Ministry of Finance, Statistical Service



22/02/2007
NEW PUBLICATION: SOCIAL PROTECTION IN CYPRUS, 2001 - 2004
22/02/2007



The Statistical Service announces that it has published the report “Social Protection in Cyprus 2001 – 2004”.

The report is based on a survey in compliance with the european system and provides detailed data on the Social Protection expenditure of the public and private sector. Social Protection expenditure includes old age, sickness, disability, unemployment, housing and other categories of benefits.

In 2004 the social protection expenditure amounted to £1.294 million compared to £1.246 million in 2003, i.e. an increase of almost 4%. For the year 2004, the social protection expenditure as a percentage of GDP was 17,5%. In the European Union, the corresponding percentage was on average 27,3%, in 2004.

Old age and sickness benefits in Cyprus, which were also the largest comprised 47% and 24% respectively, of the total social benefits.

The overwhelming majority of the benefits originated from public sources. Specifically, in the year 2004, the public sources were 81.6% of the total Social Protection benefits.

The report is available free of charge, on the web site of the Statistical Service.










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