Latvia vs South Asia: Social contributions
Latvia
31.7%
in 2024
South Asia
1.0%
in 2022
Latvia rank
20th
South Asia rank
21st
Social contributions over time
- Latvia
- South Asia
How they compare
Latvia currently reports 31.7% against 1.0% in South Asia, a difference of 30.7%.
That makes Latvia's figure about 32.4 times South Asia's.
Across all 26 years both countries report, Latvia has been ahead every year.
Latvia ranks 20th and South Asia ranks 21st of 112 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | South Asia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 35.8% | 0.6% | 35.2% | Latvia |
| 2000s | 32.5% | 0.7% | 31.7% | Latvia |
| 2010s | 29.2% | 0.7% | 28.6% | Latvia |
| 2020s | 32.1% | 1.0% | 31.1% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Latvia or South Asia?
- Latvia, at 31.7% against 1.0% in South Asia as of 2024.
- What is the difference in social contributions between Latvia and South Asia?
- 30.7%, with Latvia ahead.
- How many years of comparable data are there for Latvia and South Asia?
- 26 years are reported by both, from 1994 to 2022.
- How do Latvia and South Asia rank globally for social contributions?
- Latvia ranks 20th and South Asia ranks 21st 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.