Latvia - Social contributions
Social contributions (current LCU)
The value for Social contributions (current LCU) in Latvia was 4,313,535,000 as of 2019. As the graph below shows, over the past 25 years this indicator reached a maximum value of 4,313,535,000 in 2019 and a minimum value of 256,984,900 in 1994.
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 |
|---|---|
| 1994 | 256,984,900 |
| 1995 | 636,207,200 |
| 1996 | 688,580,300 |
| 1997 | 785,606,000 |
| 1998 | 869,118,500 |
| 1999 | 942,010,900 |
| 2000 | 970,007,300 |
| 2001 | 984,402,500 |
| 2002 | 1,099,896,000 |
| 2003 | 1,171,607,000 |
| 2004 | 1,331,543,000 |
| 2005 | 1,573,564,000 |
| 2006 | 2,015,229,000 |
| 2007 | 2,596,742,000 |
| 2008 | 2,879,756,000 |
| 2009 | 2,555,207,000 |
| 2010 | 2,255,969,000 |
| 2011 | 2,546,989,000 |
| 2012 | 2,761,255,000 |
| 2013 | 2,818,193,000 |
| 2014 | 2,903,223,000 |
| 2015 | 2,979,848,000 |
| 2016 | 3,037,951,000 |
| 2017 | 3,321,932,000 |
| 2018 | 3,899,705,000 |
| 2019 | 4,313,535,000 |
Social contributions (% of revenue)
Social contributions (% of revenue) in Latvia was 32.86 as of 2019. Its highest value over the past 25 years was 39.02 in 1996, while its lowest value was 28.18 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 |
|---|---|
| 1994 | 34.44 |
| 1995 | 38.90 |
| 1996 | 39.02 |
| 1997 | 33.78 |
| 1998 | 33.04 |
| 1999 | 35.35 |
| 2000 | 36.18 |
| 2001 | 35.35 |
| 2002 | 35.16 |
| 2003 | 33.46 |
| 2004 | 31.56 |
| 2005 | 29.78 |
| 2006 | 28.90 |
| 2007 | 29.90 |
| 2008 | 30.95 |
| 2009 | 33.33 |
| 2010 | 29.59 |
| 2011 | 29.66 |
| 2012 | 29.39 |
| 2013 | 29.11 |
| 2014 | 28.84 |
| 2015 | 28.59 |
| 2016 | 28.18 |
| 2017 | 28.87 |
| 2018 | 30.25 |
| 2019 | 32.86 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
