The Social Security Rate in Bolivia stands at 38.92 percent. Bolivia Social Security Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Social Security Rate in Bolivia averaged 32.85 percent from 2004 until 2018, reaching an all time high of 38.92 percent in 2011 and a record low of 25.92 percent in 2005. This page provides - Bolivia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Social Security Rate in Bolivia is expected to reach 38.92 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Social Security Rate is projected to trend around 38.92 percent in 2021, according to our econometric models.


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Bolivia Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
38.92 38.92 38.92 25.92 2004 - 2018 percent Yearly


Bolivia Social Security Rate
In Bolivia, 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 Bolivia because they help to pay for many social programs including welfare, health care and many other benefits.