Social contributions in Switzerland
Switzerland: Social contributions was 55.27 billion current LCU in 2024. ▲ Rising
Social contributions in Switzerland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Switzerland recorded 55.27 billion current LCU for social contributions in 2024. That is the highest value across all 53 years on record.
The figure is up 3.2% on the previous year and up 27.2% over ten years.
Over the whole period, social contributions in Switzerland peaked at 55.27 billion current LCU in 2024 and was at its lowest, 6.52 billion current LCU, in 1972.
That places Switzerland 49th out of 112 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.89 billion current LCU | 6.52 billion current LCU | 15.14 billion current LCU | 8 |
| 1980s | 22.61 billion current LCU | 16.08 billion current LCU | 30.17 billion current LCU | 10 |
| 1990s | 25.86 billion current LCU | 19.96 billion current LCU | 29.50 billion current LCU | 10 |
| 2000s | 33.63 billion current LCU | 30.88 billion current LCU | 38.15 billion current LCU | 10 |
| 2010s | 43.46 billion current LCU | 38.33 billion current LCU | 47.14 billion current LCU | 10 |
| 2020s | 52.15 billion current LCU | 49.04 billion current LCU | 55.27 billion current LCU | 5 |
Countries ranked near Switzerland
- 46 Austria 76.98 billion current LCU compare
- 47 Kyrgyzstan 73.78 billion current LCU compare
- 48 Cameroon 55.36 billion current LCU compare
- 50 Dominican Republic 52.80 billion current LCU compare
- 51 South Africa 38.77 billion current LCU compare
- 52 Sri Lanka 36.26 billion current LCU compare
More public sector data for Switzerland
- Arms imports 33.00 million SIPRI trend indicator values (2023)
- Tax revenue 9.5% (2024)
- Taxes on income, profits and capital gains 25.1% (2024)
- Taxes on goods and services 29.5% (2024)
- Net investment in nonfinancial assets 1.0% (2024)
- Net lending (+) / net borrowing (-) 0.5% (2024)
- Interest payments 0.9% (2024)
- Grants and other revenue 7.2% (2024)
- Interest payments 1.0% (2023)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is social contributions in Switzerland?
- Social contributions in Switzerland was 55.27 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 Switzerland?
- The highest recorded value was 55.27 billion current LCU in 2024.
- What is the lowest social contributions recorded in Switzerland?
- The lowest recorded value was 6.52 billion current LCU in 1972.
- How does Switzerland rank for social contributions?
- Switzerland ranks 49th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Switzerland?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is rising.
- Where does this Switzerland 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.