Taxes and social security contributions

This indicator shows how many million euros the Nordic region pays in taxes and social security contributions in per cent of GDP. Data is compiled according to the methodological framework laid out in the European system of accounts, 2010 edition (ESA 2010). Taxes and social security contributions collected by general government and its sub sectors. The institutional units included to general government sector according to ESA 2010 are the following: a) general government entities (excluding public producers organized as public corporations or, by virtue of special legislation, recognized as independent legal entities, or quasi-corporations, when any of these are classified in the non-financial and financial sectors) which administer and finance a group of activities, principally providing non-market goods and services, intended for the benefit of the community; b) non-profit institutions recognized as independent legal entities which are other non-market producers and which are controlled and mainly financed by general government; c) autonomous pension funds which fulfil each of the following criteria: 1) by law or by regulation certain groups of the population are obliged to participate in scheme or to pay contributions. 2) general government is responsible for the management of the institution in respect of the settlement or approval of the contributions and benefits independently from its role as supervisory body or employer. For more information: http://91.208.143.100/pxweb/norden/pxweb/en/Nordic%20Statistics/

English

Keywords: social security contribution, Tax