Luxembourg | Social contributions (current LCU)
Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Grand Duchy of Luxembourg
Records
63
Source
Luxembourg | Social contributions (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
153594827.9495 1972
181309324.01915 1973
227913306.67652 1974
277045803.28657 1975
336912089.51931 1976
365419844.86823 1977
382425340.66768 1978
403768973.15065 1979
427021385.77438 1980
462742842.69421 1981
486862882.65464 1982
532400923.15549 1983
550943358.80852 1984
620403124.44999 1985
660487507.40582 1986
718221909.32551 1987
744399465.54156 1988
839640157.75944 1989
914826263.82316 1990
1015347088.1187 1991
1218495831.6704 1992
1338947295.3577 1993
1397574113.9666 1994
1783684000 1995
1842144000 1996
1943249000 1997
2063901000 1998
2305498000 1999
2525172000 2000
2782061000 2001
2944792000 2002
3155750000 2003
3324602000 2004
3581551000 2005
3796961000 2006
4152649000 2007
4451288000 2008
4743619000 2009
4916175000 2010
5222815000 2011
5526573000 2012
5752365000 2013
5949561000 2014
6249560000 2015
6475804000 2016
6913736000 2017
7293869000 2018
7709008000 2019
8094347000 2020
8588486000 2021
2022
Luxembourg | Social contributions (current LCU)
Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Grand Duchy of Luxembourg
Records
63
Source