Eurostat announced on Tuesday that of EU member states, Finland uses the greatest amount of public funds on social security in relation to gross domestic product (GDP). Finland uses 25.4% of GDP on social security. The next highest proportions are in France, Denmark, Austria and Italy. On average, EU countries use 19.4% of GDP on social security. After Denmark, Finland uses the second greatest share of money in relation to GDP on healthcare. What comes to education costs, Finland’s expenses are the third biggest, Talouselämä writes.

Media:  Talouselämä

Date: 22.3.2016

Journalist: –

Main source: –