Austria vs Latin America & Caribbean (excluding high income): Social contributions
Social contributions over time
- Austria
- Latin America & Caribbean (excluding high income)
How they compare
Austria currently reports 34.2% against 16.1% in Latin America & Caribbean (excluding high income), a difference of 18.1%.
That makes Austria's figure about 2.1 times Latin America & Caribbean (excluding high income)'s.
Across all 15 years both countries report, Austria has been ahead every year.
Austria ranks 17th and Latin America & Caribbean (excluding high income) ranks 19th of 112 countries.
Austria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Austria | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 32.0% | 11.2% | 20.8% | Austria |
| 2010s | 32.7% | 12.8% | 20.0% | Austria |
| 2020s | 34.2% | 15.4% | 18.8% | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Austria or Latin America & Caribbean (excluding high income)?
- Austria, at 34.2% against 16.1% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in social contributions between Austria and Latin America & Caribbean (excluding high income)?
- 18.1%, with Austria ahead.
- How many years of comparable data are there for Austria and Latin America & Caribbean (excluding high income)?
- 15 years are reported by both, from 2008 to 2022.
- How do Austria and Latin America & Caribbean (excluding high income) rank globally for social contributions?
- Austria ranks 17th and Latin America & Caribbean (excluding high income) ranks 19th 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.