LV · 2021 · tps00103
Expenditure on pensions as percentage of GDP
Latvia, 2021
Expenditure on pensions as percentage of GDP
8.21
Latvia, 2021
▼ 2.6% vs 2020 (8.43)
Analysis
In 2021, Latvia's expenditure on pensions as percentage of GDP decreased by 2.6% compared to 2020, reaching 8.21.
Latvia accounts for 64.3% of the EU-27 total of 12.8.
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 grown by 5.0% (from 7.82 in 2016).
Source: Eurostat dataset tps00103, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2021
#21 of 27
% of EU-27 total · 2021
64.3%
EU-27: 12.8
Latvia timeline (last 15 years)
2012 2023
Source:
Eurostat · tps00103