The Social Security Rate For Companies in Equatorial Guinea stands at 21.50 percent.

Social Security Rate For Companies in Equatorial Guinea is expected to be 21.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Equatorial Guinea Social Security Rate For Companies is projected to trend around 21.50 percent in 2020, according to our econometric models.

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Equatorial Guinea Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
21.50 21.50 21.50 21.50 2004 - 2019 percent Yearly

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