Expenditure on pensions by type of pension and means-testing in United Kingdom
United Kingdom: Expenditure on pensions by type of pension and means-testing was 262,723 Million euro in 2018. ▲ Rising
Latest (2018)
262,723 Million euro
Change on year
up 1.2%
World rank
4th
of 45 countries
All-time high
297,488 Million euro
in 2015
All-time low
79,803 Million euro
in 1990
Years of data
29
1990–2018
Expenditure on pensions by type of pension and means-testing in United Kingdom, 1990–2018
Source: Eurostat. Measured in Million euro.
Analysis
United Kingdom recorded 262,723 Million euro for expenditure on pensions by type of pension and means-testing in 2018.
That represents a change of up 1.2% on the previous year and up 30.4% over ten years.
Over the whole period, expenditure on pensions by type of pension and means-testing in United Kingdom peaked at 297,488 Million euro in 2015 and was at its lowest, 79,803 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 pensions by type of pension and means-testing in United Kingdom, year by year
| Year | Million euro | Change |
|---|---|---|
| 1990 | 79,803 Million euro | — |
| 1991 | 93,428 Million euro | +17.1% |
| 1992 | 98,206 Million euro | +5.1% |
| 1993 | 100,358 Million euro | +2.2% |
| 1994 | 105,622 Million euro | +5.2% |
| 1995 | 103,343 Million euro | -2.2% |
| 1996 | 111,757 Million euro | +8.1% |
| 1997 | 140,281 Million euro | +25.5% |
| 1998 | 145,640 Million euro | +3.8% |
| 1999 | 158,627 Million euro | +8.9% |
| 2000 | 191,119 Million euro | +20.5% |
| 2001 | 189,051 Million euro | -1.1% |
| 2002 | 184,487 Million euro | -2.4% |
| 2003 | 175,301 Million euro | -5.0% |
| 2004 | 187,325 Million euro | +6.9% |
| 2005 | 197,456 Million euro | +5.4% |
| 2006 | 209,131 Million euro | +5.9% |
| 2007 | 220,511 Million euro | +5.4% |
| 2008 | 201,398 Million euro | -8.7% |
| 2009 | 192,748 Million euro | -4.3% |
| 2010 | 209,258 Million euro | +8.6% |
| 2011 | 214,329 Million euro | +2.4% |
| 2012 | 242,292 Million euro | +13.0% |
| 2013 | 236,118 Million euro | -2.5% |
| 2014 | 259,635 Million euro | +10.0% |
| 2015 | 297,488 Million euro | +14.6% |
| 2016 | 259,258 Million euro | -12.9% |
| 2017 | 259,663 Million euro | +0.2% |
| 2018 | 262,723 Million euro | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 113,707 Million euro | 79,803 Million euro | 158,627 Million euro | 10 |
| 2000s | 194,853 Million euro | 175,301 Million euro | 220,511 Million euro | 10 |
| 2010s | 248,974 Million euro | 209,258 Million euro | 297,488 Million euro | 9 |
Countries ranked near United Kingdom
More reference data data for United Kingdom
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- Stock of vehicles by category and NUTS 2 region 36.71 million Number (2018)
- Deaths (total) by NUTS 3 region 614,313 Number (2018)
- Establishments, bedrooms and bed-places in tourist accommodation, by 84,580 Number (2016)
- Deaths by age, sex and NUTS 2 region 614,313 Number (2018)
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Frequently asked questions
- What is expenditure on pensions by type of pension and means-testing in United Kingdom?
- Expenditure on pensions by type of pension and means-testing in United Kingdom was 262,723 Million euro in 2018, according to Eurostat.
- What is the highest expenditure on pensions by type of pension and means-testing recorded in United Kingdom?
- The highest recorded value was 297,488 Million euro in 2015.
- What is the lowest expenditure on pensions by type of pension and means-testing recorded in United Kingdom?
- The lowest recorded value was 79,803 Million euro in 1990.
- How does United Kingdom rank for expenditure on pensions by type of pension and means-testing?
- United Kingdom ranks 4th out of 45 countries with data for 2018.
- Is expenditure on pensions by type of pension and means-testing rising or falling in United Kingdom?
- Over the last ten years it is up 30.4%. 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 pensions by type of pension and means-testing. Statizoid updates them automatically from the source API.
Download this data
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