Social contributions in High income
High income: Social contributions was 30.5% in 2024. ▲ Rising
Social contributions in High income, 1976–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, social contributions in High income stood at 30.5%.
That represents a change of up 0.6% on the previous year and down 0.0% over ten years.
Over the whole period, social contributions in High income peaked at 33.1% in 2009 and was at its lowest, 23.8%, in 1990.
High income ranks 7th of 22 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Social contributions in High income, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1976 | 25.5% | — |
| 1977 | 25.7% | +0.7% |
| 1978 | 25.7% | +0.2% |
| 1979 | 26.8% | +4.2% |
| 1981 | 24.9% | -7.1% |
| 1984 | 24.2% | -2.9% |
| 1990 | 23.8% | -1.5% |
| 1991 | 27.3% | +14.6% |
| 1992 | 29.6% | +8.5% |
| 1993 | 29.8% | +0.4% |
| 1994 | 31.3% | +5.2% |
| 1995 | 30.5% | -2.8% |
| 1996 | 30.1% | -1.2% |
| 1997 | 30.2% | +0.4% |
| 1998 | 29.7% | -1.6% |
| 1999 | 31.3% | +5.4% |
| 2000 | 31.3% | -0.1% |
| 2001 | 31.1% | -0.9% |
| 2002 | 32.3% | +4.0% |
| 2003 | 31.3% | -3.2% |
| 2004 | 31.3% | -0.0% |
| 2005 | 31.1% | -0.4% |
| 2006 | 30.6% | -1.8% |
| 2007 | 30.0% | -2.0% |
| 2008 | 31.0% | +3.6% |
| 2009 | 33.1% | +6.7% |
| 2010 | 32.3% | -2.4% |
| 2011 | 31.5% | -2.5% |
| 2012 | 30.9% | -1.9% |
| 2013 | 31.1% | +0.7% |
| 2014 | 30.5% | -2.2% |
| 2015 | 30.2% | -1.0% |
| 2016 | 29.6% | -1.8% |
| 2017 | 31.1% | +5.1% |
| 2018 | 30.8% | -1.2% |
| 2019 | 31.1% | +0.9% |
| 2020 | 32.1% | +3.3% |
| 2021 | 31.4% | -2.1% |
| 2022 | 30.5% | -3.1% |
| 2023 | 30.3% | -0.7% |
| 2024 | 30.5% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.9% | 25.5% | 26.8% | 4 |
| 1980s | 24.6% | 24.2% | 24.9% | 2 |
| 1990s | 29.4% | 23.8% | 31.3% | 10 |
| 2000s | 31.3% | 30.0% | 33.1% | 10 |
| 2010s | 30.9% | 29.6% | 32.3% | 10 |
| 2020s | 30.9% | 30.3% | 32.1% | 5 |
Countries ranked near High income
More public sector data for High income
- Arms imports 17.59 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 12.4 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 16.09 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 17.59 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,385 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0272 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.96 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 292.64 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is social contributions in High income?
- Social contributions in High income was 30.5% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in High income?
- The highest recorded value was 33.1% in 2009.
- What is the lowest social contributions recorded in High income?
- The lowest recorded value was 23.8% in 1990.
- How does High income rank for social contributions?
- High income ranks 7th out of 22 groups with data for 2024.
- Is social contributions rising or falling in High income?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is rising.
- Where does this High income 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.