United States - Public Pension Spending
Since 2014, United States Public Pension Spending grew 0.7points year on year. With 7.23 Percent of GDP in 2019, the country was number 20 among other countries in Public Pension Spending. United States is overtaken by Sweden, which was ranked number 19 at 7.25 Percent of GDP and is followed by Estonia with 7.06 Percent of GDP. Greece ranked the highest with 18.32 Percent of GDP in 2019, that is an increase of 2points compared to 2018. Italy, Portugal and France respectively ranked number 2, 3 and 4 in this ranking. South Korea witnessed the best average annual growth at +3.9points per year, while Ireland witnessed the worst performance at -3.6points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 7.23 |
| 2018 | 7.17 |
| 2017 | 7.06 |
| 2016 | 7.17 |
| 2015 | 7.05 |
Download all data from 1980 to 2019
How does United States rank in Public Pension Spending?
| # | 35 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
18.32 % | 2019 | +1.9 % | +2.2 % | View data | |
| 2 |
#2
Italy
|
16.91 % | 2019 | +0.9 % | +0.8 % | View data | |
| 19 |
#19
Sweden
|
7.25 % | 2019 | -0.1 % | -0.4 % | View data | |
| 20 |
#20
United States
|
7.23 % | 2019 | +0.8 % | +0.7 % | View data | |
| 21 |
#21
Estonia
|
7.06 % | 2019 | +0.7 % | +1.6 % | View data | |