Belgium vs Latin America & the Caribbean (IDA & IBRD countries): Social contributions
Social contributions over time
- Belgium
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Belgium currently reports 35.6% against 19.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 15.7%.
That makes Belgium's figure about 1.8 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 25 years both countries report, Belgium has been ahead every year.
Belgium ranks 13th and Latin America & the Caribbean (IDA & IBRD countries) ranks 16th of 112 countries.
Belgium has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Belgium | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34.3% | 9.8% | 24.5% | Belgium |
| 2000s | 34.9% | 10.0% | 24.9% | Belgium |
| 2010s | 35.6% | 12.3% | 23.3% | Belgium |
| 2020s | 36.1% | 17.8% | 18.2% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Belgium or Latin America & the Caribbean (IDA & IBRD countries)?
- Belgium, at 35.6% against 19.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in social contributions between Belgium and Latin America & the Caribbean (IDA & IBRD countries)?
- 15.7%, with Belgium ahead.
- How many years of comparable data are there for Belgium and Latin America & the Caribbean (IDA & IBRD countries)?
- 25 years are reported by both, from 1998 to 2024.
- How do Belgium and Latin America & the Caribbean (IDA & IBRD countries) rank globally for social contributions?
- Belgium ranks 13th 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.