The Social Security Rate in Czech Republic stands at 45 percent.

Social Security Rate in Czech Republic averaged 46.25 percent from 2000 until 2019, reaching an all time high of 47.50 percent in 2001 and a record low of 45 percent in 2010. This page provides - Czech Republic Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Social Security Rate - values, historical data and charts - was last updated on August of 2020.

Social Security Rate in Czech Republic is expected to reach 45.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Social Security Rate is projected to trend around 45.00 percent in 2021, according to our econometric models.

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Czech Republic Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
45.00 45.00 47.50 45.00 2000 - 2019 percent Yearly

Czech Republic Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 19.00 19.00 45.00 19.00 percent [+]
Personal Income Tax Rate 22.00 22.00 43.00 15.00 percent [+]
Sales Tax Rate 21.00 21.00 22.00 19.00 percent [+]
Social Security Rate 45.00 45.00 47.50 45.00 percent [+]
Social Security Rate For Companies 34.00 34.00 35.00 34.00 percent [+]
Social Security Rate For Employees 11.00 11.00 12.50 11.00 percent [+]


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