Armenia vs Luxembourg: Social contributions
Armenia
8.70 billion current LCU
in 2015
Luxembourg
10.42 billion current LCU
in 2024
Armenia rank
70th
Luxembourg rank
68th
Social contributions over time
- Armenia
- Luxembourg
How they compare
Luxembourg currently reports 10.42 billion current LCU against 8.70 billion current LCU in Armenia, a difference of 1.72 billion current LCU.
That makes Luxembourg's figure about 1.2 times Armenia's.
Across all 12 years both countries report, Armenia has been ahead every year.
Globally, Armenia ranks 70th and Luxembourg ranks 68th of 112 countries.
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About this data
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.