The Social Security Rate in Lithuania stands at 21.27 percent. Lithuania 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 Lithuania averaged 36.95 percent from 2004 until 2019, reaching an all time high of 41.98 percent in 2016 and a record low of 21.27 percent in 2019. This page provides - Lithuania Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Social Security Rate in Lithuania is expected to reach 21.27 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Social Security Rate is projected to trend around 21.27 percent in 2021, according to our econometric models.


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Lithuania Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
21.27 40.18 41.98 21.27 2004 - 2019 percent Yearly


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