The Social Security Rate For Employees in El Salvador stands at 3 percent. source: Social Insurance Institute

Social Security Rate For Employees in El Salvador is expected to reach 3.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Social Security Rate For Employees is projected to trend around 3.00 percent in 2024, according to our econometric models.

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El Salvador Social Security Rate For Employees



Related Last Previous Unit Reference
Social Security Rate For Employees 3.00 3.00 percent Dec 2022
Social Security Rate For Companies 7.50 7.50 percent Dec 2022
Social Security Rate 10.50 10.50 percent Dec 2022

El Salvador Social Security Rate For Employees
In El Salvador, 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 El Salvador because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 3.00 3.00 2009 - 2022 percent Yearly