Social contributions in Ireland
Ireland: Social contributions was 22.50 billion current LCU in 2024. ◆ Volatile
Social contributions in Ireland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Ireland recorded 22.50 billion current LCU for social contributions in 2024. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 98.0% over ten years.
Over the whole period, social contributions in Ireland peaked at 22.50 billion current LCU in 2024 and was at its lowest, 78.72 million current LCU, in 1972.
Ireland ranks 62nd of 112 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 243.15 million current LCU | 78.72 million current LCU | 446.95 million current LCU | 8 |
| 1980s | 1.17 billion current LCU | 576.46 million current LCU | 1.65 billion current LCU | 10 |
| 1990s | 2.74 billion current LCU | 1.80 billion current LCU | 4.03 billion current LCU | 10 |
| 2000s | 7.79 billion current LCU | 4.76 billion current LCU | 10.52 billion current LCU | 10 |
| 2010s | 12.04 billion current LCU | 9.21 billion current LCU | 15.65 billion current LCU | 10 |
| 2020s | 19.02 billion current LCU | 15.02 billion current LCU | 22.50 billion current LCU | 5 |
Countries ranked near Ireland
More public sector data for Ireland
- Arms imports 63.00 million SIPRI trend indicator values (2023)
- Tax revenue 17.9% (2024)
- Taxes on income, profits and capital gains 45.2% (2024)
- Taxes on goods and services 22.9% (2024)
- Net investment in nonfinancial assets 1.8% (2024)
- Net lending (+) / net borrowing (-) 4.4% (2024)
- Interest payments 2.3% (2024)
- Grants and other revenue 9.3% (1994)
- Interest payments 3.3% (2022)
- Other taxes 1.8% (2024)
Frequently asked questions
- What is social contributions in Ireland?
- Social contributions in Ireland was 22.50 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 Ireland?
- The highest recorded value was 22.50 billion current LCU in 2024.
- What is the lowest social contributions recorded in Ireland?
- The lowest recorded value was 78.72 million current LCU in 1972.
- How does Ireland rank for social contributions?
- Ireland ranks 62nd out of 112 countries with data for 2024.
- Is social contributions rising or falling in Ireland?
- Over the last ten years it is up 98.0%. The long-run trend across the full record is volatile.
- Where does this Ireland 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 — 53 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.