Comparison of Pension Systems: Ukraine and the World

The amount of pension payments varies significantly across different countries, influenced by the level of economic development and social policy. In many countries, pensions are several times higher than those in Ukraine.

This is reported by AgroReview

According to the Global Pension Index by Mercer CFA Institute, the Netherlands is recognized as the leader among pension systems. In second place are Iceland, Denmark, and Israel. For example, in the Netherlands, the average pension is approximately $2,770, while in Iceland, this amount nearly reaches $2,550.

Pension System in Ukraine

In Denmark, retirees who have lived in the country for over 40 years can receive payments of up to 80.2% of their former income. In comparison, the average pension in Ukraine in 2025 is 5,851 hryvnias (approximately $140).

The ranking was based on a comparison of pension systems in 48 countries using over 50 indicators. Ukraine was not analyzed in this study.

Global Challenges

Despite the stability of leading pension systems, the global demographic situation poses serious challenges for pension programs. Decreasing birth rates, increasing life expectancy, as well as high healthcare costs and public debt are putting pressure on budgets.

Among other countries, the USA ranked 29th in the pension systems ranking, the United Kingdom 11th, Japan 36th, and China 31st. The lowest positions in the ranking are held by India, Argentina, and the Philippines, which are among the three countries with the least effective pension systems.