Social contributions in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Social contributions was 22.3% in 2024. ▼ Falling
Social contributions in Europe & Central Asia (IDA & IBRD countries), 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, social contributions in Europe & Central Asia (IDA & IBRD countries) stood at 22.3%. That is the lowest value across all 24 years on record.
The figure is down 4.4% on the previous year and down 15.7% over ten years.
Over the whole period, social contributions in Europe & Central Asia (IDA & IBRD countries) peaked at 33.0% in 2009 and was at its lowest, 22.3%, in 2024.
That places Europe & Central Asia (IDA & IBRD countries) 10th out of 22 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Social contributions in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of revenue | Change |
|---|---|---|
| 1998 | 26.9% | — |
| 1999 | 29.7% | +10.2% |
| 2003 | 30.2% | +1.7% |
| 2004 | 27.0% | -10.6% |
| 2005 | 30.5% | +12.9% |
| 2006 | 31.2% | +2.5% |
| 2007 | 30.3% | -3.1% |
| 2008 | 28.9% | -4.6% |
| 2009 | 33.0% | +14.2% |
| 2010 | 30.3% | -8.2% |
| 2011 | 29.0% | -4.3% |
| 2012 | 28.0% | -3.4% |
| 2013 | 28.3% | +0.9% |
| 2014 | 26.5% | -6.3% |
| 2015 | 24.7% | -6.8% |
| 2016 | 26.5% | +7.3% |
| 2017 | 25.0% | -5.7% |
| 2018 | 24.9% | -0.3% |
| 2019 | 26.9% | +8.1% |
| 2020 | 28.4% | +5.6% |
| 2021 | 26.0% | -8.3% |
| 2022 | 22.6% | -13.4% |
| 2023 | 23.3% | +3.4% |
| 2024 | 22.3% | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.3% | 26.9% | 29.7% | 2 |
| 2000s | 30.2% | 27.0% | 33.0% | 7 |
| 2010s | 27.0% | 24.7% | 30.3% | 10 |
| 2020s | 24.5% | 22.3% | 28.4% | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
More public sector data for Europe & Central Asia (IDA & IBRD countries)
- Arms imports 8.83 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.2 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0014 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.61 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.83 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 657.44 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0492 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 25.48 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 302.41 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is social contributions in Europe & Central Asia (IDA & IBRD countries)?
- Social contributions in Europe & Central Asia (IDA & IBRD countries) was 22.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 33.0% in 2009.
- What is the lowest social contributions recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 22.3% in 2024.
- How does Europe & Central Asia (IDA & IBRD countries) rank for social contributions?
- Europe & Central Asia (IDA & IBRD countries) ranks 10th out of 22 groups with data for 2024.
- Is social contributions rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is falling.
- Where does this Europe & Central Asia (IDA & IBRD countries) data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.