The Social Security Rate For Companies in Norway stands at 14.10 percent. Social Security Rate For Companies in Norway averaged 13.74 percent from 1990 until 2019, reaching an all time high of 16.70 percent in 1990 and a record low of 12.80 percent in 2007.

Social Security Rate For Companies in Norway is expected to be 14.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Social Security Rate For Companies is projected to trend around 14.10 percent in 2020, according to our econometric models.

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Norway Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
14.10 14.10 16.70 12.80 1990 - 2019 percent Yearly


Norway Social Security Rate For Companies
In Norway, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of Norway because they help to pay for many social programs including welfare, health care and many other benefits.

Norway Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 22.00 23.00 50.80 22.00 percent [+]
Personal Income Tax Rate 38.52 38.52 47.50 38.52 percent [+]
Sales Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Social Security Rate 22.30 22.30 24.50 4.40 percent [+]
Social Security Rate For Companies 14.10 14.10 16.70 12.80 percent [+]
Social Security Rate For Employees 8.20 8.20 8.20 4.40 percent [+]