Social contributions in Spain
Spain: Social contributions was 209.57 billion current LCU in 2024. ◆ Volatile
Social contributions in Spain, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Spain recorded 209.57 billion current LCU for social contributions in 2024. That is the highest value across all 53 years on record.
That represents a change of up 6.8% on the previous year and up 63.2% over ten years.
Over the whole period, social contributions in Spain peaked at 209.57 billion current LCU in 2024 and was at its lowest, 1.60 billion current LCU, in 1972.
Spain ranks 30th 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 | 4.52 billion current LCU | 1.60 billion current LCU | 9.23 billion current LCU | 8 |
| 1980s | 19.41 billion current LCU | 10.58 billion current LCU | 31.60 billion current LCU | 10 |
| 1990s | 52.91 billion current LCU | 35.09 billion current LCU | 73.66 billion current LCU | 10 |
| 2000s | 112.38 billion current LCU | 80.14 billion current LCU | 140.14 billion current LCU | 10 |
| 2010s | 137.13 billion current LCU | 126.33 billion current LCU | 159.99 billion current LCU | 10 |
| 2020s | 183.55 billion current LCU | 161.48 billion current LCU | 209.57 billion current LCU | 5 |
Countries ranked near Spain
More public sector data for Spain
- Arms imports 148.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.9% (2024)
- Taxes on income, profits and capital gains 22.0% (2024)
- Taxes on goods and services 25.0% (2024)
- Net investment in nonfinancial assets 0.7% (2024)
- Net lending (+) / net borrowing (-) -3.2% (2024)
- Interest payments 6.5% (2024)
- Grants and other revenue 11.5% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is social contributions in Spain?
- Social contributions in Spain was 209.57 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 Spain?
- The highest recorded value was 209.57 billion current LCU in 2024.
- What is the lowest social contributions recorded in Spain?
- The lowest recorded value was 1.60 billion current LCU in 1972.
- How does Spain rank for social contributions?
- Spain ranks 30th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Spain?
- Over the last ten years it is up 63.2%. The long-run trend across the full record is volatile.
- Where does this Spain 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 — 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.