The analysis of Global Social Security Contributions (SSC) tax revenue data in 2023 reveals Brazil as the leading country, with other significant contributions from Argentina, the Philippines, and Morocco. Year-on-year variations show notable increases in the Philippines, Indonesia, and Cuba, while Egypt and France experienced a decline. Over a five-year period, the Democratic Republic of the Congo demonstrates a strong growth trajectory. In contrast, Denmark and Seychelles show a downward trend.
Future trends to watch include potential policy changes and economic conditions influencing SSC contributions. Emerging markets may see growth due to expanding employment and enforcement of tax compliance, while established economies could focus on maintaining current levels.
Top countries in Social Security Contributions (SSC) Tax Revenue Perceived by Any Governmental Institution Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 55.14 | 2023 | +0.67% | +0.43% | View data |
| 2 | 2 Argentina | 9.58 | 2023 | -0.38% | -2.62% | View data |
| 3 | 3 Philippines | 3.68 | 2023 | +3.84% | +5.83% | View data |
| 4 | 4 Morocco | 2.79 | 2023 | +3.05% | +3.79% | View data |
| 5 | 5 Indonesia | 2.31 | 2023 | +5.66% | +5.03% | View data |
| 6 | 6 Bulgaria | 2.3 | 2023 | +3.2% | +3.52% | View data |
| 7 | 7 Ecuador | 2.26 | 2023 | +3.27% | +3.9% | View data |
| 8 | 8 Cuba | 2.2 | 2023 | +3.46% | +4.67% | View data |
| 9 | 9 Thailand | 2.11 | 2023 | +3.41% | +4.53% | View data |
| 10 | 10 Costa Rica | 1.99 | 2023 | +3.16% | +3.52% | View data |