Seychelles - Social contributions (current LCU)

The value for Social contributions (current LCU) in Seychelles was 0.00 as of 2018. As the graph below shows, over the past 33 years this indicator reached a maximum value of 215,200,000.00 in 1994 and a minimum value of 0.00 in 2011.

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.

Year Value
1985 63,100,000.00
1986 60,000,000.00
1987 67,400,000.00
1988 63,400,000.00
1989 137,700,000.00
1993 180,000,000.00
1994 215,200,000.00
1995 175,900,000.00
1996 165,700,000.00
1997 191,000,000.00
1998 119,900,000.00
1999 208,400,000.00
2000 194,100,000.00
2005 22,500,000.00
2006 25,710,000.00
2007 26,775,870.00
2008 14,997,820.00
2009 15,316,360.00
2010 8,167,322.00
2011 0.00
2012 0.00
2013 0.00
2014 0.00
2015 0.00
2016 0.00
2017 0.00
2018 0.00

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance