State Retirement Pensions: Costs
(asked on 2nd March 2016) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what the cost of state pensions to the Government as a proportion of GDP was over each of the last 30 years; and what the projected cost of state pensions as a proportion of GDP is over each of the next 30 years.
The requested information is available from 1991/92 to 2045/46 in the table below:
| UK expenditure on State Pension as a proportion of Gross Domestic Product (GDP) | UK expenditure on State Pension as a proportion of GDP per million claimants of State Pension | |
1991-92 | 4.0% | 0.39% | |
1992-93 | 4.0% | 0.39% | |
1993-94 | 4.0% | 0.39% | |
1994-95 | 3.9% | 0.38% | |
1995-96 | 3.9% | 0.36% | |
1996-97 | 3.8% | 0.36% | |
1997-98 | 3.8% | 0.35% | |
1998-99 | 3.9% | 0.35% | |
1999-00 | 3.9% | 0.35% | |
2000-01 | 3.8% | 0.34% | |
2001-02 | 4.0% | 0.35% | |
2002-03 | 4.0% | 0.35% | |
2003-04 | 3.9% | 0.34% | |
2004-05 | 3.9% | 0.33% | |
2005-06 | 3.9% | 0.33% | |
2006-07 | 3.8% | 0.32% | |
2007-08 | 3.9% | 0.32% | |
2008-09 | 4.2% | 0.34% | |
2009-10 | 4.6% | 0.36% | |
2010-11 | 4.5% | 0.35% | |
2011-12 | 4.7% | 0.36% | |
2012-13 | 4.9% | 0.37% | |
2013-14 | 4.8% | 0.37% | |
2014-15 | 4.8% | 0.37% | |
2015-16 | 4.9% | 0.37% | |
2016-17 | 4.8% | 0.37% | |
2017-18 | 4.8% | 0.36% | |
2018-19 | 4.8% | 0.36% | |
2019-20 | 4.7% | 0.36% | |
2020-21 | 4.6% | 0.35% | |
2021/22 | 4.7% | 0.35% | |
2022/23 | 4.8% | 0.35% | |
2023/24 | 4.9% | 0.35% | |
2024/25 | 5.0% | 0.35% | |
2025/26 | 5.1% | 0.35% | |
2026/27 | 5.2% | 0.35% | |
2027/28 | 5.2% | 0.35% | |
2028/29 | 5.2% | 0.35% | |
2029/30 | 5.4% | 0.35% | |
2030/31 | 5.5% | 0.35% | |
2031/32 | 5.6% | 0.36% | |
2032/33 | 5.8% | 0.36% | |
2033/34 | 5.9% | 0.36% | |
2034/35 | 5.9% | 0.36% | |
2035/36 | 5.9% | 0.36% | |
2036/37 | 5.9% | 0.36% | |
2037/38 | 6.1% | 0.36% | |
2038/39 | 6.2% | 0.36% | |
2039/40 | 6.3% | 0.36% | |
2040/41 | 6.4% | 0.36% | |
2041/42 | 6.4% | 0.36% | |
2042/43 | 6.5% | 0.36% | |
2043/44 | 6.5% | 0.36% | |
2044/45 | 6.6% | 0.36% | |
2045/46 | 6.6% | 0.36% | |