The global employees' social security contribution (SSC) tax revenue shows notable disparities among countries. As of 2023, Cameroon leads with a significant figure of 85.33 million USD, although it experienced a slight year-on-year decrease of 0.31%. Conversely, Norway, with an SSC revenue of 15.96 million USD, showed a modest increase of 0.84%. France and Canada also observed growth at 0.55% and 0.39%, respectively. Luxembourg and Slovakia reported the highest percentage growth in their SSC revenues, while countries like Portugal and Chile saw declines at -0.21% and -0.65%, respectively. The five-year CAGR reflects steady annual growth for most countries.
Future trends to watch in the global SSC tax revenues include potential policy changes impacting contributions, demographic shifts affecting workforce sizes, and economic factors influencing wage levels. Countries may also explore digitalization in tax collection processes, further impacting SSC revenue analysis. Monitoring these trends will be essential for forecasting and strategic planning in SSC tax revenue management.
Top countries in Employees Social Security Contribution (SSC) Tax Revenue Perceived by a Federal or Central Government by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cameroon | 85.33 | 2023 | +1.41% | -0.31% | View data |
| 2 | 2 Norway | 15.96 | 2023 | +1.42% | +0.84% | View data |
| 3 | 3 France | 8.25 | 2023 | +1.21% | +0.55% | View data |
| 4 | 4 Canada | 7.28 | 2023 | +0.17% | +0.39% | View data |
| 5 | 5 Austria | 5.22 | 2023 | +1.21% | +0.59% | View data |
| 6 | 6 Portugal | 2.25 | 2023 | +0.58% | -0.21% | View data |
| 7 | 7 Ireland | 1.62 | 2023 | +1.7% | +1.32% | View data |
| 8 | 8 Hungary | 1.1 | 2023 | +3.15% | +8.39% | View data |
| 9 | 9 Chile | 0.59 | 2023 | +0.28% | -0.65% | View data |
| 10 | 10 Luxembourg | 0.22 | 2023 | +2.18% | +2% | View data |
