Andorra vs Latin America & the Caribbean (IDA & IBRD countries): Social contributions
Social contributions over time
- Andorra
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Andorra currently reports 34.5% against 19.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 14.6%.
That makes Andorra's figure about 1.7 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 7 years both countries report, Andorra has been ahead every year.
Andorra ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 16th of 112 countries.
Andorra has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Andorra | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 34.9% | 12.6% | 22.3% | Andorra |
| 2020s | 36.0% | 17.8% | 18.2% | Andorra |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Andorra or Latin America & the Caribbean (IDA & IBRD countries)?
- Andorra, at 34.5% against 19.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in social contributions between Andorra and Latin America & the Caribbean (IDA & IBRD countries)?
- 14.6%, with Andorra ahead.
- How many years of comparable data are there for Andorra and Latin America & the Caribbean (IDA & IBRD countries)?
- 7 years are reported by both, from 2018 to 2024.
- How do Andorra and Latin America & the Caribbean (IDA & IBRD countries) rank globally for social contributions?
- Andorra ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 16th of 112 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Social contributions (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.