Cyprus - Social contributions

Social contributions (current LCU)

The value for Social contributions (current LCU) in Cyprus was 2,391,200,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 2,391,200,000 in 2019 and a minimum value of 6,321,826 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 6,321,826
1973 7,876,653
1974 7,261,556
1975 7,346,986
1976 8,953,072
1977 11,328,030
1978 16,539,260
1979 19,871,030
1980 28,875,360
1981 65,456,520
1982 73,504,030
1983 82,610,880
1984 100,363,200
1985 113,229,000
1986 122,848,400
1987 133,817,700
1988 150,049,400
1989 164,435,800
1990 321,183,500
1991 344,450,400
1992 393,349,000
1993 454,246,000
1994 500,137,700
1995 793,987,100
1996 844,561,700
1997 901,799,900
1998 992,355,700
1999 1,026,357,000
2000 1,104,782,000
2001 1,230,535,000
2002 1,257,360,000
2003 1,402,933,000
2004 1,661,444,000
2005 1,897,744,000
2006 1,927,986,000
2007 2,041,266,000
2008 2,276,711,000
2009 1,464,200,000
2010 1,552,300,000
2011 1,566,000,000
2012 1,510,400,000
2013 1,362,300,000
2014 1,444,600,000
2015 1,482,900,000
2016 1,542,900,000
2017 1,710,100,000
2018 1,846,900,000
2019 2,391,200,000

Social contributions (% of revenue)

Social contributions (% of revenue) in Cyprus was 26.66 as of 2019. Its highest value over the past 47 years was 26.66 in 2019, while its lowest value was 6.21 in 1977.

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 7.07
1973 7.64
1974 6.95
1975 6.44
1976 6.66
1977 6.21
1978 8.54
1979 8.52
1980 9.73
1981 18.85
1982 17.06
1983 16.75
1984 17.07
1985 17.00
1986 16.86
1987 17.00
1988 16.39
1989 15.22
1990 15.49
1991 16.29
1992 15.41
1993 15.69
1994 14.97
1995 20.52
1996 21.20
1997 22.04
1998 21.70
1999 21.17
2000 19.47
2001 19.50
2002 19.34
2003 18.96
2004 20.63
2005 20.65
2006 19.18
2007 17.11
2008 18.27
2009 21.91
2010 22.07
2011 22.16
2012 21.80
2013 20.84
2014 20.93
2015 21.65
2016 22.24
2017 22.67
2018 22.53
2019 26.66

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance