The government of the United Kingdom spent approximately 140.6 billion British pounds on pensions in 2023/24, compared with 123.7 billion in the previous financial year.
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Greece jumped by 1.2points of Public Pension Spending in 2019, compared to a year earlier.
Public spending on pensions represented **** percent of the GDP in 2023, compared with ***** percent in 2002.
This statistic shows the public pension expenditure in China as a share of GDP from 2014 to 2024. In 2024, the public pension expenditure in China accounted for *** percent of GDP.
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Global Public Pension Spending by Country, 2023 Discover more data with ReportLinker!
The expenditure on pensions in Italy accounted for **** percent of the GDP in 2022. Data include various types of pensions: old-age, anticipated old age, partial, disability, survivors', and reduced capacity to work. In Italy, the total social expenditure amounts to ** percent of the GDP, almost ten percentage points higher than the OECD average.
The government of the United Kingdom is expected to spend over ******billion British pounds on state pensions in 2024/25, compared with ******billion pounds in the previous year.
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Forecast: Public Pension Spending in the US 2024 - 2028 Discover more data with ReportLinker!
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In 2019, Public Pension Spending in Japan was 10 Percent of GDP. Discover more data with NationMaster!
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In 2019, Public Pension Spending in Germany was 10 Percent of GDP. Discover more data with NationMaster!
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Russia Pension Fund: Expenditure data was reported at 11,374,297.000 RUB mn in 2022. This records an increase from the previous number of 10,125,053.000 RUB mn for 2021. Russia Pension Fund: Expenditure data is updated yearly, averaging 1,786,457.000 RUB mn from Dec 1992 (Median) to 2022, with 31 observations. The data reached an all-time high of 11,374,297.000 RUB mn in 2022 and a record low of 918.000 RUB mn in 1992. Russia Pension Fund: Expenditure data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Government and Public Finance – Table RU.FF002: Pension Fund Revenue and Expenditure.
The Department for Work and Pensions (DWP) publishes details of all departmental spending over £25,000 on a monthly basis.
This data is also available on data.gov.uk:
A monthly-updated list of all financial transactions spending over £25,000 made by the Department for Work and Pensions, as part of the Government's commitment to transparency in expenditure.
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Forecast: Public Pension Spending in France 2023 - 2027 Discover more data with ReportLinker!
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Forecast: Private Pension Spending in Chile 2023 - 2027 Discover more data with ReportLinker!
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A monthly-updated list of all financial transactions spending over £500 made by Pensions Advisory Service, as part of the Government's commitment to transparency in expenditure.
The annual Mexican government's expenditure on pension benefits has been growing constantly since 2017, as the country experiences the effect of its population aging. The government's budget plans to allocate over 1.6 trillion pesos to pension benefits in 2023, the largest amount to date.
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Forecast: Private Pension Spending in France 2023 - 2027 Discover more data with ReportLinker!
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In 2019, Public Pension Spending in Spain was 11 Percent of GDP. Discover more data with NationMaster!
Expenditure on pensions by type of pension and means-testing
The government of the United Kingdom spent approximately 140.6 billion British pounds on pensions in 2023/24, compared with 123.7 billion in the previous financial year.