Social contributions in Georgia
Georgia: Social contributions was 722.10 million current LCU in 2007. ◆ Volatile
Social contributions in Georgia, 1995–2007
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Georgia recorded 722.10 million current LCU for social contributions in 2007. That is the highest value across all 13 years on record.
The figure is up 43.6% on the previous year and up 907.1% over ten years.
Over the whole period, social contributions in Georgia peaked at 722.10 million current LCU in 2007 and was at its lowest, 40.90 million current LCU, in 1995.
Georgia ranks 93rd of 112 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 79.02 million current LCU | 40.90 million current LCU | 107.28 million current LCU | 5 |
| 2000s | 344.50 million current LCU | 144.90 million current LCU | 722.10 million current LCU | 8 |
Countries ranked near Georgia
More public sector data for Georgia
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Tax revenue 24.3% (2024)
- Taxes on income, profits and capital gains 38.5% (2024)
- Taxes on goods and services 44.5% (2024)
- Net investment in nonfinancial assets 4.6% (2024)
- Net lending (+) / net borrowing (-) -2.1% (2024)
- Interest payments 5.5% (2024)
- Grants and other revenue 16.1% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.3% (2024)
Frequently asked questions
- What is social contributions in Georgia?
- Social contributions in Georgia was 722.10 million current LCU in 2007, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Georgia?
- The highest recorded value was 722.10 million current LCU in 2007.
- What is the lowest social contributions recorded in Georgia?
- The lowest recorded value was 40.90 million current LCU in 1995.
- How does Georgia rank for social contributions?
- Georgia ranks 93rd out of 112 countries with data for 2007.
- Is social contributions rising or falling in Georgia?
- Over the last ten years it is up 907.1%. The long-run trend across the full record is volatile.
- Where does this Georgia 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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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.