In 2023, Poland led European Family Net Social Protection spending with 4.05% of GDP, followed by Germany and Norway. Finland, Denmark, and Sweden maintained moderate levels. Notably, Poland's spending surged by 10.85% year-on-year, with Lithuania and Romania also seeing significant increases. Conversely, Ireland and Cyprus experienced declines, at -6.43% and -5.97% respectively. Over five years, the highest CAGR (Compound Annual Growth Rate) was observed in Poland, Lithuania, and Romania.
Future trends to watch include:
- Potential stabilizations or corrections in countries with rapid increases, like Poland.
- The impact of economic shifts on countries with declining or marginal growth rates, such as Ireland and Cyprus.
- Comparative performance in social protection among EU versus non-EU countries.
Top countries in Family Net Social Protection by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 4.05 | 2023 | +5.74% | +10.85% | View data |
| 2 | 2 Germany | 3.54 | 2023 | +1.43% | +1.91% | View data |
| 3 | 3 Norway | 3.15 | 2023 | +0.32% | +1.46% | View data |
| 4 | 4 Luxembourg | 3.14 | 2023 | -0.32% | +0.064% | View data |
| 5 | 5 Denmark | 2.97 | 2023 | -1.98% | -1.66% | View data |
| 6 | 6 Finland | 2.96 | 2023 | 0% | +0.97% | View data |
| 7 | 7 Sweden | 2.76 | 2023 | +0.36% | -0.072% | View data |
| 8 | 8 Austria | 2.73 | 2023 | -0.36% | +0.37% | View data |
| 9 | 9 Iceland | 2.72 | 2023 | -0.37% | +3.68% | View data |
| 10 | 10 Estonia | 2.34 | 2023 | +0.43% | +0.97% | View data |
