Social contributions (current LCU) in Portugal
Portugal: Social contributions (current LCU) was 35.12 billion current LCU in 2024. ◆ Volatile
Latest (2024)
35.12 billion current LCU
Change on year
up 9.5%
World rank
53rd
of 112 countries
All-time high
35.12 billion current LCU
in 2024
All-time low
83.30 million current LCU
in 1973
Years of data
52
1973–2024
Social contributions in Portugal, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for social contributions in Portugal is 35.12 billion current LCU, measured in 2024. That is the highest value across all 52 years on record.
That represents a change of up 9.5% on the previous year and up 77.1% over ten years.
Over the whole period, social contributions in Portugal peaked at 35.12 billion current LCU in 2024 and was at its lowest, 83.30 million current LCU, in 1973.
That places Portugal 53rd 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 (current LCU) in Portugal, year by year
| Year | current LCU | Change |
|---|---|---|
| 1973 | 83.30 million current LCU | — |
| 1974 | 104.25 million current LCU | +25.2% |
| 1975 | 134.68 million current LCU | +29.2% |
| 1976 | 173.08 million current LCU | +28.5% |
| 1977 | 245.41 million current LCU | +41.8% |
| 1978 | 303.27 million current LCU | +23.6% |
| 1979 | 345.67 million current LCU | +14.0% |
| 1980 | 483.83 million current LCU | +40.0% |
| 1981 | 613.52 million current LCU | +26.8% |
| 1982 | 751.69 million current LCU | +22.5% |
| 1983 | 893.85 million current LCU | +18.9% |
| 1984 | 1.06 billion current LCU | +18.1% |
| 1985 | 1.30 billion current LCU | +23.5% |
| 1986 | 1.97 billion current LCU | +51.2% |
| 1987 | 2.29 billion current LCU | +16.4% |
| 1988 | 2.79 billion current LCU | +21.8% |
| 1989 | 3.28 billion current LCU | +17.6% |
| 1990 | 4.05 billion current LCU | +23.5% |
| 1991 | 4.81 billion current LCU | +18.7% |
| 1992 | 5.43 billion current LCU | +12.9% |
| 1993 | 5.73 billion current LCU | +5.5% |
| 1994 | 6.25 billion current LCU | +9.1% |
| 1995 | 8.65 billion current LCU | +38.5% |
| 1996 | 9.14 billion current LCU | +5.7% |
| 1997 | 10.12 billion current LCU | +10.6% |
| 1998 | 11.23 billion current LCU | +11.0% |
| 1999 | 11.94 billion current LCU | +6.3% |
| 2000 | 13.28 billion current LCU | +11.3% |
| 2001 | 14.26 billion current LCU | +7.4% |
| 2002 | 15.37 billion current LCU | +7.8% |
| 2003 | 16.19 billion current LCU | +5.3% |
| 2004 | 17.03 billion current LCU | +5.2% |
| 2005 | 18.19 billion current LCU | +6.8% |
| 2006 | 18.54 billion current LCU | +1.9% |
| 2007 | 19.18 billion current LCU | +3.4% |
| 2008 | 20.01 billion current LCU | +4.3% |
| 2009 | 20.42 billion current LCU | +2.0% |
| 2010 | 20.63 billion current LCU | +1.1% |
| 2011 | 20.51 billion current LCU | -0.6% |
| 2012 | 18.50 billion current LCU | -9.8% |
| 2013 | 19.69 billion current LCU | +6.4% |
| 2014 | 19.83 billion current LCU | +0.7% |
| 2015 | 20.17 billion current LCU | +1.8% |
| 2016 | 20.99 billion current LCU | +4.1% |
| 2017 | 22.07 billion current LCU | +5.1% |
| 2018 | 23.23 billion current LCU | +5.3% |
| 2019 | 24.71 billion current LCU | +6.4% |
| 2020 | 24.93 billion current LCU | +0.9% |
| 2021 | 26.66 billion current LCU | +6.9% |
| 2022 | 28.98 billion current LCU | +8.7% |
| 2023 | 32.07 billion current LCU | +10.7% |
| 2024 | 35.12 billion current LCU | +9.5% |
Portugal compared with similar countries
- Portugal's 35.12 billion current LCU is above the median for high income countries, which is 35.12 billion current LCU, 1.0× the median. (49 countries reporting)
- Portugal's 35.12 billion current LCU is below the median for Europe & Central Asia, which is 64.53 billion current LCU, 54% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 198.52 million current LCU | 83.30 million current LCU | 345.67 million current LCU | 7 |
| 1980s | 1.54 billion current LCU | 483.83 million current LCU | 3.28 billion current LCU | 10 |
| 1990s | 7.74 billion current LCU | 4.05 billion current LCU | 11.94 billion current LCU | 10 |
| 2000s | 17.25 billion current LCU | 13.28 billion current LCU | 20.42 billion current LCU | 10 |
| 2010s | 21.03 billion current LCU | 18.50 billion current LCU | 24.71 billion current LCU | 10 |
| 2020s | 29.55 billion current LCU | 24.93 billion current LCU | 35.12 billion current LCU | 5 |
Countries ranked near Portugal
More public sector data for Portugal
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, 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)
- Arms imports 90.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 5.7 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -8.96 % change on previous year (2024)
Frequently asked questions
- What is social contributions in Portugal?
- Social contributions in Portugal was 35.12 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 Portugal?
- The highest recorded value was 35.12 billion current LCU in 2024.
- What is the lowest social contributions recorded in Portugal?
- The lowest recorded value was 83.30 million current LCU in 1973.
- How does Portugal rank for social contributions?
- Portugal ranks 53rd out of 112 countries with data for 2024.
- Is social contributions rising or falling in Portugal?
- Over the last ten years it is up 77.1%. The long-run trend across the full record is volatile.
- Where does this Portugal 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 — 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.