Public expenditure on old-age and survivors cash benefits in % GDP in Slovak Republic
Slovak Republic: Public expenditure on old-age and survivors cash benefits in % GDP was 7.43 Percentage of GDP in 2021. ▲ Rising
Public expenditure on old-age and survivors cash benefits in % GDP in Slovak Republic, 1995–2021
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for public expenditure on old-age and survivors cash benefits in % gdp in Slovak Republic is 7.43 Percentage of GDP, measured in 2021.
Compared with earlier readings it is down 4.1% on the previous year and up 11.0% over ten years.
Over the whole period, public expenditure on old-age and survivors cash benefits in % gdp in Slovak Republic peaked at 7.75 Percentage of GDP in 2020 and was at its lowest, 5.58 Percentage of GDP, in 2008.
The long-run direction has been consistently rising across the 27 years of available data.
Public expenditure on old-age and survivors cash benefits in % GDP in Slovak Republic, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1995 | 6.08 Percentage of GDP | — |
| 1996 | 6.09 Percentage of GDP | +0.3% |
| 1997 | 6.09 Percentage of GDP | -0.1% |
| 1998 | 6.24 Percentage of GDP | +2.4% |
| 1999 | 6.32 Percentage of GDP | +1.3% |
| 2000 | 6.25 Percentage of GDP | -1.0% |
| 2001 | 6.29 Percentage of GDP | +0.6% |
| 2002 | 6.34 Percentage of GDP | +0.8% |
| 2003 | 6.15 Percentage of GDP | -2.9% |
| 2004 | 6.06 Percentage of GDP | -1.5% |
| 2005 | 6.06 Percentage of GDP | -0.1% |
| 2006 | 5.88 Percentage of GDP | -3.0% |
| 2007 | 5.7 Percentage of GDP | -3.0% |
| 2008 | 5.58 Percentage of GDP | -2.1% |
| 2009 | 6.87 Percentage of GDP | +23.2% |
| 2010 | 6.68 Percentage of GDP | -2.8% |
| 2011 | 6.69 Percentage of GDP | +0.2% |
| 2012 | 6.86 Percentage of GDP | +2.5% |
| 2013 | 7.12 Percentage of GDP | +3.7% |
| 2014 | 7.39 Percentage of GDP | +3.8% |
| 2015 | 7.2 Percentage of GDP | -2.5% |
| 2016 | 7.24 Percentage of GDP | +0.4% |
| 2017 | 7.27 Percentage of GDP | +0.4% |
| 2018 | 7.15 Percentage of GDP | -1.6% |
| 2019 | 7.11 Percentage of GDP | -0.6% |
| 2020 | 7.75 Percentage of GDP | +8.9% |
| 2021 | 7.43 Percentage of GDP | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.16 Percentage of GDP | 6.08 Percentage of GDP | 6.32 Percentage of GDP | 5 |
| 2000s | 6.12 Percentage of GDP | 5.58 Percentage of GDP | 6.87 Percentage of GDP | 10 |
| 2010s | 7.07 Percentage of GDP | 6.68 Percentage of GDP | 7.39 Percentage of GDP | 10 |
| 2020s | 7.59 Percentage of GDP | 7.43 Percentage of GDP | 7.75 Percentage of GDP | 2 |
Countries ranked near Slovak Republic
- 1 Greece 16.18 Percentage of GDP compare
- 1 Poland 11.19 Percentage of GDP compare
- 1 Croatia 8.89 Percentage of GDP compare
- 2 Italy 16.09 Percentage of GDP compare
- 2 Slovenia 10.62 Percentage of GDP compare
- 3 Austria 14.02 Percentage of GDP compare
- 3 Latvia 7.52 Percentage of GDP compare
- 4 Estonia 6.78 Percentage of GDP compare
- 4 France 13.4 Percentage of GDP compare
- 5 Lithuania 6.5 Percentage of GDP compare
- 5 Portugal 12.92 Percentage of GDP compare
More economy & growth data for Slovak Republic
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.7 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 44.54 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0122 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0195 Index (2024)
- Index of digital trade integration and openness 0.1927 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 24 Percentage of taxable income (2026)
Frequently asked questions
- What is public expenditure on old-age and survivors cash benefits in % gdp in Slovak Republic?
- Public expenditure on old-age and survivors cash benefits in % gdp in Slovak Republic was 7.43 Percentage of GDP in 2021, according to Organisation for Economic Co-operation and Development.
- What is the highest public expenditure on old-age and survivors cash benefits in % gdp recorded in Slovak Republic?
- The highest recorded value was 7.75 Percentage of GDP in 2020.
- What is the lowest public expenditure on old-age and survivors cash benefits in % gdp recorded in Slovak Republic?
- The lowest recorded value was 5.58 Percentage of GDP in 2008.
- How does Slovak Republic rank for public expenditure on old-age and survivors cash benefits in % gdp?
- Slovak Republic ranks 2nd out of 3 groups with data for 2021.
- Is public expenditure on old-age and survivors cash benefits in % gdp rising or falling in Slovak Republic?
- Over the last ten years it is up 11.0%. The long-run trend across the full record is rising.
- Where does this Slovak Republic data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Public expenditure on old-age and survivors cash benefits in % GDP — Social expenditure. Statizoid updates them automatically from the source API.
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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.