Barbados - Social contributions

Social contributions (current LCU)

The value for Social contributions (current LCU) in Barbados was 239,182 as of 2016. As the graph below shows, over the past 13 years this indicator reached a maximum value of 118,800,000 in 2004 and a minimum value of 239,182 in 2016.

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
2003 100,408,000
2004 118,800,000
2005 1,117,238
2006 1,211,585
2007 1,022,855
2008 948,837
2009 754,591
2010 776,818
2011 508,956
2012 476,473
2013 420,526
2014 441,533
2015 552,516
2016 239,182

Social contributions (% of revenue)

Social contributions (% of revenue) in Barbados was 0.01 as of 2016. Its highest value over the past 13 years was 6.00 in 2004, while its lowest value was 0.01 in 2016.

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
2003 5.49
2004 6.00
2005 0.05
2006 0.05
2007 0.04
2008 0.04
2009 0.03
2010 0.03
2011 0.02
2012 0.02
2013 0.02
2014 0.02
2015 0.02
2016 0.01

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance