The Social Security Rate in Vietnam stands at 26 percent.

Social Security Rate in Vietnam averaged 23.40 percent from 2004 until 2018, reaching an all time high of 26 percent in 2014 and a record low of 20 percent in 2007. This page provides - Vietnam Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: General Department of Taxation

Social Security Rate in Vietnam is expected to be 26.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Social Security Rate is projected to trend around 26.00 percent in 2020, according to our econometric models.

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Vietnam Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
26.00 26.00 26.00 20.00 2004 - 2018 percent Yearly

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