The Social Security Rate For Companies in El Salvador stands at 7.50 percent. source: Social Insurance Institute

Social Security Rate For Companies in El Salvador averaged 7.42 percent from 2009 until 2021, reaching an all time high of 7.50 percent in 2010 and a record low of 7 percent in 2018. This page provides - El Salvador Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news. El Salvador Social Security Rate For Companies - values, historical data and charts - was last updated on January of 2022.

Social Security Rate For Companies in El Salvador is expected to reach 7.50 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Social Security Rate For Companies is projected to trend around 7.50 percent in 2022 and 7.00 percent in 2023, according to our econometric models.

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El Salvador Social Security Rate For Companies


Related Last Previous Unit Reference
Social Security Rate For Employees 3.00 3.00 percent Dec/21
Social Security Rate For Companies 7.50 7.50 percent Dec/21
Social Security Rate 10.50 10.50 percent Dec/21
El Salvador Social Security Rate For Companies
In El Salvador, 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 El Salvador because they help to pay for many social programs including welfare, health care and many other benefits.