LV · 2017 · tps00103
Expenditure on pensions as percentage of GDP
Latvia, 2017
In 2017, Latvia's expenditure on pensions as percentage of GDP decreased by 1.5% compared to 2016, reaching 7.70.
Latvia accounts for 60.7% of the EU-27 total of 12.7.
Latvia ranks 23rd out of 27 EU member states with reported data — in the bottom half of the distribution.
Over the past five years, the indicator has fallen by 9.9% (from 8.55 in 2012).
Source: Eurostat dataset tps00103, accessed via the eupublicdata pipeline.