Social contributions in European Union
European Union: Social contributions was 31.4% in 2024. ▲ Rising
Social contributions in European Union, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, social contributions in European Union stood at 31.4%.
The figure is down 0.8% on the previous year and down 2.9% over ten years.
Over the whole period, social contributions in European Union peaked at 34.8% in 1993 and was at its lowest, 26.7%, in 1973.
That places European Union 3rd out of 22 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 52 years of available data.
Social contributions in European Union, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1973 | 26.7% | — |
| 1974 | 27.1% | +1.7% |
| 1975 | 28.2% | +4.0% |
| 1976 | 27.2% | -3.5% |
| 1977 | 27.9% | +2.4% |
| 1978 | 31.0% | +11.3% |
| 1979 | 32.5% | +4.8% |
| 1980 | 33.0% | +1.5% |
| 1981 | 32.2% | -2.5% |
| 1982 | 33.6% | +4.3% |
| 1983 | 31.7% | -5.7% |
| 1984 | 32.6% | +2.9% |
| 1985 | 27.8% | -14.7% |
| 1986 | 29.8% | +7.2% |
| 1987 | 28.5% | -4.4% |
| 1988 | 29.0% | +1.7% |
| 1989 | 29.9% | +3.2% |
| 1990 | 27.4% | -8.3% |
| 1991 | 30.4% | +10.8% |
| 1992 | 34.7% | +14.1% |
| 1993 | 34.8% | +0.3% |
| 1994 | 33.6% | -3.4% |
| 1995 | 33.6% | -0.0% |
| 1996 | 32.9% | -2.1% |
| 1997 | 33.3% | +1.4% |
| 1998 | 32.0% | -3.9% |
| 1999 | 33.7% | +5.2% |
| 2000 | 33.4% | -0.7% |
| 2001 | 32.0% | -4.1% |
| 2002 | 33.8% | +5.6% |
| 2003 | 33.1% | -2.3% |
| 2004 | 32.3% | -2.4% |
| 2005 | 32.4% | +0.4% |
| 2006 | 32.0% | -1.2% |
| 2007 | 31.7% | -1.1% |
| 2008 | 32.4% | +2.1% |
| 2009 | 33.7% | +4.0% |
| 2010 | 33.7% | +0.2% |
| 2011 | 33.4% | -1.0% |
| 2012 | 32.8% | -1.8% |
| 2013 | 32.3% | -1.4% |
| 2014 | 32.4% | +0.2% |
| 2015 | 32.1% | -0.8% |
| 2016 | 32.9% | +2.3% |
| 2017 | 32.3% | -1.8% |
| 2018 | 32.8% | +1.6% |
| 2019 | 32.4% | -1.4% |
| 2020 | 33.1% | +2.2% |
| 2021 | 32.5% | -1.9% |
| 2022 | 32.0% | -1.4% |
| 2023 | 31.7% | -1.0% |
| 2024 | 31.4% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.7% | 26.7% | 32.5% | 7 |
| 1980s | 30.8% | 27.8% | 33.6% | 10 |
| 1990s | 32.6% | 27.4% | 34.8% | 10 |
| 2000s | 32.7% | 31.7% | 33.8% | 10 |
| 2010s | 32.7% | 32.1% | 33.7% | 10 |
| 2020s | 32.1% | 31.4% | 33.1% | 5 |
Countries ranked near European Union
More public sector data for European Union
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- Arms imports (SIPRI trend indicator values), per capita 13.69 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 29.33 % change on previous year (2024)
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- Military expenditure (current USD), per capita 818.48 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0189 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 20.53 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 368.50 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,195 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is social contributions in European Union?
- Social contributions in European Union was 31.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in European Union?
- The highest recorded value was 34.8% in 1993.
- What is the lowest social contributions recorded in European Union?
- The lowest recorded value was 26.7% in 1973.
- How does European Union rank for social contributions?
- European Union ranks 3rd out of 22 groups with data for 2024.
- Is social contributions rising or falling in European Union?
- Over the last ten years it is down 2.9%. The long-run trend across the full record is rising.
- Where does this European Union 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.