Italy vs Romania: Social contributions

Italy
278.44 billion current LCU
in 2024
Romania
206.52 billion current LCU
in 2024
Italy rank
29th
Romania rank
31st

Social contributions over time

  • Italy
  • Romania
0100.0B200.0B300.0B197219982024

How they compare

Italy currently reports 278.44 billion current LCU against 206.52 billion current LCU in Romania, a difference of 71.92 billion current LCU.

That makes Italy's figure about 1.3 times Romania's.

Across all 52 years both countries report, Italy has been ahead every year.

Italy ranks 29th and Romania ranks 31st of 112 countries.

Italy has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Italy Romania Difference Ahead
1970s 10.14 billion current LCU 2.13 million current LCU 10.14 billion current LCU Italy
1980s 47.54 billion current LCU 4.56 million current LCU 47.54 billion current LCU Italy
1990s 116.98 billion current LCU 1.38 billion current LCU 115.60 billion current LCU Italy
2000s 179.13 billion current LCU 29.49 billion current LCU 149.64 billion current LCU Italy
2010s 220.55 billion current LCU 69.71 billion current LCU 150.84 billion current LCU Italy
2020s 255.93 billion current LCU 158.39 billion current LCU 97.54 billion current LCU Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher social contributions, Italy or Romania?
Italy, at 278.44 billion current LCU against 206.52 billion current LCU in Romania as of 2024.
What is the difference in social contributions between Italy and Romania?
71.92 billion current LCU, with Italy ahead.
How many years of comparable data are there for Italy and Romania?
52 years are reported by both, from 1973 to 2024.
How do Italy and Romania rank globally for social contributions?
Italy ranks 29th and Romania ranks 31st 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.