The Social Security Rate For Companies in Spain stands at 29.90 percent. Spain Social Security Rate For Companies - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Social Security Rate For Companies in Spain averaged 30.34 percent from 1981 until 2019, reaching an all time high of 33.70 percent in 1981 and a record low of 29.90 percent in 2010. This page provides - Spain Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Ministerio de Empleo y Seguridad Social

Social Security Rate For Companies in Spain is expected to reach 29.90 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Social Security Rate For Companies is projected to trend around 29.90 percent in 2021, according to our econometric models.


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Spain Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
29.90 29.90 33.70 29.90 1981 - 2019 percent Yearly


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