Aggregate replacement ratio for pensions (excluding other social benefits) by sex

In 2024, Luxembourg's aggregate replacement ratio for pensions (excluding other social benefits) by sex increased by 13.0% compared to 2023, reaching 1.56.

Luxembourg accounts for 130.0% of the EU-27 total of 1.20.

Luxembourg ranks 4th out of 27 EU member states with reported data — in the top half of the distribution.

Over the past five years, the indicator has fallen by 8.2% (from 1.70 in 2019).

Source: Eurostat dataset tespn070, accessed via the eupublicdata pipeline.