Forecast: Non Means-Tested Gross Social Protection in Germany

In 2023, Germany's non means-tested gross social protection value stood at approximately 1.114 trillion euros. From 2024 to 2028, forecasts indicate a steady annual increase, with values expected to rise from 1.1667 trillion euros in 2024 to 1.3765 trillion euros in 2028. The year-on-year growth reveals consistent increments, showcasing a stable upward trend in this sector. The average compound annual growth rate (CAGR) for the period is positive, suggesting healthy growth in social protection spending over these five years.

Future trends to watch include the impact of demographic changes, such as an aging population, which may drive higher social protection needs. Additionally, economic conditions and policy shifts could significantly influence future forecasts and allocations in this area.