Total Social Security Accounts 2014 – Social security expenditure accounted for 24.5% of GDP
Neuchâtel, 01.07.2016 - Neuchâtel, 01.07.2016 (FSO) - In 2014 expenditure on social benefits from the Swiss social security system amounted to CHF 157 billion. This corresponds to a 24.5% share of the gross domestic product (GDP). Compared with the previous year, inflation-adjusted expenditure rose by 2.1%. This increase was below the average annual growth rate since 1990 of 3.3%. Since 1990 real expenditure has more than doubled. These are some of the provisional results from the 2014 Total Social Security Accounts of the Federal Statistical Office (FSO).
This press release and further information on this topic can be found on the FSO website (see link below)
Address for enquiries
Michele Adamoli, FSO, Social Analysis section, +41 58 46 36234, michele.adamoli@bfs.admin.ch
Publisher
Federal Statistical Office
http://www.statistics.admin.ch
