Portugal - Social contributions (% of revenue)

Social contributions (% of revenue) in Portugal was 30.43 as of 2019. Its highest value over the past 44 years was 32.79 in 2009, while its lowest value was 22.31 in 1983.

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
1975 28.21
1976 27.24
1977 27.61
1978 27.97
1979 25.15
1980 25.76
1981 26.01
1982 25.53
1983 22.31
1984 22.32
1985 22.63
1986 24.69
1987 26.31
1988 25.95
1989 23.07
1990 24.17
1995 29.40
1996 28.39
1997 28.56
1998 29.38
1999 28.19
2000 29.28
2001 30.02
2002 29.82
2003 31.17
2004 31.24
2005 31.60
2006 30.53
2007 29.71
2008 30.47
2009 32.79
2010 32.47
2011 31.39
2012 29.41
2013 29.27
2014 29.28
2015 29.12
2016 29.69
2017 29.96
2018 29.79
2019 30.43

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