The Social Security Rate in Slovakia stands at 48.60 percent.

Social Security Rate in Slovakia averaged 48.98 percent from 2000 until 2019, reaching an all time high of 50.55 percent in 2001 and a record low of 48.60 percent in 2005. This page provides - Slovakia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Social Security Rate - values, historical data and charts - was last updated on July of 2020.

Social Security Rate in Slovakia is expected to reach 48.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Social Security Rate is projected to trend around 48.60 percent in 2021, according to our econometric models.

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Slovakia Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
48.60 48.60 50.55 48.60 2000 - 2019 percent Yearly

Slovakia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 21.00 21.00 45.00 19.00 percent [+]
Personal Income Tax Rate 25.00 25.00 42.00 19.00 percent [+]
Sales Tax Rate 20.00 20.00 23.00 19.00 percent [+]
Social Security Rate 48.60 48.60 50.55 48.60 percent [+]
Social Security Rate For Companies 35.20 35.20 38.00 35.20 percent [+]
Social Security Rate For Employees 13.40 13.40 13.40 12.00 percent [+]


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