In 2023, Norway led the global landscape in employer SSC tax revenue with a significant $26.5 million, reflecting a year-on-year increase of 0.64%. Conversely, Sweden saw a decline of 2.63% despite its substantial $20.68 million contribution. Canada experienced slight growth, while Spain and Estonia saw modest increases. Slovakia, Chile, and Slovenia showed positive trends in 2023, whereas Portugal and Denmark exhibited notable declines.
Future trends to watch include:
- Potential policy shifts and economic factors influencing SSC tax revenue.
- Technological advancements impacting employment and contribution bases.
- Demographic changes affecting the scale and flow of social security contributions globally.
Top countries in Employers Social Security Contributions (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 Norway | 26.5 | 2023 | +1.13% | +0.64% | View data |
| 2 | 2 Sweden | 20.68 | 2023 | -0.98% | -2.63% | View data |
| 3 | 3 Canada | 10.33 | 2023 | +0.18% | +0.4% | View data |
| 4 | 4 Spain | 2.45 | 2023 | +1.08% | +0.31% | View data |
| 5 | 5 Estonia | 2.12 | 2023 | +2.91% | +2.92% | View data |
| 6 | 6 Slovakia | 0.3 | 2023 | +2.46% | +3.19% | View data |
| 7 | 7 Chile | 0.15 | 2023 | +2.44% | +3.41% | View data |
| 8 | 8 Portugal | 0.11 | 2023 | -9.8% | -13.85% | View data |
| 9 | 9 Slovenia | 0.037 | 2023 | +2.13% | +2% | View data |
| 10 | 10 Denmark | 0.001 | 2023 | -8.72% | -21.04% | View data |
