LV · 2019 · tps00103
Expenditure on pensions as percentage of GDP
Latvia, 2019
In 2019, Latvia's expenditure on pensions as percentage of GDP increased by 0.4% compared to 2018, reaching 7.74.
Latvia accounts for 61.5% of the EU-27 total of 12.6.
Latvia ranks 21st 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 5.1% (from 8.16 in 2014).
Source: Eurostat dataset tps00103, accessed via the eupublicdata pipeline.