LV · 2022 · tps00103
Expenditure on pensions as percentage of GDP
Latvia, 2022
Expenditure on pensions as percentage of GDP
8.24
Latvia, 2022
▲ 0.4% vs 2021 (8.21)
Analysis
In 2022, Latvia's expenditure on pensions as percentage of GDP increased by 0.4% compared to 2021, reaching 8.24.
Latvia accounts for 67.5% of the EU-27 total of 12.2.
Latvia ranks 20th 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 7.0% (from 7.70 in 2017).
Source: Eurostat dataset tps00103, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2022
#20 of 27
% of EU-27 total · 2022
67.5%
EU-27: 12.2
Latvia timeline (last 15 years)
2012 2023
Source:
Eurostat · tps00103