Armenia vs Luxembourg: Social contributions
Social contributions over time
- Armenia
- Luxembourg
How they compare
Luxembourg currently reports 10.42 billion current LCU against 8.70 billion current LCU in Armenia, a difference of 1.72 billion current LCU.
That makes Luxembourg's figure about 1.2 times Armenia's.
Across all 12 years both countries report, Armenia has been ahead every year.
Armenia ranks 70th and Luxembourg ranks 68th of 112 countries.
Armenia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 81.88 billion current LCU | 4.01 billion current LCU | 77.87 billion current LCU | Armenia |
| 2010s | 66.86 billion current LCU | 5.60 billion current LCU | 61.26 billion current LCU | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Armenia or Luxembourg?
- Luxembourg, at 10.42 billion current LCU against 8.70 billion current LCU in Armenia as of 2024.
- What is the difference in social contributions between Armenia and Luxembourg?
- 1.72 billion current LCU, with Luxembourg ahead.
- How many years of comparable data are there for Armenia and Luxembourg?
- 12 years are reported by both, from 2004 to 2015.
- How do Armenia and Luxembourg rank globally for social contributions?
- Armenia ranks 70th and Luxembourg ranks 68th of 112 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Social contributions (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.