Social contributions in Rwanda
Rwanda: Social contributions was 347.60 billion current LCU in 2023. ◆ Volatile
Social contributions in Rwanda, 1973–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Rwanda recorded 347.60 billion current LCU for social contributions in 2023. That is the highest value across all 22 years on record.
That represents a change of up 22.2% on the previous year and up 279.3% over ten years.
Over the whole period, social contributions in Rwanda peaked at 347.60 billion current LCU in 2023 and was at its lowest, 105.00 million current LCU, in 1973.
Rwanda ranks 27th 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 | 282.57 million current LCU | 105.00 million current LCU | 456.00 million current LCU | 7 |
| 1980s | 1.06 billion current LCU | 570.00 million current LCU | 1.55 billion current LCU | 2 |
| 1990s | 1.15 billion current LCU | 684.00 million current LCU | 1.56 billion current LCU | 3 |
| 2010s | 138.88 billion current LCU | 91.65 billion current LCU | 180.94 billion current LCU | 6 |
| 2020s | 273.11 billion current LCU | 212.96 billion current LCU | 347.60 billion current LCU | 4 |
Countries ranked near Rwanda
More public sector data for Rwanda
- Arms imports 37.00 million SIPRI trend indicator values (2023)
- Tax revenue 13.1% (2023)
- Taxes on income, profits and capital gains 25.5% (2023)
- Taxes on goods and services 25.9% (2023)
- Net investment in nonfinancial assets 9.0% (2023)
- Net lending (+) / net borrowing (-) -4.0% (2023)
- Interest payments 7.7% (2023)
- Grants and other revenue 34.4% (2023)
- Interest payments 9.8% (2023)
- Other taxes 0.0% (2023)
Frequently asked questions
- What is social contributions in Rwanda?
- Social contributions in Rwanda was 347.60 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Rwanda?
- The highest recorded value was 347.60 billion current LCU in 2023.
- What is the lowest social contributions recorded in Rwanda?
- The lowest recorded value was 105.00 million current LCU in 1973.
- How does Rwanda rank for social contributions?
- Rwanda ranks 27th out of 112 countries with data for 2023.
- Is social contributions rising or falling in Rwanda?
- Over the last ten years it is up 279.3%. The long-run trend across the full record is volatile.
- Where does this Rwanda 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 — 22 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.