Cyprus vs New Zealand: Social contributions
Social contributions over time
- Cyprus
- New Zealand
How they compare
Cyprus currently reports 4.52 billion current LCU against 2.95 billion current LCU in New Zealand, a difference of 1.57 billion current LCU.
That makes Cyprus's figure about 1.5 times New Zealand's.
The two have swapped places 2 times across 23 shared years of data; in 2001 it was Cyprus ahead.
Cyprus ranks 84th and New Zealand ranks 87th of 112 countries.
Across the 3 decades both report, Cyprus averaged higher in 2 and New Zealand in 1.
Head to head by decade
| Decade | Cyprus | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.29 billion current LCU | 372.95 million current LCU | 914.91 million current LCU | Cyprus |
| 2010s | 2.05 billion current LCU | 2.38 billion current LCU | 332.64 million current LCU | New Zealand |
| 2020s | 3.68 billion current LCU | 2.54 billion current LCU | 1.14 billion current LCU | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Cyprus or New Zealand?
- Cyprus, at 4.52 billion current LCU against 2.95 billion current LCU in New Zealand as of 2024.
- What is the difference in social contributions between Cyprus and New Zealand?
- 1.57 billion current LCU, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and New Zealand?
- 23 years are reported by both, from 2001 to 2024.
- How do Cyprus and New Zealand rank globally for social contributions?
- Cyprus ranks 84th and New Zealand ranks 87th 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.