Social Protection Expenditure in Cyprus at 18.1% of GDP in 2018

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The social protection expenditure in Cyprus, as a percentage of the GDP, reached 18.1% in 2018, compared to 18.5% in 2017, which corresponds to €3,884.9 million in 2018, compared to €3,724.6 million in 2017, according to the results of the Social Protection Survey, which is based on the principles and rules determined by the European System of Integrated Social Protection Statistics (ESSPROS)  Distribution of Social Protection Expenditure by FunctionThe most significant functions were those of old age and sickness/healthcare, which combined, …

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