Ageing cost projections – new evidence from the 2024 Ageing Report

Edmund Moshammer and Joachim Schroth

Economic Bulletin Boxes, 2024, vol. 5

Abstract: This box presents the main results of the 2024 Ageing Report for the European Union Member States. Ageing-related fiscal costs in the euro area are projected to rise by 1.4 percentage points by 2070, increasing from 24.1% of GDP to stand at 25.6% of GDP, with notable variance across countries. These costs are a key consideration in assessing long-term fiscal sustainability. JEL Classification: J11, H55, H68

Keywords: Ageing population; fiscal policies; pension expenditure (search for similar items in EconPapers)
Date: 2024-08
Note: 3510124
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