The forecasted means-tested net social protection in Italy is projected to increase from 3.46% of GDP in 2024 to 3.94% by 2028. From 2023 to 2024, there is a slight increase, continuing consistently over the subsequent years. The compound annual growth rate (CAGR) from 2024 to 2028 suggests a gradual increase, averaging around 2.65% yearly.
Key future trends to watch for include:
- The impact of demographic changes on social protection needs.
- Government fiscal policies influencing social protection budgets.
- Potential economic fluctuations that might affect GDP ratios.
