Albania vs Iceland: Social contributions

Albania
158.91 billion current LCU
in 2024
Iceland
131.61 billion current LCU
in 2023
Albania rank
37th
Iceland rank
40th

Social contributions over time

  • Albania
  • Iceland
050.0B100.0B150.0B197219982024

How they compare

Albania currently reports 158.91 billion current LCU against 131.61 billion current LCU in Iceland, a difference of 27.30 billion current LCU.

That makes Albania's figure about 1.2 times Iceland's.

The two have swapped places 3 times across 20 shared years of data; in 1995 it was Iceland ahead.

Globally, Albania ranks 37th and Iceland ranks 40th of 112 countries.

Individual pages

About this data

Indicator
Social contributions (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
112 places, 3,266 data points, 1972–2024
Last refreshed

Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.