The Social Security Rate For Companies in Kuwait stands at 11.50 percent. source: Department of Income Tax

Social Security Rate For Companies in Kuwait averaged 11.11 percent from 2004 until 2022, reaching an all time high of 11.50 percent in 2015 and a record low of 10.50 percent in 2005. This page provides - Kuwait Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Social Security Rate For Companies - values, historical data and charts - was last updated on March of 2023.

Social Security Rate For Companies in Kuwait is expected to reach 11.50 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait Social Security Rate For Companies is projected to trend around 11.50 percent in 2024, according to our econometric models.

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Kuwait Social Security Rate For Companies



Related Last Previous Unit Reference
Social Security Rate 19.50 22.00 percent Dec 2022
Social Security Rate For Companies 11.50 11.50 percent Dec 2022
Social Security Rate For Employees 8.00 10.50 percent Dec 2022

Kuwait Social Security Rate For Companies
In Kuwait, 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 Kuwait because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
11.50 11.50 11.50 10.50 2004 - 2022 percent Yearly