In 2023, Morocco led global revenue with $5.43 billion derived from self-employed SSC contributions, experiencing a 3.8% yearly growth. Argentina followed with a negative trend at -7.78%. Latvia, Rwanda, and Estonia accounted for the lowest revenue stats ranging from minimal increases to slight negative trends. Germany and Japan, significant economies, remained stable with minor annual fluctuations. The five-year compound annual growth rate (CAGR) highlights moderate growth in several countries, with substantial diversity in SSC revenues.
Future trends to watch include shifts towards digitalization which may simplify tax processes, volatility in gig economy employment impacting SSC receipts, and policy adaptations to support self-employed individuals as governments strive to broaden social security safety nets.
Top countries in Self Employed or Non-Employed Social Security Contribution (SSC) Tax Revenue Perceived by Social Security Funds by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Morocco | 5,430 | 2023 | +3.07% | +3.8% | View data |
| 2 | 2 Argentina | 890.09 | 2023 | -5.32% | -7.78% | View data |
| 3 | 3 Bulgaria | 390.75 | 2023 | +2.82% | +2.74% | View data |
| 4 | 4 Thailand | 350.16 | 2023 | +4.41% | +6.6% | View data |
| 5 | 5 United States | 73.96 | 2023 | +2.04% | +2.37% | View data |
| 6 | 6 Germany | 59.88 | 2023 | +1.75% | +1.39% | View data |
| 7 | 7 Japan | 59.78 | 2023 | -0.22% | -0.3% | View data |
| 8 | 8 Italy | 40.21 | 2023 | +1.06% | +0.64% | View data |
| 9 | 9 Netherlands | 32.45 | 2023 | +2.86% | +1.46% | View data |
| 10 | 10 France | 31.86 | 2023 | +0.26% | +0.48% | View data |