The Social Security Rate in Germany stands at 39.06 percent. Germany Social Security Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Social Security Rate in Germany averaged 39.94 percent from 1981 until 2019, reaching an all time high of 42.53 percent in 2005 and a record low of 33.35 percent in 1981. This page provides the latest reported value for - Germany Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Bundeszentralamt für Steuern

Social Security Rate in Germany is expected to reach 39.06 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Social Security Rate is projected to trend around 39.06 percent in 2021, according to our econometric models.


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Germany Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
39.06 40.21 42.53 33.35 1981 - 2019 percent Yearly


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