In 2023, Japan had the highest local government expenditure on social protection relative to other countries, with a share of 24.32 million US dollars PPP. Germany and the United Kingdom followed, while countries like Estonia and Greece represented the lower end of the scale. The previous year showed varied year-on-year percentage changes, with significant increases in Poland, Ireland, and Luxembourg. Conversely, Romania and Greece experienced negative trends. Over the last five years, the average annual growth has been modest, suggesting steady yet unremarkable rises in the allocation of resources to social protection by local governments.
Looking forward, maintaining an upward trend in social protection expenditures might depend on economic climates and policy priorities. Countries with strong growth in the previous years, such as Luxembourg and Ireland, may continue to enhance their social safety nets. Conversely, nations with declining or stagnant growth might need innovative approaches to manage social challenges efficiently. Monitoring shifts in economic policies, demographic pressures, and political landscapes will be essential to understanding future trends in global local government expenditures on social protection.
Top countries in Local Government Expenditures on Social Protection Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 24.32 | 2023 | +1.24% | +1.57% | View data |
| 2 | 2 Germany | 15.72 | 2023 | +2.45% | +2.58% | View data |
| 3 | 3 United Kingdom | 11.96 | 2023 | +1.24% | +0.85% | View data |
| 4 | 4 France | 8.31 | 2023 | +2.17% | +2.77% | View data |
| 5 | 5 South Korea | 7.98 | 2023 | +3.2% | +3.31% | View data |
| 6 | 6 Denmark | 7.59 | 2023 | +2.03% | +2.39% | View data |
| 7 | 7 Poland | 4.99 | 2023 | +4.2% | +6.29% | View data |
| 8 | 8 Sweden | 4.32 | 2023 | +1.96% | +1.95% | View data |
| 9 | 9 Netherlands | 3.81 | 2023 | +1.95% | +1.91% | View data |
| 10 | 10 Italy | 2.16 | 2023 | +1.39% | +1.73% | View data |
