Projected state pension expenditure under low fertility scenario
The metrics below move with State Pension Expenditure — Low Fertility Projection across UK places. A positive correlation means the two tend to rise together; a negative one means as this rises, the other tends to fall.
| # | Metric | Strength | r | n |
|---|---|---|---|---|
| 1 | Elderly Population (65+) — Baseline Projectionprojection | very_strong | 1.00 | 514 |
| 2 | State Pension Expenditure — Baseline Projectionprojection | very_strong | 1.00 | 514 |
| 3 | Elderly Population (65+) — Low Fertility Projectionprojection | very_strong | 1.00 | 514 |
| 4 | Elderly Population (65+) — Extended Working Projectionprojection | very_strong | 1.00 | 514 |
| 5 | State Pension Expenditure — Extended Working Projection |
| # | Metric | Strength | r | n |
|---|---|---|---|---|
| 1 | Net Fiscal Balance — Baseline Projectionprojection | very_strong | -0.93 | 514 |
| 2 | Net Fiscal Balance — High Migration Projectionprojection | very_strong | -0.93 | 514 |
| 3 | Net Fiscal Balance — Low Fertility Projectionprojection | very_strong | -0.93 | 514 |
| 4 |
Data: precomputed cross-metric correlations (latest period).
| very_strong |
| 1.00 |
| 514 |
| 6 | Total Expenditure — Baseline Projectionprojection | very_strong | 1.00 | 514 |
| 7 | Total Expenditure — Low Fertility Projectionprojection | very_strong | 1.00 | 514 |
| 8 | Total Expenditure — Extended Working Projectionprojection | very_strong | 1.00 | 514 |
| 9 | SDLT Transactionseconomic | very_strong | 0.99 | 69 |
| 10 | Elderly Population (65+) — High Migration Projectionprojection | very_strong | 0.99 | 514 |
| 11 | State Pension Expenditure — High Migration Projectionprojection | very_strong | 0.99 | 514 |
| 12 | Total Population — Low Fertility Projectionprojection | very_strong | 0.99 | 514 |
| 13 | Total Population — Baseline Projectionprojection | very_strong | 0.99 | 514 |
| 14 | Total Population — Extended Working Projectionprojection | very_strong | 0.99 | 514 |
| 15 | Population Upper Bound — Low Fertility Projectionprojection | very_strong | 0.99 | 514 |
| very_strong |
| -0.92 |
| 514 |
| 5 | Net Fiscal After Interest — Baseline Projectionprojection | very_strong | -0.92 | 514 |
| 6 | Net Fiscal After Interest — Low Fertility Projectionprojection | very_strong | -0.92 | 514 |
| 7 | Net Fiscal Balance — Extended Working Projectionprojection | very_strong | -0.91 | 514 |
| 8 | Net Fiscal After Interest — Extended Working Projectionprojection | very_strong | -0.90 | 514 |
| 9 | Cumulative Deficit — High Migration Projectionprojection | very_strong | -0.90 | 514 |
| 10 | Cumulative Balance (incl. Interest) — High Migration Projectionprojection | very_strong | -0.89 | 514 |
| 11 | Cumulative Deficit — Baseline Projectionprojection | very_strong | -0.89 | 514 |
| 12 | Cumulative Balance (incl. Interest) — Baseline Projectionprojection | very_strong | -0.89 | 514 |
| 13 | Cumulative Deficit — Low Fertility Projectionprojection | very_strong | -0.89 | 514 |
| 14 | Cumulative Balance (incl. Interest) — Low Fertility Projectionprojection | very_strong | -0.88 | 514 |
| 15 | Cumulative Deficit — Extended Working Projectionprojection | very_strong | -0.86 | 514 |