Latvia vs Upper middle income: Social contributions
Latvia
31.7%
in 2024
Upper middle income
16.9%
in 2023
Latvia rank
20th
Upper middle income rank
18th
Social contributions over time
- Latvia
- Upper middle income
How they compare
Latvia currently reports 31.7% against 16.9% in Upper middle income, a difference of 14.8%.
That makes Latvia's figure about 1.9 times Upper middle income's.
Across all 16 years both countries report, Latvia has been ahead every year.
Latvia ranks 20th and Upper middle income ranks 18th of 112 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 32.2% | 13.5% | 18.7% | Latvia |
| 2010s | 29.6% | 14.0% | 15.5% | Latvia |
| 2020s | 31.7% | 17.9% | 13.9% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Latvia or Upper middle income?
- Latvia, at 31.7% against 16.9% in Upper middle income as of 2024.
- What is the difference in social contributions between Latvia and Upper middle income?
- 14.8%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Upper middle income?
- 16 years are reported by both, from 2008 to 2023.
- How do Latvia and Upper middle income rank globally for social contributions?
- Latvia ranks 20th and Upper middle income ranks 18th 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.