United Kingdom | Social contributions (% of revenue)
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
United Kingdom of Great Britain and Northern Ireland
Records
63
Source
United Kingdom | Social contributions (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
15.62632098 1972
16.96922545 1973
16.95214791 1974
17.34162415 1975
18.60897145 1976
17.4207829 1977
17.05059908 1978
16.24537512 1979
15.48483293 1980
15.16427605 1981
16.25722611 1982
16.84646937 1983
16.93876037 1984
16.70668237 1985
17.58999507 1986
22.17210873 1987
21.97671215 1988
21.79631864 1989
20.09026224 1990
19.84103742 1991
20.38110906 1992
21.52103264 1993
20.96969952 1994
18.68621909 1995
18.75102275 1996
18.40145391 1997
17.69432786 1998
17.83800932 1999
17.56699113 2000
17.75320636 2001
17.73497309 2002
18.44658967 2003
18.52437467 2004
18.11627635 2005
18.35507907 2006
18.01940392 2007
18.10855389 2008
19.23223124 2009
15.96858511 2010
18.37761624 2011
18.25867146 2012
17.81744875 2013
17.97307699 2014
18.12179063 2015
18.3632824 2016
18.53675134 2017
18.64618736 2018
19.3667649 2019
20.35460873 2020
19.61830567 2021
2022
United Kingdom | Social contributions (% of revenue)
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
United Kingdom of Great Britain and Northern Ireland
Records
63
Source