Uruguay - Social contributions (% of revenue)

Social contributions (% of revenue) in Uruguay was 32.39 as of 2019. Its highest value over the past 47 years was 34.02 in 2015, while its lowest value was 18.74 in 2004.

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 29.96
1973 24.91
1974 31.35
1975 31.53
1976 29.94
1977 29.05
1978 26.48
1979 27.85
1980 23.36
1981 24.60
1982 26.19
1983 23.96
1984 24.95
1985 25.61
1986 27.32
1987 26.27
1988 26.75
1989 28.73
1990 26.96
1991 29.80
1992 30.20
1993 29.57
1994 29.51
1995 31.28
1996 30.69
1997 29.02
1998 28.71
1999 26.65
2000 28.92
2001 25.80
2002 22.55
2003 19.35
2004 18.74
2005 20.47
2006 20.58
2007 20.79
2008 22.00
2009 29.68
2010 29.69
2011 30.37
2012 32.23
2013 32.39
2014 33.96
2015 34.02
2016 29.12
2017 33.17
2018 31.46
2019 32.39

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