The Social Security Rate For Employees in Norway stands at 8.20 percent. Social Security Rate For Employees in Norway averaged 7.75 percent from 1981 until 2019, reaching an all time high of 8.20 percent in 2014 and a record low of 4.40 percent in 1981.

Social Security Rate For Employees in Norway is expected to be 8.20 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 Employees is projected to trend around 8.20 percent in 2020, according to our econometric models.

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Norway Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
8.20 8.20 8.20 4.40 1981 - 2019 percent Yearly


Norway Social Security Rate For Employees
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 Employees 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 [+]