The Social Security Rate For Employees in Latvia stands at 10.50 percent. source: State Revenue Service - Ministry of Finance

Social Security Rate For Employees in Latvia averaged 10.05 percent from 2004 until 2023, reaching an all time high of 11.00 percent in 2012 and a record low of 9.00 percent in 2005. This page provides - Latvia Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Social Security Rate For Employees - values, historical data and charts - was last updated on June of 2023.

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Latvia Social Security Rate For Employees



Related Last Previous Unit Reference
Social Security Rate 34.09 34.09 percent Dec 2023
Social Security Rate For Companies 23.59 23.59 percent Dec 2023
Social Security Rate For Employees 10.50 10.50 percent Dec 2023

Latvia Social Security Rate For Employees
In Latvia, 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 Latvia because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
10.50 10.50 11.00 9.00 2004 - 2023 percent Yearly