Analysis of the 2023 European Social Exclusion Net Social Protection indicates that France and Italy have the highest levels relative to GDP, with year-on-year increases of 15.32% and 14.6% respectively. Conversely, countries like Ireland and Romania experienced significant declines, at -36.9% and -6.17%. Poland showed the most substantial percentage increase at 29.2%. While the Netherlands and Denmark had marginal shifts, Germany saw moderate growth at 6.67%. Over the past five years, fluctuations indicate varied economic priorities and levels of social investment among European nations.
Future trends to watch in the European Social Exclusion Net Social Protection include:
- The continuation of growth in countries like France and Italy, reflecting their priorities toward social protection mechanisms.
- The impact of economic shifts and potential austerity measures on declining countries like Ireland and Romania.
- The potential stabilization or further fluctuations in countries with minor changes, indicating shifts in social policies or economic conditions.
- The role of EU policies and funding in supporting social protection, particularly for underperforming nations.
Top countries in Social Exclusion Net Social Protection by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2.08 | 2023 | +11.83% | +15.32% | View data |
| 2 | 2 Italy | 1.72 | 2023 | +6.17% | +14.6% | View data |
| 3 | 3 Netherlands | 1.37 | 2023 | +0.74% | +1.05% | View data |
| 4 | 4 Denmark | 1.31 | 2023 | +0.77% | -0.3% | View data |
| 5 | 5 Cyprus | 1.13 | 2023 | +0.89% | +0.18% | View data |
| 6 | 6 Belgium | 1.09 | 2023 | +4.81% | +8.95% | View data |
| 7 | 7 Finland | 0.95 | 2023 | 0% | +2.49% | View data |
| 8 | 8 Slovenia | 0.89 | 2023 | +2.3% | +4.62% | View data |
| 9 | 9 Iceland | 0.81 | 2023 | +2.53% | +6.19% | View data |
| 10 | 10 Sweden | 0.69 | 2023 | +2.99% | -3.39% | View data |
