Social contributions in Lithuania
Lithuania: Social contributions was 8.62 billion current LCU in 2024. ◆ Volatile
Social contributions in Lithuania, 1991–2024
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 Lithuania is 8.62 billion current LCU, measured in 2024. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 11.7% on the previous year and up 106.4% over ten years.
Over the whole period, social contributions in Lithuania peaked at 8.62 billion current LCU in 2024 and was at its lowest, 10.58 million current LCU, in 1991.
Lithuania ranks 71st 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 |
|---|---|---|---|---|
| 1990s | 689.90 million current LCU | 10.58 million current LCU | 1.30 billion current LCU | 8 |
| 2000s | 2.09 billion current LCU | 1.33 billion current LCU | 3.48 billion current LCU | 10 |
| 2010s | 4.40 billion current LCU | 3.37 billion current LCU | 5.88 billion current LCU | 10 |
| 2020s | 6.85 billion current LCU | 5.24 billion current LCU | 8.62 billion current LCU | 5 |
Countries ranked near Lithuania
- 68 Luxembourg 10.42 billion current LCU compare
- 69 Bulgaria 9.28 billion current LCU compare
- 70 Armenia 8.70 billion current LCU compare
- 72 Croatia 8.37 billion current LCU compare
- 73 Bosnia and Herzegovina 8.17 billion current LCU compare
- 74 Azerbaijan 8.10 billion current LCU compare
More public sector data for Lithuania
- Arms imports 51.00 million SIPRI trend indicator values (2024)
- Tax revenue 21.9% (2024)
- Taxes on income, profits and capital gains 29.0% (2024)
- Taxes on goods and services 31.0% (2024)
- Net investment in nonfinancial assets 3.1% (2024)
- Net lending (+) / net borrowing (-) -1.3% (2024)
- Interest payments 1.9% (2024)
- Grants and other revenue 9.9% (2024)
- Interest payments 1.5% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is social contributions in Lithuania?
- Social contributions in Lithuania was 8.62 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 Lithuania?
- The highest recorded value was 8.62 billion current LCU in 2024.
- What is the lowest social contributions recorded in Lithuania?
- The lowest recorded value was 10.58 million current LCU in 1991.
- How does Lithuania rank for social contributions?
- Lithuania ranks 71st out of 112 countries with data for 2024.
- Is social contributions rising or falling in Lithuania?
- Over the last ten years it is up 106.4%. The long-run trend across the full record is volatile.
- Where does this Lithuania 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 — 33 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.