The Social Security Rate For Companies in Libya stands at 11.25 percent. source: Social Security Fund

Social Security Rate For Companies in Libya is expected to reach 11.25 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Social Security Rate For Companies is projected to trend around 11.25 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Libya Social Security Rate For Companies

Libya Last Unit Reference Previous Highest Lowest
Social Security Rate For Employees 3.75 percent Dec/21 3.75 3.75 3.75
Social Security Rate For Companies 11.25 percent Dec/21 11.25 11.25 11.25
Social Security Rate 15.00 percent Dec/21 15.00 15.00 15.00

Libya Social Security Rate For Companies
In Libya, 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 Libya because they help to pay for many social programs including welfare, health care and many other benefits.