United States | 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 States of America
Records
63
Source
United States | Social contributions (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
23.60091636 1972
24.97745347 1973
26.19768028 1974
28.10753352 1975
28.27428792 1976
27.87697611 1977
28.26175673 1978
27.71888175 1979
28.22415183 1980
27.9951234 1981
29.85248859 1982
31.31237372 1983
32.68598953 1984
32.90416324 1985
33.91570583 1986
32.8185795 1987
34.23335446 1988
33.90760117 1989
35.33307542 1990
34.53134431 1991
36.20937316 1992
34.99042587 1993
35.06933744 1994
34.14530451 1995
33.66731371 1996
32.74208753 1997
32.1606642 1998
32.42724052 1999
31.25740781 2000
35.02545908 2001
38.90803969 2002
39.69690644 2003
39.3024455 2004
36.49437575 2005
35.17573243 2006
35.06582294 2007
37.23246323 2008
41.89447241 2009
39.31789156 2010
34.804513 2011
34.44498171 2012
34.50056157 2013
34.32028286 2014
34.25832864 2015
35.10934497 2016
34.08302196 2017
37.28826668 2018
37.82596285 2019
37.84805874 2020
34.86724846 2021
33.44644876 2022
United States | 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 States of America
Records
63
Source