Social spending in Germany climb to record level – THE WORLD
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social spending in Germany to rise to record high
According to a media report, the expenditure amounted to a total of 888.2 billion euros – an increase of 4.5 percent. For the first time, the cost of care than those in unemployment.
According to a media report, the expenditure amounted to a total of 888.2 billion euros – an increase of 4.5 percent. For the first time, the cost of care than those in unemployment
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social spending in Germany to a report, rose to a record high last year. The “Bild” newspaper quoted figures from the Federal Ministry of Social Affairs, after which these issues could be summed in 2015 to 888.2 billion euros. This amount is 4.5 percent higher than the previous year in 2014, when amounted social spending to 849.8 billion euros.
The highest single item in social budget thus were the pension with 282.4 billion euros, the insurance 211.9 billion euros and the civil servants’ pensions at 52.9 billion euros.
For the first time were reported to be spending on nursing care with 28.9 billion euros above those of unemployment at 27.4 billion euros. The contribution of private households for financing the social budget rose from EUR 278 billion in 2014 to almost 289 billion in the year, 2015.
AFP / mol
Photo: Infographic the world the largest item in social expenditure
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