Portugal and Poland lead European countries in unemployment net social protection, while Nordic countries like Iceland, Sweden, and the Netherlands are at the lower end. In 2023, most countries showed minimal variations, with the Netherlands having the highest increase at 3.73% and Malta experiencing a significant decline of 7.09%. Over the last five years, the compounded annual growth rate (CAGR) shows variations highlighting dynamic shifts in social protection policies across Europe. Key countries such as Austria and Iceland have shown substantial reductions, suggesting potential shifts in policy or economic conditions impacting social protection levels.
Future trends to watch include the influence of economic recovery efforts and policy adjustments on unemployment support schemes across Europe. Monitoring the impact of labor market reforms and social welfare investments will be crucial to understanding variations in social protection efficacy in coming years.
Top countries in Unemployment Net Social Protection by Country
| # | 10 Countries | Percent of Gross Social Protection | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 99.71 | 2023 | +0.04% | +0.038% | View data |
| 2 | 2 Poland | 99.51 | 2023 | +1.12% | +1.65% | View data |
| 3 | 3 Greece | 99.22 | 2023 | +0.12% | +0.12% | View data |
| 4 | 4 Bulgaria | 98.88 | 2023 | +0.02% | -0.27% | View data |
| 5 | 5 Germany | 96.92 | 2023 | 0% | -0.031% | View data |
| 6 | 6 Estonia | 96.72 | 2023 | +0.37% | +0.12% | View data |
| 7 | 7 Croatia | 96.64 | 2023 | -0.22% | +0.15% | View data |
| 8 | 8 Slovenia | 96.14 | 2023 | -0.18% | -0.49% | View data |
| 9 | 9 Serbia | 95.77 | 2023 | -0.21% | -0.62% | View data |
| 10 | 10 Latvia | 95.62 | 2023 | 0% | +0.2% | View data |
