Social contributions in Ecuador
Ecuador: Social contributions was 5.77 billion current LCU in 2022. ▲ Rising
Social contributions in Ecuador, 2013–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Ecuador recorded 5.77 billion current LCU for social contributions in 2022.
That represents a change of up 8.8% on the previous year and up 41.7% over ten years.
Over the whole period, social contributions in Ecuador peaked at 5.91 billion current LCU in 2018 and was at its lowest, 4.07 billion current LCU, in 2013.
Ecuador ranks 79th of 112 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.13 billion current LCU | 4.07 billion current LCU | 5.91 billion current LCU | 7 |
| 2020s | 5.39 billion current LCU | 5.08 billion current LCU | 5.77 billion current LCU | 3 |
Countries ranked near Ecuador
- 76 United Arab Emirates 6.87 billion current LCU compare
- 77 Guatemala 6.63 billion current LCU compare
- 78 Tunisia 5.78 billion current LCU compare
- 80 Estonia 5.00 billion current LCU compare
- 81 Tajikistan 4.92 billion current LCU compare
- 82 Trinidad and Tobago 4.70 billion current LCU compare
More public sector data for Ecuador
- Arms imports 25.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.1% (2022)
- Taxes on income, profits and capital gains 12.3% (2022)
- Taxes on goods and services 21.1% (2022)
- Net investment in nonfinancial assets 0.5% (2022)
- Net lending (+) / net borrowing (-) -0.0% (2022)
- Interest payments 4.7% (2022)
- Grants and other revenue 41.7% (2022)
- Interest payments 4.7% (2022)
- Other taxes 2.5% (2022)
Frequently asked questions
- What is social contributions in Ecuador?
- Social contributions in Ecuador was 5.77 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Ecuador?
- The highest recorded value was 5.91 billion current LCU in 2018.
- What is the lowest social contributions recorded in Ecuador?
- The lowest recorded value was 4.07 billion current LCU in 2013.
- How does Ecuador rank for social contributions?
- Ecuador ranks 79th out of 112 countries with data for 2022.
- Is social contributions rising or falling in Ecuador?
- Over the last ten years it is up 41.7%. The long-run trend across the full record is rising.
- Where does this Ecuador 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.
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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.