The United States leads global central government expenditures on social protection, prominently outpacing the United Kingdom and Germany. In 2023, notable year-on-year trends include high growth rates for countries like Lithuania and Poland, experiencing over 4% increases, while Hungary saw a slight contraction. Over the last five years, countries like Estonia and Latvia have shown consistent growth in expenditure, while larger economies such as France and Italy also display significant increases, mostly above their average growth rates, fueled by ongoing policy adjustments and demographic needs.
Future trends to watch for include increased allocations towards digitization of social services, adaptation to demographic shifts with aging populations, and greater emphasis on addressing inequalities exacerbated by economic disruptions and climate change. An emerging pattern is the potential for exploring more targeted social protection schemes, particularly for vulnerable and marginalized communities across these regions.
Top countries in Central Government Expenditures on Social Protection Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 43.88 | 2023 | +1.82% | +2.36% | View data |
| 2 | 2 United Kingdom | 11.38 | 2023 | +1.33% | +1.44% | View data |
| 3 | 3 Germany | 7.45 | 2023 | +1.46% | +1.57% | View data |
| 4 | 4 Japan | 6.63 | 2023 | +1.57% | +1.8% | View data |
| 5 | 5 Italy | 5.1 | 2023 | +2.24% | +3.24% | View data |
| 6 | 6 France | 4.79 | 2023 | +2.11% | +2.96% | View data |
| 7 | 7 Poland | 2.67 | 2023 | +2.64% | +4.34% | View data |
| 8 | 8 Netherlands | 1.89 | 2023 | +2.02% | +3.63% | View data |
| 9 | 9 Norway | 1.63 | 2023 | +1.85% | +1.82% | View data |
| 10 | 10 South Korea | 1.6 | 2023 | +2.05% | +2.06% | View data |