Greece - Social contributions (% of revenue)

Social contributions (% of revenue) in Greece was 31.08 as of 2019. Its highest value over the past 47 years was 33.99 in 1985, while its lowest value was 23.10 in 1973.

Definition: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 24.45
1973 23.10
1974 23.41
1975 23.59
1976 23.74
1977 25.69
1978 25.75
1979 26.82
1980 25.82
1981 29.85
1982 33.16
1983 30.92
1984 32.99
1985 33.99
1986 30.72
1987 28.79
1988 29.00
1989 30.63
1990 27.44
1995 30.50
1996 29.56
1997 28.13
1998 27.92
1999 28.33
2000 28.23
2001 29.74
2002 32.65
2003 33.30
2004 32.29
2005 32.41
2006 31.42
2007 31.88
2008 32.37
2009 33.04
2010 33.12
2011 31.16
2012 30.96
2013 28.76
2014 30.13
2015 30.05
2016 29.70
2017 31.22
2018 30.99
2019 31.08

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance