Social contributions in Late-demographic dividend
Late-demographic dividend: Social contributions was 20.8% in 2024. ▲ Rising
Social contributions in Late-demographic dividend, 1997–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for social contributions in Late-demographic dividend is 20.8%, measured in 2024.
Compared with earlier readings it is down 8.5% on the previous year and up 5.1% over ten years.
Over the whole period, social contributions in Late-demographic dividend peaked at 25.2% in 2020 and was at its lowest, 16.9%, in 2001.
Late-demographic dividend ranks 14th of 22 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Social contributions in Late-demographic dividend, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1997 | 18.3% | — |
| 1998 | 19.2% | +4.6% |
| 1999 | 17.9% | -6.7% |
| 2000 | 17.8% | -0.4% |
| 2001 | 16.9% | -4.9% |
| 2002 | 17.2% | +1.7% |
| 2003 | 17.6% | +2.2% |
| 2004 | 17.9% | +2.0% |
| 2005 | 17.7% | -1.3% |
| 2006 | 18.7% | +5.3% |
| 2007 | 19.2% | +3.1% |
| 2008 | 17.5% | -9.3% |
| 2009 | 21.7% | +24.1% |
| 2010 | 20.7% | -4.4% |
| 2011 | 19.5% | -5.8% |
| 2012 | 20.5% | +5.3% |
| 2013 | 18.8% | -8.3% |
| 2014 | 19.8% | +5.0% |
| 2015 | 21.4% | +8.3% |
| 2016 | 23.7% | +10.8% |
| 2017 | 22.2% | -6.6% |
| 2018 | 21.7% | -2.3% |
| 2019 | 22.4% | +3.3% |
| 2020 | 25.2% | +12.8% |
| 2021 | 21.7% | -14.1% |
| 2022 | 22.3% | +2.7% |
| 2023 | 22.7% | +1.9% |
| 2024 | 20.8% | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.4% | 17.9% | 19.2% | 3 |
| 2000s | 18.2% | 16.9% | 21.7% | 10 |
| 2010s | 21.1% | 18.8% | 23.7% | 10 |
| 2020s | 22.5% | 20.8% | 25.2% | 5 |
Countries ranked near Late-demographic dividend
More public sector data for Late-demographic dividend
- Arms imports 6.92 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.97 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 -9.75 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.92 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 259.7 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0202 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.9 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 604.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 172.06 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is social contributions in Late-demographic dividend?
- Social contributions in Late-demographic dividend was 20.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Late-demographic dividend?
- The highest recorded value was 25.2% in 2020.
- What is the lowest social contributions recorded in Late-demographic dividend?
- The lowest recorded value was 16.9% in 2001.
- How does Late-demographic dividend rank for social contributions?
- Late-demographic dividend ranks 14th out of 22 groups with data for 2024.
- Is social contributions rising or falling in Late-demographic dividend?
- Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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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CSV · JSON — 28 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.