Social contributions in India
India: Social contributions was 24.31 billion current LCU in 2022. ◆ Volatile
Social contributions in India, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, social contributions in India stood at 24.31 billion current LCU.
That represents a change of down 19.5% over ten years.
Over the whole period, social contributions in India peaked at 30.20 billion current LCU in 2012 and was at its lowest, 430.00 million current LCU, in 1992.
India ranks 59th of 112 countries on this measure, 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 India, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 620.00 million current LCU | — |
| 1991 | 530.00 million current LCU | -14.5% |
| 1992 | 430.00 million current LCU | -18.9% |
| 1993 | 510.00 million current LCU | +18.6% |
| 1994 | 430.00 million current LCU | -15.7% |
| 1995 | 470.00 million current LCU | +9.3% |
| 1996 | 490.00 million current LCU | +4.3% |
| 1997 | 760.00 million current LCU | +55.1% |
| 1998 | 1.38 billion current LCU | +81.6% |
| 1999 | 1.45 billion current LCU | +5.1% |
| 2000 | 1.26 billion current LCU | -13.1% |
| 2001 | 9.90 billion current LCU | +685.7% |
| 2002 | 6.82 billion current LCU | -31.1% |
| 2003 | 4.69 billion current LCU | -31.2% |
| 2004 | 9.15 billion current LCU | +95.1% |
| 2005 | 8.22 billion current LCU | -10.2% |
| 2006 | 8.22 billion current LCU | +0.0% |
| 2007 | 7.79 billion current LCU | -5.2% |
| 2008 | 16.23 billion current LCU | +108.3% |
| 2009 | 21.14 billion current LCU | +30.3% |
| 2010 | 25.72 billion current LCU | +21.7% |
| 2011 | 14.95 billion current LCU | -41.9% |
| 2012 | 30.20 billion current LCU | +102.0% |
| 2013 | 26.96 billion current LCU | -10.7% |
| 2014 | 13.48 billion current LCU | -50.0% |
| 2015 | 16.39 billion current LCU | +21.6% |
| 2016 | 17.04 billion current LCU | +4.0% |
| 2017 | 28.28 billion current LCU | +66.0% |
| 2018 | 28.25 billion current LCU | -0.1% |
| 2022 | 24.31 billion current LCU | -14.0% |
India compared with similar countries
- India's 24.31 billion current LCU is above the median for lower middle income countries, which is 15.58 billion current LCU, 1.6× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Social contributions in India 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 |
|---|---|---|---|
| 2001 | +685.7% | 1.26 billion current LCU | 9.90 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 707.00 million current LCU | 430.00 million current LCU | 1.45 billion current LCU | 10 |
| 2000s | 9.34 billion current LCU | 1.26 billion current LCU | 21.14 billion current LCU | 10 |
| 2010s | 22.36 billion current LCU | 13.48 billion current LCU | 30.20 billion current LCU | 9 |
| 2020s | 24.31 billion current LCU | 24.31 billion current LCU | 24.31 billion current LCU | 1 |
Countries ranked near India
More public sector data for India
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
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- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is social contributions in India?
- Social contributions in India was 24.31 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in India?
- The highest recorded value was 30.20 billion current LCU in 2012.
- What is the lowest social contributions recorded in India?
- The lowest recorded value was 430.00 million current LCU in 1992.
- How does India rank for social contributions?
- India ranks 59th out of 112 countries with data for 2022.
- Is social contributions rising or falling in India?
- Over the last ten years it is down 19.5%. The long-run trend across the full record is volatile.
- Where does this India 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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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.