Social expenditure in Austria reached a historical high in 2021

Last year, social expenditure in Austria reached the highest level so far with 132 billion euros (+2.3% compared to the previous year) according to Statistics Austria.

About 56 billion euros (+5% compared to the previous year) were spent on old-age pensions, civil servants’ pensions, occupational pensions and on care services (43% of total social benefits expenditure).

Expenditure on sickness and health care comprising all age groups, at a level of 34 billion euros, was in second place with a share of 26% in total social benefits.

Other social benefits went to unemployment and family/children (9% each), disability and survivors (5% each) as well as 2% for housing/social exclusion.

In 2021, because of the recovery on the labour market substantially less was spent for short-time working allowances (-33%) and unemployment benefits (-32%).

On the other hand, expenses for unemployment assistance have risen slightly (+2%; 1.9 billion euros) due to the increasing long-term unemployment.

Support for self-employed, granted to compensate loss of income caused by the pandemic, saw a remarkable increase (+14%; 2021: 1.3 billion euros).

MUST READ: 1.472.000 persons in Austria at risk of poverty or social exclusion in 2019

- Advertisment -


Borussia Dortmund had over EUR 400 million revenues in financial year 2022/2023

In financial year 2022/2023, the lifting of COVID-19 pandemic related restrictions affecting Borussia Dortmund's business model led to an...