OECD members - Social contributions (% of revenue)

Social contributions (% of revenue) in OECD members was 31.08 as of 2019. Its highest value over the past 47 years was 32.59 in 2009, while its lowest value was 18.95 in 1974.

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 18.97
1973 19.12
1974 18.95
1975 22.36
1976 22.83
1977 21.95
1978 24.52
1979 25.33
1980 23.83
1981 21.61
1982 22.65
1983 21.01
1984 22.12
1985 22.63
1986 24.47
1987 23.85
1988 23.95
1989 25.19
1990 23.50
1991 23.83
1992 25.75
1993 27.49
1994 31.42
1995 30.40
1996 29.49
1997 30.22
1998 29.56
1999 30.74
2000 29.28
2001 31.05
2002 32.30
2003 31.75
2004 31.56
2005 31.60
2006 30.53
2007 29.98
2008 30.68
2009 32.59
2010 32.45
2011 31.85
2012 31.11
2013 30.16
2014 30.45
2015 30.24
2016 30.41
2017 31.39
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