Iceland leads European countries in Sickness Net Social Protection as a percentage of GDP, followed closely by Germany and the Czech Republic. Notably, Cyprus and Latvia showed strong growth, with Cyprus experiencing over 20% year-on-year growth in 2023. Smaller increases were seen in core EU members like Germany and France, suggesting stable growth. In contrast, countries like Estonia and Hungary have seen marginal changes, indicating stagnation compared to other nations.
Looking ahead, factors such as demographic shifts, economic conditions, and healthcare policies will influence trends in Sickness Net Social Protection. Watch for policy reforms, particularly in countries growing their percentage of GDP spent on social protection, as it could impact future figures significantly.
Top countries in Sickness Net Social Protection by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 10.3 | 2023 | +4.99% | +4.97% | View data |
| 2 | 2 Germany | 9.71 | 2023 | +0.21% | +0.65% | View data |
| 3 | 3 Czech Republic | 9.47 | 2023 | +8.98% | +9.7% | View data |
| 4 | 4 Netherlands | 9.39 | 2023 | +0.11% | +2.11% | View data |
| 5 | 5 France | 9.36 | 2023 | +0.54% | +1.04% | View data |
| 6 | 6 Cyprus | 8.65 | 2023 | +9.36% | +20.82% | View data |
| 7 | 7 Switzerland | 8.59 | 2023 | +1.9% | +2.64% | View data |
| 8 | 8 Norway | 8.48 | 2023 | +1.31% | +3.85% | View data |
| 9 | 9 Austria | 8.42 | 2023 | +1.32% | +3.07% | View data |
| 10 | 10 Belgium | 8.23 | 2023 | +0.12% | +2.43% | View data |
