Colombia vs New Zealand: Public expenditure on old-age and survivors cash benefits in % GDP
Public expenditure on old-age and survivors cash benefits in % GDP over time
- Colombia
- New Zealand
How they compare
Colombia currently reports 5.7 Percentage of GDP against 5.12 Percentage of GDP in New Zealand, a difference of 0.58 Percentage of GDP.
That makes Colombia's figure about 1.1 times New Zealand's.
The two have swapped places 1 time across 13 shared years of data; in 2010 it was Colombia ahead.
Colombia ranks 24th and New Zealand ranks 26th of 33 countries.
Colombia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Colombia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.69 Percentage of GDP | 4.79 Percentage of GDP | 0.8981 Percentage of GDP | Colombia |
| 2020s | 5.68 Percentage of GDP | 5.1 Percentage of GDP | 0.5743 Percentage of GDP | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public expenditure on old-age and survivors cash benefits in % gdp, Colombia or New Zealand?
- Colombia, at 5.7 Percentage of GDP against 5.12 Percentage of GDP in New Zealand as of 2023.
- What is the difference in public expenditure on old-age and survivors cash benefits in % gdp between Colombia and New Zealand?
- 0.58 Percentage of GDP, with Colombia ahead.
- How many years of comparable data are there for Colombia and New Zealand?
- 13 years are reported by both, from 2010 to 2022.
- How do Colombia and New Zealand rank globally for public expenditure on old-age and survivors cash benefits in % gdp?
- Colombia ranks 24th and New Zealand ranks 26th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Public expenditure on old-age and survivors cash benefits in % GDP — Social expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Social Expenditure Database (SOCX) has been developed in order to serve a growing need for indicators of social policy. It includes reliable and internationally comparable statistics on public and mandatory and voluntary private social expenditure at programme level. SOCX provides a unique tool for monitoring trends in aggregate social expenditure and analysing changes in its composition. It covers 38 OECD countries and some accession countries for the period 1980-2021/23 and estimates for aggregates for 2022-24. A Social Expenditure Update can be found under www.oecd.org/en/data/datasets/social-expenditure-database-socx.htm. The main social policy areas are as follows: Old age, Survivors, Incapacity-related benefits, Health, Family, Active labor market programmes, Unemployment, Housing, and Other social policy areas. This version also includes estimates of net total social spending for 2021 for 38 OECD countries. SOCX aggregated data as well as sources and methodology are described in The OECD SOCX Manual – 2019 edition- A guide to the OECD Social Expenditure Database.