The 2024 data predicts declines in Social Security Contributions (SSC) tax revenue in Costa Rica (-0.25%) and Cameroon (-0.31%). Norway's SSC revenue is expected to grow steadily (0.76%), mirroring positive changes in Canada (0.85%) and Austria (0.67%). Estonia is projected to see the highest growth (2.9%), followed by Hungary (5.63%) and Slovakia (3.61%). Conversely, Sweden, France, and Denmark expect decreases, with Denmark experiencing the most significant drop (-5.56%). Over the past five years, these variations reflect consistent patterns of economic reforms and demographic shifts influencing SSC contributions on a global scale.
Future trends to observe include digital transformation influencing tax collection, demographic changes affecting contribution levels, and policy reforms responding to evolving economic conditions. Countries experiencing growth may continue bolstering their systems, while those declining might reconsider fiscal strategies for bolstering SSC revenue.
Top countries in Social Security Contributions (SSC) Tax Revenue Perceived by a Federal or Central Government Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Costa Rica | 41.87 | 2023 | +1.15% | -0.25% | View data |
| 2 | 2 Cameroon | 24.31 | 2023 | +1.41% | -0.31% | View data |
| 3 | 3 Norway | 12.99 | 2023 | +1.28% | +0.76% | View data |
| 4 | 4 Sweden | 5.89 | 2023 | -1.07% | -2.75% | View data |
| 5 | 5 Canada | 5.13 | 2023 | +0.65% | +0.85% | View data |
| 6 | 6 Austria | 2.89 | 2023 | +1.29% | +0.67% | View data |
| 7 | 7 France | 2.65 | 2023 | +0.18% | -0.9% | View data |
| 8 | 8 Spain | 1.13 | 2023 | +0.16% | -0.68% | View data |
| 9 | 9 Portugal | 0.68 | 2023 | +0.39% | -0.85% | View data |
| 10 | 10 Estonia | 0.61 | 2023 | +2.9% | +2.9% | View data |
