Financing of social security benefits in OECD member countries — Tax in Slovak Republic
Slovak Republic: Financing of social security benefits in OECD member countries — Tax was 15.57 Percentage of GDP in 2024. ▲ Rising
Financing of social security benefits in OECD member countries — Tax in Slovak Republic, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for financing of social security benefits in oecd member countries — tax in Slovak Republic is 15.57 Percentage of GDP, measured in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 16.5% over ten years.
Over the whole period, financing of social security benefits in oecd member countries — tax in Slovak Republic peaked at 15.57 Percentage of GDP in 2024 and was at its lowest, 11.47 Percentage of GDP, in 2007.
The long-run direction has been consistently rising across the 30 years of available data.
Financing of social security benefits in OECD member countries — Tax in Slovak Republic, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1995 | 14.49 Percentage of GDP | — |
| 1996 | 15.39 Percentage of GDP | +6.2% |
| 1997 | 14.58 Percentage of GDP | -5.3% |
| 1998 | 14.54 Percentage of GDP | -0.3% |
| 1999 | 13.74 Percentage of GDP | -5.5% |
| 2000 | 13.94 Percentage of GDP | +1.5% |
| 2001 | 14.11 Percentage of GDP | +1.2% |
| 2002 | 14.43 Percentage of GDP | +2.3% |
| 2003 | 13.7 Percentage of GDP | -5.1% |
| 2004 | 12.93 Percentage of GDP | -5.6% |
| 2005 | 12.49 Percentage of GDP | -3.4% |
| 2006 | 11.55 Percentage of GDP | -7.5% |
| 2007 | 11.47 Percentage of GDP | -0.7% |
| 2008 | 11.63 Percentage of GDP | +1.4% |
| 2009 | 12.37 Percentage of GDP | +6.4% |
| 2010 | 11.86 Percentage of GDP | -4.1% |
| 2011 | 11.92 Percentage of GDP | +0.5% |
| 2012 | 12.16 Percentage of GDP | +2.0% |
| 2013 | 13.19 Percentage of GDP | +8.5% |
| 2014 | 13.36 Percentage of GDP | +1.3% |
| 2015 | 13.56 Percentage of GDP | +1.5% |
| 2016 | 14.05 Percentage of GDP | +3.6% |
| 2017 | 14.48 Percentage of GDP | +3.1% |
| 2018 | 14.56 Percentage of GDP | +0.6% |
| 2019 | 14.9 Percentage of GDP | +2.3% |
| 2020 | 15.09 Percentage of GDP | +1.3% |
| 2021 | 14.97 Percentage of GDP | -0.8% |
| 2022 | 14.69 Percentage of GDP | -1.9% |
| 2023 | 14.94 Percentage of GDP | +1.7% |
| 2024 | 15.57 Percentage of GDP | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.55 Percentage of GDP | 13.74 Percentage of GDP | 15.39 Percentage of GDP | 5 |
| 2000s | 12.86 Percentage of GDP | 11.47 Percentage of GDP | 14.43 Percentage of GDP | 10 |
| 2010s | 13.4 Percentage of GDP | 11.86 Percentage of GDP | 14.9 Percentage of GDP | 10 |
| 2020s | 15.05 Percentage of GDP | 14.69 Percentage of GDP | 15.57 Percentage of GDP | 5 |
Countries ranked near Slovak Republic
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Frequently asked questions
- What is financing of social security benefits in oecd member countries — tax in Slovak Republic?
- Financing of social security benefits in oecd member countries — tax in Slovak Republic was 15.57 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest financing of social security benefits in oecd member countries — tax recorded in Slovak Republic?
- The highest recorded value was 15.57 Percentage of GDP in 2024.
- What is the lowest financing of social security benefits in oecd member countries — tax recorded in Slovak Republic?
- The lowest recorded value was 11.47 Percentage of GDP in 2007.
- How does Slovak Republic rank for financing of social security benefits in oecd member countries — tax?
- Slovak Republic ranks 1st out of 2 groups with data for 2024.
- Is financing of social security benefits in oecd member countries — tax rising or falling in Slovak Republic?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is rising.
- Where does this Slovak Republic data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Financing of social security benefits in OECD member countries — Tax revenue. Statizoid updates them automatically from the source API.
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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.