Social spending represented 31.9% of GDP in France in 2024 | EUROtoday
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Sin response to a Eurostat research, spending on social safety advantages within the twenty-seven international locations of the European Union amounted to a complete of 4,925 billion euros in 2024, a rise of 6.9% in comparison with 2023. They elevated final yr in all EU international locations, with the most important will increase being recorded in Estonia (+ 19.5%), Croatia (+ 17.8%) and Romania (+17.5%), whereas the bottom will increase have been noticed in Greece (+3.2%), Sweden (+3.9%), Italy and Denmark (+4.3% every).
By class of expenditure, old-age advantages made up the most important share (2,044 billion euros, or 41.5% of the overall), forward of illness/well being care advantages (1,463 billion euros, or 29.7%).
Expenditures that peaked throughout Covid-19
In whole, social safety spending represented 27.34% of the European Union’s GDP in 2024, a rise of 0.6 share factors in comparison with the earlier yr. Among EU international locations, their share in relation to GDP was highest in Finland (32.46%), forward of France (31.94%) and Austria (31.82%). This proportion was lowest in Ireland (12.37%), Malta (13.35%) and Hungary (16.64%).
Among the 38 international locations within the OECD space, the load of public social safety spending stood on common at 20.8% of GDP in 2023, in comparison with 14.4% in 1975, with the bottom ranges noticed in Mexico and Turkey (10%).Finally, over an extended interval, expenditure dedicated to social safety advantages in France represented 0.6% of GDP in 1900, 1.1% of GDP in 1930, 14% in 1960 and 27.7% in 2000. It peaked at 34.9% of GDP in 2020 through the Covid-19 epidemic.
https://www.lepoint.fr/economie/les-depenses-sociales-ont-represente-31-9-du-pib-en-france-en-2024–12-11-2025-2602948_28.php