Germany leads Europe with €318.34 Billion in old age net social protection, followed by France and Italy with €295.68 Billion and €208.67 Billion, respectively. Significant year-on-year growth rates observed include Switzerland at 5.33% and Romania at 8.61%. Over the last 5 years, countries like Lithuania and Slovenia have seen high annual average growth, suggesting a focus on strengthening their social protection systems.
Future trends to watch include demographic shifts such as aging populations which will likely increase demand for social protections. Economic policies and fiscal adjustments in response to economic pressures may redefine contributions to old age social funds across Europe.
Top countries in Old Age Net Social Protection by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 318,340 | 2023 | +3.68% | +4.18% | View data |
| 2 | 2 France | 295,680 | 2023 | +1.78% | +2.01% | View data |
| 3 | 3 Italy | 208,670 | 2023 | +0.88% | +1.64% | View data |
| 4 | 4 Spain | 123,590 | 2023 | +2.31% | +3.12% | View data |
| 5 | 5 Netherlands | 68,640 | 2023 | +2.08% | +3.52% | View data |
| 6 | 6 Switzerland | 66,300 | 2023 | +3.91% | +5.33% | View data |
| 7 | 7 Sweden | 55,890 | 2023 | +3.65% | +3.63% | View data |
| 8 | 8 Belgium | 54,970 | 2023 | +3.75% | +4.08% | View data |
| 9 | 9 Austria | 51,010 | 2023 | +4.14% | +4.66% | View data |
| 10 | 10 Poland | 46,810 | 2023 | +2.92% | +4.35% | View data |
