The Social Security Rate in Denmark stands at 8 percent. source: Danish Central Tax Administration

Social Security Rate in Denmark is expected to reach 8.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Social Security Rate is projected to trend around 8.00 percent in 2021, according to our econometric models.

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Denmark Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.00 8.00 8.00 8.00 2000 - 2018 percent Yearly

Denmark Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 22.00 22.00 50.00 22.00 percent [+]
Personal Income Tax Rate 55.80 55.80 65.90 55.40 percent [+]
Sales Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Social Security Rate 8.00 8.00 8.00 8.00 percent [+]
Social Security Rate For Companies 0.00 0.00 0.00 0.00 percent [+]
Social Security Rate For Employees 8.00 8.00 8.00 8.00 percent [+]


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