CY · 2023 · tps00103
Expenditure on pensions as percentage of GDP
Cyprus, 2023
Expenditure on pensions as percentage of GDP
7.58
Cyprus, 2023
▼ 3.4% vs 2022 (7.85)
Analysis
In 2023, Cyprus's expenditure on pensions as percentage of GDP decreased by 3.4% compared to 2022, reaching 7.58.
Cyprus accounts for 61.6% of the EU-27 total of 12.3.
Cyprus ranks 23rd out of 27 EU member states with reported data — in the bottom half of the distribution.
Over the past five years, the indicator has fallen by 16.0% (from 9.02 in 2018).
Source: Eurostat dataset tps00103, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2023
#23 of 27
% of EU-27 total · 2023
61.6%
EU-27: 12.3
Cyprus timeline (last 15 years)
2012 2023
Source:
Eurostat · tps00103