Latin America & Caribbean (excluding high income) vs Portugal: Social contributions
Social contributions over time
- Latin America & Caribbean (excluding high income)
- Portugal
How they compare
Portugal currently reports 31.4% against 16.1% in Latin America & Caribbean (excluding high income), a difference of 15.3%.
That makes Portugal's figure about 2.0 times Latin America & Caribbean (excluding high income)'s.
Across all 15 years both countries report, Portugal has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 19th and Portugal ranks 21st of 22 groups.
Portugal has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.2% | 31.9% | 20.7% | Portugal |
| 2010s | 12.8% | 30.0% | 17.2% | Portugal |
| 2020s | 15.4% | 31.2% | 15.8% | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Latin America & Caribbean (excluding high income) or Portugal?
- Portugal, at 31.4% against 16.1% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in social contributions between Latin America & Caribbean (excluding high income) and Portugal?
- 15.3%, with Portugal ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Portugal?
- 15 years are reported by both, from 2008 to 2022.
- How do Latin America & Caribbean (excluding high income) and Portugal rank globally for social contributions?
- Latin America & Caribbean (excluding high income) ranks 19th and Portugal ranks 21st 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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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.