The Social Security Rate in Austria stands at 39.60 percent.

Social Security Rate in Austria averaged 39.75 percent from 1990 until 2018, reaching an all time high of 41.60 percent in 2000 and a record low of 39.16 percent in 1990. This page provides - Austria Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Social Security Rate - values, historical data and charts - was last updated on August of 2020.

Social Security Rate in Austria is expected to reach 39.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Social Security Rate is projected to trend around 39.60 percent in 2021, according to our econometric models.

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Austria Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
39.60 39.60 41.60 39.16 1990 - 2018 percent Yearly

Austria Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 55.00 25.00 percent [+]
Personal Income Tax Rate 55.00 55.00 55.00 50.00 percent [+]
Sales Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Social Security Rate 39.60 39.60 41.60 39.16 percent [+]
Social Security Rate For Companies 21.38 21.48 23.54 21.38 percent [+]
Social Security Rate For Employees 18.12 18.12 18.12 16.56 percent [+]


Austria Social Security Rate
In Austria, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Austria because they help to pay for many social programs including welfare, health care and many other benefits.