Social contributions in Uruguay
Uruguay: Social contributions was 350.48 billion current LCU in 2024. ◆ Volatile
Social contributions in Uruguay, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Uruguay recorded 350.48 billion current LCU for social contributions in 2024. That is the highest value across all 53 years on record.
The figure is up 9.0% on the previous year and up 151.4% over ten years.
Over the whole period, social contributions in Uruguay peaked at 350.48 billion current LCU in 2024 and was at its lowest, 83,000 current LCU, in 1972.
Uruguay ranks 26th of 112 countries on this measure, in the top 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 |
|---|---|---|---|---|
| 1970s | 1.04 million current LCU | 83,000 current LCU | 3.37 million current LCU | 8 |
| 1980s | 74.35 million current LCU | 4.79 million current LCU | 331.00 million current LCU | 10 |
| 1990s | 9.81 billion current LCU | 699.00 million current LCU | 20.21 billion current LCU | 10 |
| 2000s | 26.77 billion current LCU | 16.16 billion current LCU | 61.97 billion current LCU | 10 |
| 2010s | 143.23 billion current LCU | 71.77 billion current LCU | 217.69 billion current LCU | 10 |
| 2020s | 283.87 billion current LCU | 220.87 billion current LCU | 350.48 billion current LCU | 5 |
Countries ranked near Uruguay
More public sector data for Uruguay
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Tax revenue 17.9% (2024)
- Taxes on income, profits and capital gains 18.8% (2024)
- Taxes on goods and services 24.7% (2024)
- Net investment in nonfinancial assets 1.2% (2024)
- Net lending (+) / net borrowing (-) -3.1% (2024)
- Interest payments 6.9% (2024)
- Grants and other revenue 19.5% (2024)
- Interest payments 6.4% (2023)
- Other taxes 4.1% (2024)
Frequently asked questions
- What is social contributions in Uruguay?
- Social contributions in Uruguay was 350.48 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 Uruguay?
- The highest recorded value was 350.48 billion current LCU in 2024.
- What is the lowest social contributions recorded in Uruguay?
- The lowest recorded value was 83,000 current LCU in 1972.
- How does Uruguay rank for social contributions?
- Uruguay ranks 26th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Uruguay?
- Over the last ten years it is up 151.4%. The long-run trend across the full record is volatile.
- Where does this Uruguay 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.