Austria vs Latin America & the Caribbean (IDA & IBRD countries): Social contributions
Social contributions over time
- Austria
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Austria currently reports 34.2% against 19.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 14.3%.
That makes Austria's figure about 1.7 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 25 years both countries report, Austria has been ahead every year.
Austria ranks 17th and Latin America & the Caribbean (IDA & IBRD countries) ranks 16th of 112 countries.
Austria has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Austria | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 33.8% | 9.8% | 24.0% | Austria |
| 2000s | 32.4% | 10.0% | 22.4% | Austria |
| 2010s | 32.7% | 12.3% | 20.4% | Austria |
| 2020s | 34.0% | 17.8% | 16.2% | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Austria or Latin America & the Caribbean (IDA & IBRD countries)?
- Austria, at 34.2% against 19.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in social contributions between Austria and Latin America & the Caribbean (IDA & IBRD countries)?
- 14.3%, with Austria ahead.
- How many years of comparable data are there for Austria and Latin America & the Caribbean (IDA & IBRD countries)?
- 25 years are reported by both, from 1998 to 2024.
- How do Austria and Latin America & the Caribbean (IDA & IBRD countries) rank globally for social contributions?
- Austria ranks 17th 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.
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.