LV · 2020 · tps00103
Expenditure on pensions as percentage of GDP
Latvia, 2020
Expenditure on pensions as percentage of GDP
8.43
Latvia, 2020
▲ 8.9% vs 2019 (7.74)
Analysis
In 2020, Latvia's expenditure on pensions as percentage of GDP increased by 8.9% compared to 2019, reaching 8.43.
Latvia accounts for 62.3% of the EU-27 total of 13.5.
Latvia ranks 22nd out of 27 EU member states with reported data — in the bottom half of the distribution.
Over the past five years, the indicator has grown by 6.4% (from 7.92 in 2015).
Source: Eurostat dataset tps00103, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2020
#22 of 27
% of EU-27 total · 2020
62.3%
EU-27: 13.5
Latvia timeline (last 15 years)
2012 2023
Source:
Eurostat · tps00103