New Publication: Social Protection in Cyprus, 2010-2011
The Statistical Service announces that it has published the report “Social Protection in Cyprus 2010 - 2011”.
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 2011, the social protection expenditure amounted to €4.069,6 million compared to €3.847,3 million in 2010, i.e. an increase of 5,8%. For the year 2011, the Social Protection expenditure as a percentage of GDP was 22,8%. In the European Union (EU 27) the corresponding percentage was on average 29,0%, in 2011.
Old age and sickness benefits in Cyprus were the major components of all Social benefits and comprised 42,4% and 22,7% respectively, of the total.
The overwhelming majority of the benefits originated from public sources. Specifically, in the year 2011, the public sources were 83,1% of the total Social Protection benefits.
The report is available free of charge, on the web site of the Statistical Service.
LIVING CONDITIONS AND SOCIAL PROTECTION
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