The Social Security Rate in Madagascar stands at 21 percent. source: National Social Insurance Fund

Social Security Rate in Madagascar averaged 19.69 percent from 2007 until 2023, reaching an all time high of 21.00 percent in 2021 and a record low of 19.00 percent in 2008. This page provides the latest reported value for - Madagascar Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Madagascar Social Security Rate - values, historical data and charts - was last updated on June of 2023.

Social Security Rate in Madagascar is expected to reach 21.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Social Security Rate is projected to trend around 21.00 percent in 2024, according to our econometric models.

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Madagascar Social Security Rate

Related Last Previous Unit Reference
Social Security Rate For Employees 2.00 2.00 percent Dec 2023
Social Security Rate For Companies 19.00 19.00 percent Dec 2023
Social Security Rate 21.00 21.00 percent Dec 2023

Madagascar Social Security Rate
In Madagascar, 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 Madagascar because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
21.00 21.00 21.00 19.00 2007 - 2023 percent Yearly