In accordance with the latest comparative information launched by Eurostat in January 2021 and referring to 2018, Cyprus is lagging behind within the sector of social safety. In accordance with the stated presentation, social safety expenditure of the private and non-private sector in Cyprus in 2018 amounted to solely 18.1% of GDP in comparison with the EU common of 27.5%.
That is what a survey launched just lately by the island’s Statistical Service in compliance with the European system exhibits.
France had the best proportion of social safety when it comes to GDP with 33.7%, adopted by Denmark’s 31.4%, Finland’s 30.1%, Germany’s 29.6% and Austria’s 29.1%.
Quite the opposite, lowest percentages have been recorded in Lithuania with 15.8%, Malta and Latvia with 15.2%, Romania with 15.0% and Eire with 14.2%.
In reply to related questions, Anastasia Anthousi, Deputy Minister of Social Welfare, stated a welfare state should regulate to the modifications within the society and that is precisely the goal of the Ministry, to modernize providers to be able to face the true social challenges.