Social contributions in Brazil

Brazil: Social contributions was 698.49 billion current LCU in 2024. ▲ Rising

Latest (2024)
698.49 billion current LCU
Change on year
up 8.4%
World rank
20th
of 112 countries
All-time high
698.49 billion current LCU
in 2024
All-time low
240.73 billion current LCU
in 2010
Years of data
15
2010–2024

Social contributions in Brazil, 2010–2024

200.0B300.0B400.0B500.0B600.0B700.0B2010201720242010: 240.7B current LCU2011: 276.6B current LCU2012: 305.9B current LCU2013: 332.3B current LCU2014: 356.0B current LCU2015: 362.4B current LCU2016: 379.5B current LCU2017: 403.0B current LCU2018: 424.3B current LCU2019: 446.8B current LCU2020: 450.1B current LCU2021: 518.9B current LCU2022: 589.4B current LCU2023: 644.3B current LCU2024: 698.5B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for social contributions in Brazil is 698.49 billion current LCU, measured in 2024. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 8.4% on the previous year and up 96.2% over ten years.

Over the whole period, social contributions in Brazil peaked at 698.49 billion current LCU in 2024 and was at its lowest, 240.73 billion current LCU, in 2010.

Brazil ranks 20th of 112 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 352.74 billion current LCU 240.73 billion current LCU 446.79 billion current LCU 10
2020s 580.23 billion current LCU 450.08 billion current LCU 698.49 billion current LCU 5

Countries ranked near Brazil

  1. 17 Serbia 862.75 billion current LCU compare
  2. 18 Mexico 852.36 billion current LCU compare
  3. 19 Germany 719.67 billion current LCU compare
  4. 21 Madagascar 562.95 billion current LCU compare
  5. 22 Ukraine 555.24 billion current LCU compare
  6. 23 Norway 492.35 billion current LCU compare

See the full ranking of 112 places →

More public sector data for Brazil

All data for Brazil →

Frequently asked questions

What is social contributions in Brazil?
Social contributions in Brazil was 698.49 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest social contributions recorded in Brazil?
The highest recorded value was 698.49 billion current LCU in 2024.
What is the lowest social contributions recorded in Brazil?
The lowest recorded value was 240.73 billion current LCU in 2010.
How does Brazil rank for social contributions?
Brazil ranks 20th out of 112 countries with data for 2024.
Is social contributions rising or falling in Brazil?
Over the last ten years it is up 96.2%. The long-run trend across the full record is rising.
Where does this Brazil data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.