The Lithuanian government's spending on social security was one of the lowest among all 28 members of the European Union (EU) in 2015, Eurostat said on Monday.
At the Vilnius Social Benefits Centre
© V.Cesevičiūtės nuotr.

In 2015, Lithuania earmarked 11.1 percent of GDP to social protection and was only ahead of Ireland 9.6 percent.

The respective ratios for Latvia and Estonia were 11.5 percent and 12.9 percent, respectively, while the EU average stood at 19.2 percent.

Overall, general government expenditure in Lithuania was one of the lowest in the EU and accounted for 35.1 percent of GDP in 2015, with smaller government spending only reported in Ireland (29.4 pct). The respective numbers in Latvia and Estonia were 37.1 percent and 40.3 percent.

Across the EU, general government expenditure accounted for 48.5 percent of GDP on average in 201 5.

Įvertink šį straipnį
Norėdami tobulėti, suteikiame jums galimybę įvertinti skaitomą DELFI turinį.
  • 1
  • 2
  • 3
  • 4
  • 5
(0 žmonių įvertino)
0
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Alternative lending in Baltics is taking market share from traditional banks and credit unions

In the ever-growing European alternative finance market, Lithuania - together with other Baltic...

Global supplier to mobility industry to open shared service centre in Lithuania

Dana Incorporated, a world leader in highly engineered solutions for improving the efficiency,...

Lithuanian organizations join forces to manage fintech risks

Nine Lithuanian entities agreed on Monday to cooperate in managing risks in the financial technology...

Clearer visions of the future in the strategic plans of the SOEs

An evaluation carried out by the Governance Coordination Centre , an institution promoting the good...

Earthport receives European Payment Institution license in Lithuania

The Lithuanian subsidiary of London-based cross-border payments facilitator Earthport (AIM: EPO) –...