Israel Social Security Rate

The Social Security Rate in Israel stands at 19.60 percent. Social Security Rate in Israel averaged 15.02 percent from 2000 until 2019, reaching an all time high of 20 percent in 2018 and a record low of 9.70 percent in 2001.

Social Security Rate in Israel is expected to be 19.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Social Security Rate is projected to trend around 19.50 percent in 2020, according to our econometric models.

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Israel Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	24.00	24.00	36.00	24.00	percent	[+]
Personal Income Tax Rate	50.00	50.00	50.00	45.00	percent	[+]
Sales Tax Rate	17.00	17.00	18.00	15.50	percent	[+]
Social Security Rate	19.60	20.00	20.00	9.70	percent	[+]
Social Security Rate For Companies	7.60	8.00	8.00	5.40	percent	[+]
Social Security Rate For Employees	12.00	12.00	12.00	9.70	percent	[+]

In Israel, 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 Israel because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Israel Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Social Security Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	19.60	20.00	20.00	9.70	2000 - 2019	percent	Yearly

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Country	Last		Previous	Range
France	59.20	Dec/18	59.2	59.2 : 51.22	%
China	48.00	Dec/18	48	48 : 48	%
Netherlands	47.45	Dec/19	46.65	53.05 : 46.12	%
Argentina	43.70	Dec/19	43.7	44 : 40	%
Brazil	39.80	Dec/19	39.8	42.8 : 31	%
Italy	39.49	Dec/19	39.49	45.9 : 39.49	%
Germany	39.06	Dec/19	40.21	42.53 : 33.35	%
Turkey	37.50	Dec/19	37.5	38.5 : 31.5	%
Singapore	37.00	Dec/19	37	37 : 33	%
Spain	36.25	Dec/19	36.25	39.44 : 36.2	%
Russia	30.00	Dec/19	30	35.6 : 26	%
Japan	29.20	Dec/18	29.2	29.6 : 18.39	%
United Kingdom	25.80	Dec/19	25.8	25.8 : 9	%
India	24.00	Dec/18	24	24 : 24	%
Saudi Arabia	22.00	Dec/18	22	22 : 20	%
South Korea	18.81	Dec/18	18.81	18.81 : 15.3	%
United States	15.30	Dec/18	15.3	16.75 : 15.3	%
Canada	14.09	Dec/19	13.81	14.95 : 7.9	%
Switzerland	12.00	Dec/19	12	18.1 : 12	%
Australia	11.50	Dec/19	11.5	11.5 : 10.5	%
Indonesia	9.74	Dec/18	9.74	15.74 : 9.74	%
Mexico	9.23	Dec/18	9.23	17.63 : 0	%
South Africa	2.00	Dec/19	2	3 : 2	%