Ukraine - Social contributions (current LCU)

The value for Social contributions (current LCU) in Ukraine was 278,952,000,000 as of 2019. As the graph below shows, over the past 20 years this indicator reached a maximum value of 278,952,000,000 in 2019 and a minimum value of 11,765,300,000 in 1999.

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
1999 11,765,300,000
2000 14,300,800,000
2001 19,637,700,000
2002 25,073,030,000
2003 29,905,220,000
2004 40,912,200,000
2005 55,460,100,000
2006 70,412,500,000
2007 93,467,200,000
2008 117,579,000,000
2009 115,334,000,000
2010 136,542,000,000
2011 159,453,000,000
2012 181,728,000,000
2013 191,822,000,000
2014 185,420,000,000
2015 190,081,000,000
2016 136,365,000,000
2017 185,338,000,000
2018 233,241,000,000
2019 278,952,000,000

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