The Social Security Rate For Employees in Bolivia stands at 22.21 percent. Social Security Rate For Employees in Bolivia averaged 17.54 percent from 2004 until 2018, reaching an all time high of 22.21 percent in 2011 and a record low of 12.21 percent in 2005.

Social Security Rate For Employees in Bolivia is expected to be 22.21 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Social Security Rate For Employees is projected to trend around 22.21 percent in 2020, according to our econometric models.

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Bolivia Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
22.21 22.21 22.21 12.21 2004 - 2018 percent Yearly


Bolivia Social Security Rate For Employees
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.

Bolivia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Sales Tax Rate 13.00 13.00 13.00 13.00 percent [+]
Personal Income Tax Rate 13.00 13.00 13.00 13.00 percent [+]
Social Security Rate 38.92 38.92 38.92 25.92 percent [+]
Social Security Rate For Companies 16.71 16.71 16.71 13.71 percent [+]
Social Security Rate For Employees 22.21 22.21 22.21 12.21 percent [+]