Expenditure on pensions by type of pension and means-testing in European Economic Area except Liechtenstein
European Economic Area except Liechtenstein: Expenditure on pensions by type of pension and means-testing was 2.17 million Million euro in 2023. ▲ Rising
Latest (2023)
2.17 million Million euro
Change on year
up 7.2%
Rank
1st
of 9 regions
All-time high
2.17 million Million euro
in 2023
All-time low
1.34 million Million euro
in 2008
Years of data
16
2008–2023
Expenditure on pensions by type of pension and means-testing in European Economic Area except Liechtenstein, 2008–2023
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for expenditure on pensions by type of pension and means-testing in European Economic Area except Liechtenstein is 2.17 million Million euro, measured in 2023. That is the highest value across all 16 years on record.
The figure is up 7.2% on the previous year and up 39.2% over ten years.
Over the whole period, expenditure on pensions by type of pension and means-testing in European Economic Area except Liechtenstein peaked at 2.17 million Million euro in 2023 and was at its lowest, 1.34 million Million euro, in 2008.
The long-run direction has been consistently rising across the 16 years of available data.
Expenditure on pensions by type of pension and means-testing in European Economic Area except Liechtenstein, year by year
| Year | Million euro | Change |
|---|---|---|
| 2008 | 1.34 million Million euro | — |
| 2009 | 1.38 million Million euro | +3.3% |
| 2010 | 1.43 million Million euro | +3.5% |
| 2011 | 1.47 million Million euro | +3.0% |
| 2012 | 1.52 million Million euro | +2.8% |
| 2013 | 1.56 million Million euro | +2.8% |
| 2014 | 1.59 million Million euro | +2.2% |
| 2015 | 1.63 million Million euro | +2.5% |
| 2016 | 1.67 million Million euro | +2.0% |
| 2017 | 1.71 million Million euro | +2.6% |
| 2018 | 1.76 million Million euro | +2.8% |
| 2019 | 1.82 million Million euro | +3.6% |
| 2020 | 1.88 million Million euro | +3.1% |
| 2021 | 1.93 million Million euro | +3.0% |
| 2022 | 2.02 million Million euro | +4.6% |
| 2023 | 2.17 million Million euro | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.36 million Million euro | 1.34 million Million euro | 1.38 million Million euro | 2 |
| 2010s | 1.62 million Million euro | 1.43 million Million euro | 1.82 million Million euro | 10 |
| 2020s | 2.00 million Million euro | 1.88 million Million euro | 2.17 million Million euro | 4 |
Countries ranked near European Economic Area except Liechtenstein
- 1 Germany 484,354 Million euro compare
- 2 France 413,006 Million euro compare
- 3 Italy 350,367 Million euro compare
- 4 United Kingdom of Great Britain and Northern Ireland 262,723 Million euro compare
- 4 United Kingdom 262,723 Million euro compare
More reference data data for European Economic Area except Liechtenstein
- Expenditure on social benefits by function 4.72 million Million euro (2023)
- Expenditure on social protection by type of expenditure 4.92 million Million euro (2023)
- Expenditure on old age function by type of benefit and means-testing 1.95 million Million euro (2023)
- Expenditure on disability function by type of benefit and 344,019 Million euro (2023)
- Expenditure on survivors function by type of benefit and means-testing 256,740 Million euro (2023)
- Social contributions by type of contributors 2.85 million Million euro (2023)
- Social protection receipts by type 5.12 million Million euro (2023)
- Expenditure on social exclusion function by type of benefit and 116,961 Million euro (2023)
- Expenditure on family/children function by type of benefit and 412,797 Million euro (2023)
- Expenditure on social benefits by function, type of benefit and 4.72 million Million euro (2023)
Frequently asked questions
- What is expenditure on pensions by type of pension and means-testing in European Economic Area except Liechtenstein?
- Expenditure on pensions by type of pension and means-testing in European Economic Area except Liechtenstein was 2.17 million Million euro in 2023, according to Eurostat.
- What is the highest expenditure on pensions by type of pension and means-testing recorded in European Economic Area except Liechtenstein?
- The highest recorded value was 2.17 million Million euro in 2023.
- What is the lowest expenditure on pensions by type of pension and means-testing recorded in European Economic Area except Liechtenstein?
- The lowest recorded value was 1.34 million Million euro in 2008.
- How does European Economic Area except Liechtenstein rank for expenditure on pensions by type of pension and means-testing?
- European Economic Area except Liechtenstein ranks 1st out of 9 regions with data for 2023.
- Is expenditure on pensions by type of pension and means-testing rising or falling in European Economic Area except Liechtenstein?
- Over the last ten years it is up 39.2%. The long-run trend across the full record is rising.
- Where does this European Economic Area except Liechtenstein data come from?
- The figures come from Eurostat, published as part of Expenditure on pensions by type of pension and means-testing. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Eurostat).