LU · 2023 · tespn070
Aggregate replacement ratio for pensions (excluding other social benefits) by sex
Luxembourg, 2023
In 2023, Luxembourg's aggregate replacement ratio for pensions (excluding other social benefits) by sex decreased by 28.9% compared to 2022, reaching 1.38.
Luxembourg accounts for 116.9% of the EU-27 total of 1.18.
Luxembourg ranks 4th out of 26 EU member states with reported data — in the top half of the distribution.
Over the past five years, the indicator has fallen by 24.2% (from 1.82 in 2018).
Source: Eurostat dataset tespn070, accessed via the eupublicdata pipeline.