By / June 18, 2013

Long Term Care expenditure, 2010 (% of GPD)

Long Term Care expenditure, 2010 (% of GPD)

Long Term Care expenditure, 2010 (% of GPD)

In 2010, there were roughly four working persons for each retired person; due to declining birth rates as well as increasing longevity, in 2060 it is expected that there will be only two to help support each of their elders through taxes and social contributions. Moreover since the economic crisis began in 2008, many MS are trying to reduce budget deficits,


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