Italy vs Sweden: Social contributions

Italy
278.44 billion current LCU
in 2024
Sweden
194.22 billion current LCU
in 2024
Italy rank
29th
Sweden rank
32nd

Social contributions over time

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

How they compare

Italy currently reports 278.44 billion current LCU against 194.22 billion current LCU in Sweden, a difference of 84.22 billion current LCU.

That makes Italy's figure about 1.4 times Sweden's.

The two have swapped places 1 time across 52 shared years of data; in 1973 it was Sweden ahead.

Globally, Italy ranks 29th and Sweden ranks 32nd 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.