🇱🇻 Latvia Social contributions
Latvia Social contributions was $4.62B in 2024, up 9.6% from 2023, according to World Bank data. The 10-year average is $3.13B. Historical data available from 1994 to 2024 (31 data points). The all-time high was $4.62B in 2024.
Source: World Bank World Development Indicators • 1994–2024 • 31 data points • Public Sector
Latest Value
$4.62B
2024
Year-on-Year
+9.6%
vs 2023
10-Year Average
$3.13B
2015–2024
Range
High: $4.62B (2024)
Low: $180.61M (1994)
Latvia Social contributions (current LCU) — 1994 to 2024
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About this Indicator
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $4.62B |
| 2023 | $4.21B |
| 2022 | $3.73B |
| 2021 | $3.30B |
| 2020 | $3.10B |
| 2019 | $3.03B |
| 2018 | $2.74B |
| 2017 | $2.33B |
| 2016 | $2.13B |
| 2015 | $2.09B |
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<iframe src="https://nationstat.com/country/latvia/social-contributions-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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