Top EU countries with the highest expenditure for survivors’ benefits
Luxembourg is the European Union country that spends most on survivors’ benefits. At the opposite end is Estonia, according to a recent report published by Eurostat.
Nearly 220 million Euros were spent in 2014 in the European Union for survivors’ benefits. The money represents almost 6% of the total sum spent for social benefits.
Still the percentage significantly varies among the EU countries, with the highest being found in Poland: 10,2%.
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The following four positions are occupied by Greece (10%), Spain (9,9%), Croatia (,9,8%) and Italy (9,3%), while at the opposite end are Great Britain, with 0,35%, Estonia (0,42%) and Norway (1,01%). The top 5 further includes Latvia (1,37%) and Ireland (2,17%).
Above the EU average percentage are also Hungary, Austria, Slovenia, Cyprus, Belgium, Germany, Denmark, Portugal, Luxembourg and Malta.
On the other hand, the sum spent for survivors’ benefits per capita is highest in Luxembourg – 1,608 euros – and Denmark -1,039 euros, with the two countries followed by Italy (716 euros), Austria (701 euros), Belgium (698 euros) and Germany (679 euros).
The bottom of the ranking includes Bulgaria (58 euros), Romania (51 euros), Great Britain (34 euros), Latvia (23 euros) and Estonia (9 euros).
The European average is 431 euros per capita.
At the same time, Eurostat reported early this year that in 2014, the expenses for social protection accounted for at least 30% of the GDP in seven European countries.
The first positions in this ranking were occupied by France – 34,3%, Denmark – 33,5%, Finland – around 32%, The Netherlands – around 31%, Belgium – 30,3%, Austria and Italy – each with 30%. At the opposite end, with a share of under 15%, there were Latvia – 14,5%, Lithuania – 14,7% and Romania – 14,8% of the GDP.
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In the EU, the top countries directing to the elderly the highest sums from the social protection funds are Greece (65%), Poland (60,4%), Italy (58,6%), Portugal (57,5%) and Cyprus (55,5%).
At the lower end of the ranking is Ireland, with a 29,8% share of the expenses for social protection directed to the elderly, Luxembourg (37,7%), Germany (39,2%) and Belgium (40,3%). The average European percentage of elderly expenses is of 45,9% out of the total funds for social benefits.
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