Social contributions in Greece
Greece: Social contributions was 31.52 billion current LCU in 2024. ◆ Volatile
Social contributions in Greece, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Greece recorded 31.52 billion current LCU for social contributions in 2024. That is the highest value across all 49 years on record.
That represents a change of up 7.9% on the previous year and up 30.8% over ten years.
Over the whole period, social contributions in Greece peaked at 31.52 billion current LCU in 2024 and was at its lowest, 70.67 million current LCU, in 1972.
That places Greece 55th out of 112 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions in Greece, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 70.67 million current LCU | — |
| 1973 | 83.35 million current LCU | +17.9% |
| 1974 | 98.75 million current LCU | +18.5% |
| 1975 | 124.28 million current LCU | +25.9% |
| 1976 | 166.90 million current LCU | +34.3% |
| 1977 | 214.12 million current LCU | +28.3% |
| 1978 | 263.68 million current LCU | +23.1% |
| 1979 | 336.35 million current LCU | +27.6% |
| 1980 | 397.59 million current LCU | +18.2% |
| 1981 | 526.40 million current LCU | +32.4% |
| 1982 | 848.13 million current LCU | +61.1% |
| 1983 | 1.08 billion current LCU | +27.6% |
| 1984 | 1.32 billion current LCU | +22.4% |
| 1985 | 1.65 billion current LCU | +24.8% |
| 1986 | 1.89 billion current LCU | +14.5% |
| 1987 | 2.08 billion current LCU | +9.7% |
| 1988 | 2.40 billion current LCU | +15.5% |
| 1989 | 2.69 billion current LCU | +12.0% |
| 1990 | 3.14 billion current LCU | +17.0% |
| 1995 | 9.63 billion current LCU | +206.6% |
| 1996 | 10.70 billion current LCU | +11.1% |
| 1997 | 12.12 billion current LCU | +13.3% |
| 1998 | 13.57 billion current LCU | +11.9% |
| 1999 | 14.78 billion current LCU | +8.9% |
| 2000 | 16.34 billion current LCU | +10.6% |
| 2001 | 17.73 billion current LCU | +8.5% |
| 2002 | 20.52 billion current LCU | +15.7% |
| 2003 | 22.30 billion current LCU | +8.7% |
| 2004 | 23.44 billion current LCU | +5.1% |
| 2005 | 24.54 billion current LCU | +4.7% |
| 2006 | 25.89 billion current LCU | +5.5% |
| 2007 | 28.89 billion current LCU | +11.6% |
| 2008 | 30.64 billion current LCU | +6.1% |
| 2009 | 29.34 billion current LCU | -4.2% |
| 2010 | 29.70 billion current LCU | +1.2% |
| 2011 | 27.27 billion current LCU | -8.2% |
| 2012 | 26.62 billion current LCU | -2.4% |
| 2013 | 24.45 billion current LCU | -8.1% |
| 2014 | 24.09 billion current LCU | -1.5% |
| 2015 | 24.42 billion current LCU | +1.4% |
| 2016 | 24.91 billion current LCU | +2.0% |
| 2017 | 26.00 billion current LCU | +4.4% |
| 2018 | 26.27 billion current LCU | +1.1% |
| 2019 | 26.65 billion current LCU | +1.5% |
| 2020 | 25.44 billion current LCU | -4.6% |
| 2021 | 27.27 billion current LCU | +7.2% |
| 2022 | 29.04 billion current LCU | +6.5% |
| 2023 | 29.22 billion current LCU | +0.6% |
| 2024 | 31.52 billion current LCU | +7.9% |
Greece compared with similar countries
- Greece's 31.52 billion current LCU is below the median for high income countries, which is 35.12 billion current LCU, 90% of the median. (49 countries reporting)
- Greece's 31.52 billion current LCU is below the median for Europe & Central Asia, which is 64.53 billion current LCU, 49% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Social contributions in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +206.6% | 3.14 billion current LCU | 9.63 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 169.76 million current LCU | 70.67 million current LCU | 336.35 million current LCU | 8 |
| 1980s | 1.49 billion current LCU | 397.59 million current LCU | 2.69 billion current LCU | 10 |
| 1990s | 10.66 billion current LCU | 3.14 billion current LCU | 14.78 billion current LCU | 6 |
| 2000s | 23.96 billion current LCU | 16.34 billion current LCU | 30.64 billion current LCU | 10 |
| 2010s | 26.04 billion current LCU | 24.09 billion current LCU | 29.70 billion current LCU | 10 |
| 2020s | 28.50 billion current LCU | 25.44 billion current LCU | 31.52 billion current LCU | 5 |
Countries ranked near Greece
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Frequently asked questions
- What is social contributions in Greece?
- Social contributions in Greece was 31.52 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 Greece?
- The highest recorded value was 31.52 billion current LCU in 2024.
- What is the lowest social contributions recorded in Greece?
- The lowest recorded value was 70.67 million current LCU in 1972.
- How does Greece rank for social contributions?
- Greece ranks 55th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Greece?
- Over the last ten years it is up 30.8%. The long-run trend across the full record is volatile.
- Where does this Greece 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.
Download this data
CSV · JSON — 49 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.