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
1972 23.60091636
1973 24.97745347
1974 26.19768028
1975 28.10753352
1976 28.27428792
1977 27.87697611
1978 28.26175673
1979 27.71888175
1980 28.22415183
1981 27.9951234
1982 29.85248859
1983 31.31237372
1984 32.68598953
1985 32.90416324
1986 33.91570583
1987 32.8185795
1988 34.23335446
1989 33.90760117
1990 35.33307542
1991 34.53134431
1992 36.20937316
1993 34.99042587
1994 35.06933744
1995 34.14530451
1996 33.66731371
1997 32.74208753
1998 32.1606642
1999 32.42724052
2000 31.25740781
2001 35.02545908
2002 38.90803969
2003 39.69690644
2004 39.3024455
2005 36.49437575
2006 35.17573243
2007 35.06582294
2008 37.23246323
2009 41.89447241
2010 39.31789156
2011 34.804513
2012 34.44498171
2013 34.50056157
2014 34.32028286
2015 34.25832864
2016 35.10934497
2017 34.08302196
2018 37.28826668
2019 37.82596285
2020 37.84805874
2021 34.86724846
2022 33.44644876

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