Barbados vs Panama: Social contributions

Barbados
239,182 current LCU
in 2016
Panama
1.83 million current LCU
in 2018
Barbados rank
108th
Panama rank
106th

Social contributions over time

  • Barbados
  • Panama
025.0M50.0M75.0M100.0M125.0M200320102018

How they compare

Panama currently reports 1.83 million current LCU against 239,182 current LCU in Barbados, a difference of 1.59 million current LCU.

That makes Panama's figure about 7.6 times Barbados's.

Barbados ranks 108th and Panama ranks 106th of 112 countries.

Panama has averaged higher in every one of the 1 decades both report.

Frequently asked questions

Which has higher social contributions, Barbados or Panama?
Panama, at 1.83 million current LCU against 239,182 current LCU in Barbados as of 2018.
What is the difference in social contributions between Barbados and Panama?
1.59 million current LCU, with Panama ahead.
How do Barbados and Panama rank globally for social contributions?
Barbados ranks 108th and Panama ranks 106th 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.

Individual pages

About this data

Indicator
Social contributions (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
112 places, 3,266 data points, 1972–2024
Last refreshed

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.