Social contributions in Germany
Germany: Social contributions was 719.67 billion current LCU in 2024. ◆ Volatile
Social contributions in Germany, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, social contributions in Germany stood at 719.67 billion current LCU. That is the highest value across all 52 years on record.
That represents a change of up 6.6% on the previous year and up 57.5% over ten years.
Over the whole period, social contributions in Germany peaked at 719.67 billion current LCU in 2024 and was at its lowest, 49.64 billion current LCU, in 1972.
Germany ranks 19th of 112 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 75.44 billion current LCU | 49.64 billion current LCU | 99.44 billion current LCU | 8 |
| 1980s | 147.19 billion current LCU | 117.40 billion current LCU | 177.94 billion current LCU | 10 |
| 1990s | 318.69 billion current LCU | 247.29 billion current LCU | 363.28 billion current LCU | 9 |
| 2000s | 379.82 billion current LCU | 364.04 billion current LCU | 392.10 billion current LCU | 10 |
| 2010s | 475.39 billion current LCU | 402.31 billion current LCU | 568.07 billion current LCU | 10 |
| 2020s | 641.14 billion current LCU | 577.00 billion current LCU | 719.67 billion current LCU | 5 |
Countries ranked near Germany
More public sector data for Germany
- Arms imports 239.00 million SIPRI trend indicator values (2024)
- Tax revenue 10.9% (2024)
- Taxes on income, profits and capital gains 16.5% (2024)
- Taxes on goods and services 20.0% (2024)
- Net investment in nonfinancial assets 1.1% (2024)
- Net lending (+) / net borrowing (-) -1.7% (2024)
- Interest payments 2.5% (2024)
- Grants and other revenue 7.9% (2024)
- Interest payments 1.4% (2022)
- Other taxes 0.0% (1980)
Frequently asked questions
- What is social contributions in Germany?
- Social contributions in Germany was 719.67 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Germany?
- The highest recorded value was 719.67 billion current LCU in 2024.
- What is the lowest social contributions recorded in Germany?
- The lowest recorded value was 49.64 billion current LCU in 1972.
- How does Germany rank for social contributions?
- Germany ranks 19th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Germany?
- Over the last ten years it is up 57.5%. The long-run trend across the full record is volatile.
- Where does this Germany data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.