The Social Security Rate in Lithuania stands at 21.27 percent. source: State Tax Inspectorate (STI)

Social Security Rate in Lithuania averaged 36.03 percent from 2004 until 2020, reaching an all time high of 41.98 percent in 2016 and a record low of 21.27 percent in 2019. This page provides - Lithuania Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Social Security Rate - values, historical data and charts - was last updated on March of 2023.

Social Security Rate in Lithuania is expected to reach 21.27 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Social Security Rate is projected to trend around 21.27 percent in 2024, according to our econometric models.

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Lithuania Social Security Rate

Related Last Previous Unit Reference
Social Security Rate 21.27 21.27 percent Dec 2022
Social Security Rate For Companies 1.77 1.77 percent Dec 2022
Social Security Rate For Employees 19.50 19.50 percent Dec 2022

Lithuania Social Security Rate
In Lithuania, 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 Lithuania because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
21.27 21.27 41.98 21.27 2004 - 2022 percent Yearly