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Ministry of Finance, Statistical Service

New Publication: Social Protection in Cyprus, 2014

The Statistical Service announces that it has published the report “Social Protection in Cyprus, 2014”.

The report is based on a survey in compliance with the European system and presents 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 2014, the social protection expenditure amounted to €4.036,9 million compared to €4.381,6 million in 2013. For the year 2014, the Social Protection expenditure as a percentage of GDP was 23,0%.
Old age and sickness benefits in Cyprus were the major components of all Social benefits and comprised 49,0% and 20,1% respectively, of the total.

The overwhelming majority of the benefits originated from public sources. Specifically, in the year 2014, the public sources amounted to 75,6% 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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