In 2023, France led European countries in Net Social Protection in unemployment, valued at 143.84 billion Euros. Germany follows with 65.25 billion Euros, exhibiting significant differences in social protection spending across countries. Variations from the previous year show substantial increases like Iceland at 64.68%, Poland at 38.42%, and Lithuania at 39.8%. However, Romania saw a notable decline by 23.56%. The five-year CAGR indicates an upward trend in several countries, influenced by differing national policies and economic conditions. France continues to exhibit substantial growth, while countries like Romania show variability.
Future trends to monitor include potential policy shifts impacting social protection spending. As economic challenges fluctuate, watch for changes in unemployment rates and labor market dynamics influencing these figures. Additionally, the ongoing digital transformation and its impact on job security and labor regulations might alter future spending dynamics, prompting countries to reassess their strategies accordingly.
Top countries in Unemployment Net Social Protection by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 143,840 | 2023 | +20.87% | +28.26% | View data |
| 2 | 2 Germany | 65,250 | 2023 | +4.96% | +17.05% | View data |
| 3 | 3 Italy | 27,620 | 2023 | +2.29% | +4.44% | View data |
| 4 | 4 Spain | 24,130 | 2023 | -1.63% | +4.68% | View data |
| 5 | 5 Belgium | 12,070 | 2023 | +0.29% | +9.73% | View data |
| 6 | 6 Austria | 8,110 | 2023 | +3.36% | +7.38% | View data |
| 7 | 7 Netherlands | 6,470 | 2023 | +3.21% | +11.03% | View data |
| 8 | 8 Switzerland | 6,170 | 2023 | +3.87% | +8.86% | View data |
| 9 | 9 Poland | 5,410 | 2023 | +19.56% | +38.42% | View data |
| 10 | 10 Finland | 4,910 | 2023 | +3.67% | +6.47% | View data |
