Luxembourg vs Portugal: Financing of social security benefits in OECD member countries — Tax
Luxembourg
10.73 Percentage of GDP
in 2024
Portugal
10.52 Percentage of GDP
in 2024
Luxembourg rank
16th
Portugal rank
18th
Financing of social security benefits in OECD member countries — Tax over time
- Luxembourg
- Portugal
How they compare
Luxembourg currently reports 10.73 Percentage of GDP against 10.52 Percentage of GDP in Portugal, a difference of 0.21 Percentage of GDP.
Across all 60 years both countries report, Luxembourg has been ahead every year.
Luxembourg ranks 16th and Portugal ranks 18th of 33 countries.
Luxembourg has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Luxembourg | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 8.34 Percentage of GDP | 3.77 Percentage of GDP | 4.57 Percentage of GDP | Luxembourg |
| 1970s | 8.59 Percentage of GDP | 5.58 Percentage of GDP | 3.01 Percentage of GDP | Luxembourg |
| 1980s | 10.12 Percentage of GDP | 6.64 Percentage of GDP | 3.48 Percentage of GDP | Luxembourg |
| 1990s | 9.71 Percentage of GDP | 7.56 Percentage of GDP | 2.15 Percentage of GDP | Luxembourg |
| 2000s | 10.27 Percentage of GDP | 8.21 Percentage of GDP | 2.05 Percentage of GDP | Luxembourg |
| 2010s | 10.48 Percentage of GDP | 9.02 Percentage of GDP | 1.46 Percentage of GDP | Luxembourg |
| 2020s | 10.85 Percentage of GDP | 10.35 Percentage of GDP | 0.5065 Percentage of GDP | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financing of social security benefits in oecd member countries — tax, Luxembourg or Portugal?
- Luxembourg, at 10.73 Percentage of GDP against 10.52 Percentage of GDP in Portugal as of 2024.
- What is the difference in financing of social security benefits in oecd member countries — tax between Luxembourg and Portugal?
- 0.21 Percentage of GDP, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Portugal?
- 60 years are reported by both, from 1965 to 2024.
- How do Luxembourg and Portugal rank globally for financing of social security benefits in oecd member countries — tax?
- Luxembourg ranks 16th and Portugal ranks 18th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Financing of social security benefits in OECD member countries — Tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.