Forecast: Total Expenditure on Gross Social Protection in Germany

In 2023, total expenditure on gross social protection in Germany stood at a significant portion of GDP. From 2024 to 2028, this expenditure is projected to consistently increase from 31.76% to 32.6% of GDP. The year-on-year variations remain relatively steady, indicating a gradual upward trend. Over these years, the Compound Annual Growth Rate (CAGR) highlights a modest annual increase in spending, reflecting a stable but continuous commitment to social protection.

Future trends to watch for include:

  • Economic shifts affecting GDP growth, influencing relative social protection spending.
  • Policy changes that might impact how social protection is prioritized in national budgeting.
  • Demographic changes that could increase or decrease the demand for social services.

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