Social contributions in Slovakia
Slovakia: Social contributions was 20.88 billion current LCU in 2024. ◆ Volatile
Social contributions in Slovakia, 1995–2024
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 Slovakia is 20.88 billion current LCU, measured in 2024. That is the highest value across all 30 years on record.
The figure is up 10.7% on the previous year and up 99.6% over ten years.
Over the whole period, social contributions in Slovakia peaked at 20.88 billion current LCU in 2024 and was at its lowest, 2.94 billion current LCU, in 1995.
That places Slovakia 63rd 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.59 billion current LCU | 2.94 billion current LCU | 3.98 billion current LCU | 5 |
| 2000s | 6.33 billion current LCU | 4.46 billion current LCU | 8.12 billion current LCU | 10 |
| 2010s | 11.00 billion current LCU | 8.38 billion current LCU | 14.34 billion current LCU | 10 |
| 2020s | 17.28 billion current LCU | 14.49 billion current LCU | 20.88 billion current LCU | 5 |
Countries ranked near Slovakia
More public sector data for Slovakia
- Arms imports 298.00 million SIPRI trend indicator values (2024)
- Tax revenue 19.1% (2024)
- Taxes on income, profits and capital gains 20.4% (2024)
- Taxes on goods and services 28.3% (2024)
- Net investment in nonfinancial assets 2.5% (2024)
- Net lending (+) / net borrowing (-) -5.4% (2024)
- Interest payments 3.5% (2024)
- Interest payments 2.7% (2022)
- Other taxes 0.0% (2024)
- Compensation of employees 16.4% (2022)
Frequently asked questions
- What is social contributions in Slovakia?
- Social contributions in Slovakia was 20.88 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 Slovakia?
- The highest recorded value was 20.88 billion current LCU in 2024.
- What is the lowest social contributions recorded in Slovakia?
- The lowest recorded value was 2.94 billion current LCU in 1995.
- How does Slovakia rank for social contributions?
- Slovakia ranks 63rd out of 112 countries with data for 2024.
- Is social contributions rising or falling in Slovakia?
- Over the last ten years it is up 99.6%. The long-run trend across the full record is volatile.
- Where does this Slovakia 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 — 30 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.