The Social Security Rate in Guatemala stands at 17.50 percent. source: Instituto Guatemalteco de Seguridad Social

Social Security Rate in Guatemala is expected to reach 17.50 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Social Security Rate is projected to trend around 17.50 percent in 2024, according to our econometric models.

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Guatemala Social Security Rate

Related Last Previous Unit Reference
Social Security Rate 17.50 17.50 percent Dec 2022
Social Security Rate For Companies 12.67 12.67 percent Dec 2022
Social Security Rate For Employees 4.83 4.83 percent Dec 2022

Guatemala Social Security Rate
In Guatemala, 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 Guatemala because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
17.50 17.50 17.50 17.50 2004 - 2022 percent Yearly