Private pension spending in France showed significant fluctuations over the past decade. Starting with a value of 0.41 in 2013, it decreased to 0.28 by 2014, then fluctuated until a notable rise in 2019 to 0.79. The values steadied around 0.79 between 2020 and 2022 before reaching 0.82 in 2023. By 2024, the value is projected to be 0.86, continuing an upward trend through 2028 to 0.99.
Annual variations provide insight into the shifts in spending; noteworthy points include a 34.71% increase in 2016 and a sharp 77.13% increase in 2019, followed by a stabilization period. The 5-year CAGR ending in 2023 was 12.84%, signifying robust growth. Looking ahead, the 5-year CAGR from 2024 to 2028 is forecasted at 2.92%, expected to yield a growth of 15.49% by 2028.
Future trends to monitor include demographic changes affecting pension needs, potential policy reforms impacting private pensions, and economic factors influencing GDP, which could alter spending growth rates.