Which has higher social contributions, Caribbean Small States or Latvia?

Latvia, at 31.7% against 12.2% in Caribbean Small States as of 2024.

How many years of comparable data are there for Caribbean Small States and Latvia?

18 years are reported by both, from 2001 to 2019.

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.

Caribbean Small States vs Latvia: Social contributions

Caribbean Small States

12.2%

in 2019

Latvia

31.7%

in 2024

Caribbean Small States rank

20th

Latvia rank

20th

Social contributions over time

Caribbean Small States
Latvia

How they compare

Latvia currently reports 31.7% against 12.2% in Caribbean Small States, a difference of 19.5%.

That makes Latvia's figure about 2.6 times Caribbean Small States's.

Across all 18 years both countries report, Latvia has been ahead every year.

Caribbean Small States ranks 20th and Latvia ranks 20th of 22 groups.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Caribbean Small States	Latvia	Difference	Ahead
2000s	4.7%	32.1%	27.4%	Latvia
2010s	8.0%	29.5%	21.5%	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher social contributions, Caribbean Small States or Latvia?: Latvia, at 31.7% against 12.2% in Caribbean Small States as of 2024.
What is the difference in social contributions between Caribbean Small States and Latvia?: 19.5%, with Latvia ahead.
How many years of comparable data are there for Caribbean Small States and Latvia?: 18 years are reported by both, from 2001 to 2019.
How do Caribbean Small States and Latvia rank globally for social contributions?: Caribbean Small States ranks 20th and Latvia ranks 20th of 22 groups.
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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Caribbean Small States vs Latvia: Social contributions. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 13 September 2026, from https://public-sector.statizoid.com/compare/social-contributions-percent-of-revenue/caribbean-small-states/latvia/

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About this data

Indicator: Social contributions (% of revenue)
Unit: % of revenue
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 134 places, 3,931 data points, 1972–2024
Last refreshed: 03 September 2026

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.