United States - Social contributions

Social contributions (current LCU)

The value for Social contributions (current LCU) in United States was 1,420,780,000,000 as of 2020. As the graph below shows, over the past 48 years this indicator reached a maximum value of 1,420,780,000,000 in 2020 and a minimum value of 50,480,000,000 in 1972.

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
1972 50,480,000,000
1973 60,930,000,000
1974 72,730,000,000
1975 81,970,000,000
1976 87,950,000,000
1977 103,510,000,000
1978 117,730,000,000
1979 135,440,000,000
1980 154,070,000,000
1981 179,110,000,000
1982 196,910,000,000
1983 204,570,000,000
1984 234,790,000,000
1985 260,420,000,000
1986 279,150,000,000
1987 298,590,000,000
1988 329,520,000,000
1989 354,860,000,000
1990 383,590,000,000
1991 400,460,000,000
1992 418,450,000,000
1993 433,080,000,000
1994 466,580,000,000
1995 489,910,000,000
1996 515,120,000,000
1997 545,290,000,000
1998 577,940,000,000
1999 617,820,000,000
2000 659,300,000,000
2001 723,262,000,000
2002 739,425,000,000
2003 763,276,000,000
2004 808,979,000,000
2005 853,397,000,000
2006 905,682,000,000
2007 947,297,000,000
2008 974,497,000,000
2009 950,663,000,000
2010 970,903,000,000
2011 903,206,000,000
2012 937,959,000,000
2013 1,091,780,000,000
2014 1,140,060,000,000
2015 1,190,780,000,000
2016 1,224,600,000,000
2017 1,283,670,000,000
2018 1,344,610,000,000
2019 1,402,230,000,000
2020 1,420,780,000,000

Social contributions (% of revenue)

Social contributions (% of revenue) in United States was 38.46 as of 2020. Its highest value over the past 48 years was 41.88 in 2009, while its lowest value was 23.60 in 1972.

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 23.60
1973 24.98
1974 26.20
1975 28.11
1976 28.27
1977 27.88
1978 28.26
1979 27.72
1980 28.22
1981 28.00
1982 29.85
1983 31.31
1984 32.69
1985 32.90
1986 33.92
1987 32.82
1988 34.23
1989 33.91
1990 35.33
1991 34.53
1992 36.21
1993 34.99
1994 35.07
1995 34.15
1996 33.67
1997 32.74
1998 32.16
1999 32.43
2000 31.26
2001 35.01
2002 38.88
2003 39.68
2004 39.29
2005 36.49
2006 35.17
2007 35.06
2008 37.22
2009 41.88
2010 39.30
2011 34.80
2012 34.44
2013 34.46
2014 34.33
2015 34.23
2016 35.02
2017 33.69
2018 37.30
2019 37.47
2020 38.46

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance