Expenditure on pensions by type of pension and means-testing in European Union - 28 countries (2013-2020)
European Union - 28 countries (2013-2020): Expenditure on pensions by type of pension and means-testing was 1.98 million Million euro in 2018. ▲ Rising
Expenditure on pensions by type of pension and means-testing in European Union - 28 countries (2013-2020), 2008–2018
Source: Eurostat. Measured in Million euro.
Analysis
European Union - 28 countries (2013-2020) recorded 1.98 million Million euro for expenditure on pensions by type of pension and means-testing in 2018. That is the highest value across all 11 years on record.
That represents a change of up 2.6% on the previous year and up 30.7% over ten years.
Over the whole period, expenditure on pensions by type of pension and means-testing in European Union - 28 countries (2013-2020) peaked at 1.98 million Million euro in 2018 and was at its lowest, 1.51 million Million euro, in 2008.
The long-run direction has been consistently rising across the 11 years of available data.
Expenditure on pensions by type of pension and means-testing in European Union - 28 countries (2013-2020), year by year
| Year | Million euro | Change |
|---|---|---|
| 2008 | 1.51 million Million euro | — |
| 2009 | 1.55 million Million euro | +2.3% |
| 2010 | 1.61 million Million euro | +4.0% |
| 2011 | 1.66 million Million euro | +2.7% |
| 2012 | 1.72 million Million euro | +3.9% |
| 2013 | 1.76 million Million euro | +2.1% |
| 2014 | 1.82 million Million euro | +3.3% |
| 2015 | 1.89 million Million euro | +4.3% |
| 2016 | 1.89 million Million euro | -0.4% |
| 2017 | 1.93 million Million euro | +2.2% |
| 2018 | 1.98 million Million euro | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.53 million Million euro | 1.51 million Million euro | 1.55 million Million euro | 2 |
| 2010s | 1.81 million Million euro | 1.61 million Million euro | 1.98 million Million euro | 9 |
Countries ranked near European Union - 28 countries (2013-2020)
More reference data data for European Union - 28 countries (2013-2020)
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- Net occupancy rate of bed-places and bedrooms in hotels and similar 60.1% (2019)
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Frequently asked questions
- What is expenditure on pensions by type of pension and means-testing in European Union - 28 countries (2013-2020)?
- Expenditure on pensions by type of pension and means-testing in European Union - 28 countries (2013-2020) was 1.98 million Million euro in 2018, according to Eurostat.
- What is the highest expenditure on pensions by type of pension and means-testing recorded in European Union - 28 countries (2013-2020)?
- The highest recorded value was 1.98 million Million euro in 2018.
- What is the lowest expenditure on pensions by type of pension and means-testing recorded in European Union - 28 countries (2013-2020)?
- The lowest recorded value was 1.51 million Million euro in 2008.
- How does European Union - 28 countries (2013-2020) rank for expenditure on pensions by type of pension and means-testing?
- European Union - 28 countries (2013-2020) ranks 3rd out of 9 regions with data for 2018.
- Is expenditure on pensions by type of pension and means-testing rising or falling in European Union - 28 countries (2013-2020)?
- Over the last ten years it is up 30.7%. The long-run trend across the full record is rising.
- Where does this European Union - 28 countries (2013-2020) 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.
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