The Social Security Rate For Companies in Kenya stands at 5 percent.

Social Security Rate For Companies in Kenya is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Social Security Rate For Companies is projected to trend around 5.00 percent in 2020, according to our econometric models.

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Kenya Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 5.00 5.00 2004 - 2019 percent Yearly

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