ES · 2023 · tps00103
Expenditure on pensions as percentage of GDP
Spain, 2023
Expenditure on pensions as percentage of GDP
13.2
Spain, 2023
▲ 1.4% vs 2022 (13.0)
Analysis
In 2023, Spain's expenditure on pensions as percentage of GDP increased by 1.4% compared to 2022, reaching 13.2.
Spain accounts for 107.0% of the EU-27 total of 12.3.
Spain ranks 6th out of 27 EU member states with reported data — in the top half of the distribution.
Over the past five years, the indicator has grown by 5.5% (from 12.5 in 2018).
Source: Eurostat dataset tps00103, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2023
#6 of 27
% of EU-27 total · 2023
107.0%
EU-27: 12.3
Spain timeline (last 15 years)
2012 2023
Source:
Eurostat · tps00103