Social contributions in Upper middle income
Upper middle income: Social contributions was 16.9% in 2023. ▲ Rising
Social contributions in Upper middle income, 2008–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Upper middle income recorded 16.9% for social contributions in 2023.
Compared with earlier readings it is down 11.1% on the previous year and up 38.3% over ten years.
Over the whole period, social contributions in Upper middle income peaked at 19.0% in 2022 and was at its lowest, 11.8%, in 2017.
Upper middle income ranks 18th of 22 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Social contributions in Upper middle income, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2008 | 13.2% | — |
| 2009 | 13.9% | +5.7% |
| 2010 | 12.5% | -10.4% |
| 2011 | 13.8% | +10.8% |
| 2012 | 13.1% | -5.2% |
| 2013 | 12.2% | -6.4% |
| 2014 | 13.7% | +12.1% |
| 2015 | 14.0% | +1.8% |
| 2016 | 16.4% | +17.0% |
| 2017 | 11.8% | -28.1% |
| 2018 | 16.5% | +40.4% |
| 2019 | 16.4% | -0.9% |
| 2020 | 16.6% | +1.4% |
| 2021 | 19.0% | +14.2% |
| 2022 | 19.0% | +0.4% |
| 2023 | 16.9% | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.5% | 13.2% | 13.9% | 2 |
| 2010s | 14.0% | 11.8% | 16.5% | 10 |
| 2020s | 17.9% | 16.6% | 19.0% | 4 |
Countries ranked near Upper middle income
More public sector data for Upper middle income
- Arms imports 8.06 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.63 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 2.75 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.06 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 179.69 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0172 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 551.35 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 176.55 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is social contributions in Upper middle income?
- Social contributions in Upper middle income was 16.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Upper middle income?
- The highest recorded value was 19.0% in 2022.
- What is the lowest social contributions recorded in Upper middle income?
- The lowest recorded value was 11.8% in 2017.
- How does Upper middle income rank for social contributions?
- Upper middle income ranks 18th out of 22 groups with data for 2023.
- Is social contributions rising or falling in Upper middle income?
- Over the last ten years it is up 38.3%. The long-run trend across the full record is rising.
- Where does this Upper middle 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.
Download this data
CSV · JSON — 16 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.