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【National Institute of Population and Social Security Research】Social security benefits reached a record high of ¥125 trillion and the ratio of GDP increased.

2020年10月19日 (月)

On 16th, the National Institute of Population and Social Security Research published statistics of social security cost for fiscal 2018. Total social security benefits, including medical, and welfare benefits increased by ¥1244.9 billion (1.0%), which was ¥125.4294 trillion. Compared to the previous year, it recorded the highest. The ratio of GDP was 22.87% and it was up 0.19%.

Social Security Expenditure Statistics have complied with FY 18 expenditures for the social security system including medical insurance, pension, long-term care insurance, and public assistance for a year.

Social security benefits are divided into “Medical care”, “Annuity” and “Welfare and others”. “Medical care” increased by ¥324.9 billion (0.8%) from the previous year to ¥39.7445 trillion which accounted for 32.7% of the total.

“Welfare and others” increased by ¥591.1 billion (2.3%) to ¥26.5382 trillion.

Nursing care benefits included in the “Welfare and others” increased by ¥285.6 billion (2.8%) from the previous year to ¥10.3872 trillion.

“Annuity” was ¥55.2581 trillion which rose ¥423.2 billion (0.8%) from the previous year and accounted for 45.5% of the total. Same as the previous year, it was the largest among 3 categories.

Meanwhile, the ratio of social security benefits of GDP was up 0.19%. It reached 22.8% from the previous year. Per capita, the benefits increased ¥12,600 (1.3%) from the previous year and turned ¥961,200.

Looking at policy category, “Advanced age” was ¥57.6766 trillion accounted for 46% of the _total, “Health” ¥42.187 trillion for 33.6%, “Family” ¥9054.7 billion for 7.2%, “Bereaved family” ¥6507.4 billion for 5.2%, and “Handicapped・Occupational accidents・injuries” ¥6081 billion for 4.8%. Compared with the previous year, expenditures for “Bereaved family” decreased by 0.8% however others increased.


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