Social contributions in Samoa
Samoa: Social contributions was 13.61 million current LCU in 2023. ▲ Rising
Social contributions in Samoa, 2012–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Samoa recorded 13.61 million current LCU for social contributions in 2023. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 39.1% over ten years.
Over the whole period, social contributions in Samoa peaked at 13.61 million current LCU in 2023 and was at its lowest, 9.26 million current LCU, in 2012.
That places Samoa 103rd out of 112 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.81 million current LCU | 9.26 million current LCU | 12.44 million current LCU | 8 |
| 2020s | 13.24 million current LCU | 12.98 million current LCU | 13.61 million current LCU | 4 |
Countries ranked near Samoa
- 100 Cape Verde 78.06 million current LCU compare
- 101 Saint Vincent and the Grenadines 16.10 million current LCU compare
- 102 Seychelles 15.00 million current LCU compare
- 104 Jordan 5.30 million current LCU compare
- 105 Papua New Guinea 4.45 million current LCU compare
- 106 Panama 1.83 million current LCU compare
More public sector data for Samoa
- Tax revenue 24.0% (2023)
- Taxes on income, profits and capital gains 13.8% (2023)
- Taxes on goods and services 45.1% (2023)
- Net investment in nonfinancial assets 4.6% (2023)
- Net lending (+) / net borrowing (-) 4.4% (2023)
- Interest payments 1.2% (2023)
- Grants and other revenue 31.5% (2023)
- Interest payments 1.7% (2023)
- Other taxes 0.0% (2023)
- Compensation of employees 46.1% (2023)
Frequently asked questions
- What is social contributions in Samoa?
- Social contributions in Samoa was 13.61 million 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 Samoa?
- The highest recorded value was 13.61 million current LCU in 2023.
- What is the lowest social contributions recorded in Samoa?
- The lowest recorded value was 9.26 million current LCU in 2012.
- How does Samoa rank for social contributions?
- Samoa ranks 103rd out of 112 countries with data for 2023.
- Is social contributions rising or falling in Samoa?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is rising.
- Where does this Samoa 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 — 12 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.