In 2023, Luxembourg led European countries with nearly full coverage (99.8%) of old age social protection benefits subject to social contributions, followed closely by Germany (97.92%). Countries like France (68.65%) and Ireland (45.29%) display significantly lower coverage levels. When analyzing data trends over the past five years, the average increase per year (CAGR) in social protection benefits subject to contributions was nil, indicating stability in coverage levels across most countries, with only minor fluctuations.
Looking forward, pay attention to demographic shifts and economic policies that may impact the sustainability and coverage of social protection systems. The aging population will likely exert pressure on national budgets, pushing countries to reconsider contribution levels and eligibility criteria, potentially altering the social protection landscape by 2030. Additionally, economic disparities among nations could lead to varying adaptations in their systems.
Top countries in Old Age Social Protection Benefits Subject to Social Contributions by Country
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Luxembourg | 99.8 | 2023 | View data |
| 2 | 2 Germany | 97.92 | 2023 | View data |
| 3 | 3 Croatia | 95.96 | 2023 | View data |
| 4 | 4 Poland | 94.23 | 2023 | View data |
| 5 | 5 Greece | 93.49 | 2023 | View data |
| 6 | 6 Netherlands | 90.59 | 2023 | View data |
| 7 | 7 Austria | 89.95 | 2023 | View data |
| 8 | 8 Finland | 88.11 | 2023 | View data |
| 9 | 9 Belgium | 85 | 2023 | View data |
| 10 | 10 Switzerland | 81.7 | 2023 | View data |
