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
1972 15.62632098
1973 16.96922545
1974 16.95214791
1975 17.34162415
1976 18.60897145
1977 17.4207829
1978 17.05059908
1979 16.24537512
1980 15.48483293
1981 15.16427605
1982 16.25722611
1983 16.84646937
1984 16.93876037
1985 16.70668237
1986 17.58999507
1987 22.17210873
1988 21.97671215
1989 21.79631864
1990 20.09026224
1991 19.84103742
1992 20.38110906
1993 21.52103264
1994 20.96969952
1995 18.68621909
1996 18.75102275
1997 18.40145391
1998 17.69432786
1999 17.83800932
2000 17.56699113
2001 17.75320636
2002 17.73497309
2003 18.44658967
2004 18.52437467
2005 18.11627635
2006 18.35507907
2007 18.01940392
2008 18.10855389
2009 19.23223124
2010 15.96858511
2011 18.37761624
2012 18.25867146
2013 17.81744875
2014 17.97307699
2015 18.12179063
2016 18.3632824
2017 18.53675134
2018 18.64618736
2019 19.3667649
2020 20.35460873
2021 19.61830567
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