euro | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 102,536 Million euro | 70,474 Million euro | 147,362 Million euro | 10 |
| 2000s | 192,640 Million euro | 171,745 Million euro | 223,093 Million euro | 10 |
| 2010s | 255,336 Million euro | 214,959 Million euro | 302,217 Million euro | 9 |
Countries ranked near United Kingdom
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Frequently asked questions
- What is expenditure on old age function by type of benefit and means-testing in United Kingdom?
- Expenditure on old age function by type of benefit and means-testing in United Kingdom was 271,545 Million euro in 2018, according to Eurostat.
- What is the highest expenditure on old age function by type of benefit and means-testing recorded in United Kingdom?
- The highest recorded value was 302,217 Million euro in 2015.
- What is the lowest expenditure on old age function by type of benefit and means-testing recorded in United Kingdom?
- The lowest recorded value was 70,474 Million euro in 1990.
- How does United Kingdom rank for expenditure on old age function by type of benefit and means-testing?
- United Kingdom ranks 4th out of 45 countries with data for 2018.
- Is expenditure on old age function by type of benefit and means-testing rising or falling in United Kingdom?
- Over the last ten years it is up 31.9%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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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