The Social Security Rate For Employees in Lithuania stands at 19.50 percent. Social Security Rate For Employees in Lithuania averaged 7.78 percent from 2004 until 2019, reaching an all time high of 19.50 percent in 2019 and a record low of 3 percent in 2005.

Social Security Rate For Employees in Lithuania 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 Lithuania Social Security Rate For Employees is projected to trend around 19.50 percent in 2020, according to our econometric models.

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Lithuania Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
19.50 9.00 19.50 3.00 2004 - 2019 percent Yearly


Lithuania Social Security Rate For Employees
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.

Lithuania Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 15.00 15.00 20.00 15.00 percent [+]
Personal Income Tax Rate 15.00 15.00 33.00 15.00 percent [+]
Sales Tax Rate 21.00 21.00 21.00 18.00 percent [+]
Social Security Rate 21.27 40.18 41.98 21.27 percent [+]
Social Security Rate For Companies 1.77 31.18 31.18 1.77 percent [+]
Social Security Rate For Employees 19.50 9.00 19.50 3.00 percent [+]