LV · 2019 · tps00103

Expenditure on pensions as percentage of GDP

Latvia, 2019

Expenditure on pensions as percentage of GDP
7.74
Latvia, 2019
▲ 0.4% vs 2018 (7.71)
Analysis

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.

Rank in EU-27 · 2019
#21 of 27
% of EU-27 total · 2019
61.5%
EU-27: 12.6
Latvia timeline (last 15 years)
2012 2023