"Germany spends a larger share of its public budget on social security than any of its European neighbours, according to a study from the Cologne-based German Economic Institute (IW). The employer-aligned institute said 41% of Germany's total expenditure goes to social programs, with nearly half of that devoted to old-age pensions. Nordic countries, as well as Austria and Switzerland, spend about 40%."
"The analysis covered public expenditure from 2001 to 2023 and compared Germany with neighbouring countries considered economically and culturally similar. Administrative costs were found to be comparatively high, increasing from 7.2% to 11% of total spending over the two decades. Education remained the weakest area. Germany spent just 9.3% of its budget on education, placing it last in the comparison and far behind Austria and Switzerland. The study also highlighted deficits in staffing levels and public investment."
Germany allocates 41% of its total public expenditure to social programs, with nearly half of that devoted to old-age pensions. Health spending accounts for about 16% of the budget, similar to Nordic and Benelux levels. Administrative costs rose from 7.2% to 11% of total spending between 2001 and 2023. Education receives just 9.3% of the budget, the lowest in the comparison and well behind Austria and Switzerland. Staffing shortfalls and weak public investment are evident. There are calls to limit further growth in state spending, especially in social and healthcare sectors, amid pension reform tensions.
Read at www.dw.com
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