LU · 2023 · tps00103
Expenditure on pensions as percentage of GDP
Luxembourg, 2023
Expenditure on pensions as percentage of GDP
10.2
Luxembourg, 2023
▲ 4.8% vs 2022 (9.71)
Analysis
In 2023, Luxembourg's expenditure on pensions as percentage of GDP increased by 4.8% compared to 2022, reaching 10.2.
Luxembourg accounts for 82.8% of the EU-27 total of 12.3.
Luxembourg ranks 14th 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 6.8% (from 9.53 in 2018).
Source: Eurostat dataset tps00103, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2023
#14 of 27
% of EU-27 total · 2023
82.8%
EU-27: 12.3
Luxembourg timeline (last 15 years)
2012 2023
Source:
Eurostat · tps00103