In 2023, France led with the highest expenditure on social protection among European countries, followed by Spain, Italy, and the Netherlands. Notably, smaller countries like Lithuania, Estonia, and Slovenia showcased double-digit growth rates, signifying rapid expansions in their social protection investments. While Italy experienced a slight decline, countries like Belgium, Portugal, and Luxembourg recorded impressive increases, suggesting a growing prioritization of social welfare.
Looking ahead, it will be crucial to monitor the continued expansion in smaller economies and whether larger economies like Italy recover. The impact of economic conditions and policy changes will also be significant in shaping these expenditure patterns.
Top countries in Household Expenditure on Social Protection Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 49.08 | 2023 | +1.92% | +1.47% | View data |
| 2 | 2 Spain | 13.67 | 2023 | +2.02% | +0.89% | View data |
| 3 | 3 Italy | 12.85 | 2023 | +1.2% | -0.25% | View data |
| 4 | 4 Netherlands | 9.11 | 2023 | +2.08% | +3.7% | View data |
| 5 | 5 Belgium | 6.06 | 2023 | +1.61% | +5.11% | View data |
| 6 | 6 Portugal | 4.44 | 2023 | +2.56% | +4.55% | View data |
| 7 | 7 Ireland | 2.02 | 2023 | +2.34% | +3.59% | View data |
| 8 | 8 Luxembourg | 0.85 | 2023 | -0.052% | +7.02% | View data |
| 9 | 9 Croatia | 0.62 | 2023 | +1.73% | +6.04% | View data |
| 10 | 10 Slovenia | 0.54 | 2023 | +2.88% | +7.91% | View data |
