Italy vs Romania: Social contributions

Italy
278.44 billion current LCU
in 2024
Romania
206.52 billion current LCU
in 2024
Italy rank
29th
Romania rank
31st

Social contributions over time

  • Italy
  • Romania
0100.0B200.0B300.0B197219982024

How they compare

Italy currently reports 278.44 billion current LCU against 206.52 billion current LCU in Romania, a difference of 71.92 billion current LCU.

That makes Italy's figure about 1.3 times Romania's.

Across all 52 years both countries report, Italy has been ahead every year.

Globally, Italy ranks 29th and Romania ranks 31st 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.