Austria vs Latin America & Caribbean: Social contributions
Austria
34.2%
in 2024
Latin America & Caribbean
17.6%
in 2022
Austria rank
17th
Latin America & Caribbean rank
17th
Social contributions over time
- Austria
- Latin America & Caribbean
How they compare
Austria currently reports 34.2% against 17.6% in Latin America & Caribbean, a difference of 16.6%.
That makes Austria's figure about 1.9 times Latin America & Caribbean's.
Across all 19 years both countries report, Austria has been ahead every year.
Austria ranks 17th and Latin America & Caribbean ranks 17th 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 | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 32.2% | 10.1% | 22.0% | Austria |
| 2010s | 32.7% | 12.3% | 20.4% | Austria |
| 2020s | 34.2% | 17.1% | 17.1% | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Austria or Latin America & Caribbean?
- Austria, at 34.2% against 17.6% in Latin America & Caribbean as of 2024.
- What is the difference in social contributions between Austria and Latin America & Caribbean?
- 16.6%, with Austria ahead.
- How many years of comparable data are there for Austria and Latin America & Caribbean?
- 19 years are reported by both, from 2003 to 2022.
- How do Austria and Latin America & Caribbean rank globally for social contributions?
- Austria ranks 17th and Latin America & Caribbean ranks 17th 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.
Individual pages
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.