US EditionSpain Will Be the Oecd Country that Will Allocate the Highest Percentage of Gdp to Pay Pensions in 20 Years
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OECD technicians point out that average spending will grow by 3.6 percentage points of GDP, equivalent to an additional 55.8 billion euros per year, and warn that the absence of corrective measures will increase the gap between income from social contributions and expenditure. Read
According to the OECD, starting in 2045, it will be the country with the highest proportion of GDP to spend on pensions in the absence of reforms, remaining in that position at least until 2060, according to the latest projections of the think tank of advanced economies. In its report Panorama de las Pensiones 2025, the OECD estimates that the percentage of GDP that Spain will have to allocate to support pensions will increase from 13.7% in 2025…
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