The 2023 data indicates that Spain leads European countries in Gross Social Protection spending, at 3.25% of GDP, while the United Kingdom and Estonia have the lowest, near 0.06% and 0.04%, respectively. Countries like Italy, Greece, and Croatia exhibit moderate spending above 2%, whereas nations like the Netherlands, Sweden, and smaller Baltic states present lower investment below 1%. Year-on-year trends reveal substantial variations, with Spain showing a strong growth of 7.54%, while some countries like Belgium, Germany, and Ireland display declines. Over five years, the compounded annual growth rate indicates a mixed trend across regions.
Future trends to monitor include the impact of political changes and economic conditions on social protection policies. Economic stability, demographic changes, and increasing life expectancy could further shape investment levels across European countries. Potential reform in EU policies and national budgets to address social protection needs might lead to shifts in expenditures, particularly in Western and Southern Europe. Digital advancements in administration and service delivery could also reallocate resources within broader social protection frameworks.
Top countries in Survivors Gross Social Protection by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 3.25 | 2023 | +5.52% | +7.54% | View data |
| 2 | 2 Italy | 2.79 | 2023 | +0.36% | +1.34% | View data |
| 3 | 3 Greece | 2.68 | 2023 | 0% | +2.15% | View data |
| 4 | 4 Croatia | 2.1 | 2023 | +0.48% | +3.36% | View data |
| 5 | 5 Serbia | 1.99 | 2023 | +2.05% | +2.26% | View data |
| 6 | 6 Portugal | 1.98 | 2023 | 0% | +2.15% | View data |
| 7 | 7 France | 1.7 | 2023 | 0% | +0.6% | View data |
| 8 | 8 Belgium | 1.68 | 2023 | -1.18% | -0.47% | View data |
| 9 | 9 Germany | 1.67 | 2023 | -1.18% | -0.82% | View data |
| 10 | 10 Poland | 1.57 | 2023 | -1.26% | -1.35% | View data |
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