The European Social Protection HICP shows significant variation by country. Lithuania leads with a value of 20.921 in 2024, followed by Estonia and Poland. Noteworthy increases in 2022 were seen in Lithuania (13.49%), Estonia (10.1%), and Poland (8.46%), indicating substantial growth. Conversely, Bulgaria experienced a significant decline of 20.22%. Fluctuations such as Finland's -1.12% suggest varied national economic conditions. The five-year CAGR highlights consistent upward trends across most nations despite minor setbacks, demonstrating resilience and recovery in social protection spending.
Future trends to watch include potential adjustments in social welfare policies influenced by economic climates and demographic shifts, which may alter expenditure levels across the region. Monitoring inflationary pressures and geopolitical factors will also be crucial in predicting shifts in the social protection landscape in Europe.
Top countries in Social Protection HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 209.21 | 2022 | +19.69% | +13.49% | View data |
| 2 | 2 Estonia | 183.58 | 2022 | +7.67% | +10.1% | View data |
| 3 | 3 Poland | 159.4 | 2022 | +15.26% | +8.46% | View data |
| 4 | 4 Latvia | 138.95 | 2022 | +8.44% | +5.83% | View data |
| 5 | 5 Czech Republic | 136.3 | 2022 | +17.2% | +5.93% | View data |
| 6 | 6 Romania | 136.3 | 2022 | +8.25% | +5.27% | View data |
| 7 | 7 Sweden | 127.16 | 2022 | +3.01% | +3.36% | View data |
| 8 | 8 Hungary | 123.93 | 2022 | +5.01% | +3.55% | View data |
| 9 | 9 Slovakia | 123.46 | 2022 | +4.98% | +3.55% | View data |
| 10 | 10 France | 119.94 | 2022 | +6.03% | +3.1% | View data |
