In 2024, France's total expenditure on net social protection as a percentage of GDP is projected to be 34.24%, with a gradual increase to 35.01% by 2028. The expenditure reflects a year-on-year variation of approximately 0.58% annually over the forecast period from 2024 to 2028. The compound annual growth rate (CAGR) for these five years demonstrates consistent, modest growth.
Trends to watch include demographic changes that may affect social protection needs, potential policy shifts impacting expenditure levels, and economic factors like GDP growth which could alter the share of GDP devoted to social protection. Monitoring these elements is essential to understand future expenditure dynamics in France.
