The Social Security Rate in Laos stands at 11.50 percent. source: Ministry of Labor and Social Welfare

Social Security Rate in Laos averaged 10.50 percent from 2009 until 2022, reaching an all time high of 11.50 percent in 2016 and a record low of 9.50 percent in 2010. This page provides - Laos Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Social Security Rate - values, historical data and charts - was last updated on February of 2023.

Social Security Rate in Laos is expected to reach 11.50 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Social Security Rate is projected to trend around 11.50 percent in 2023, according to our econometric models.

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Laos Social Security Rate

Related Last Previous Unit Reference
Social Security Rate For Employees 5.50 5.50 percent Dec 2022
Social Security Rate For Companies 6.00 6.00 percent Dec 2022
Social Security Rate 11.50 11.50 percent Dec 2022

Laos Social Security Rate
In Laos, 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 Laos 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 9.50 2009 - 2022 percent Yearly