The Social Security Rate in Mexico stands at 9.23 percent. source: Mexican Social Security Institute

Social Security Rate in Mexico averaged 10.52 percent from 1981 until 2022, reaching an all time high of 17.63 percent in 2000 and a record low of 0 percent in 1981. This page provides - Mexico Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Social Security Rate - values, historical data and charts - was last updated on January of 2023.

Social Security Rate in Mexico is expected to reach 9.23 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Social Security Rate is projected to trend around 9.23 percent in 2024, according to our econometric models.

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Mexico Social Security Rate

Related Last Previous Unit Reference
Social Security Rate 9.23 9.23 percent Dec 2022
Social Security Rate For Companies 7.58 7.58 percent Dec 2022
Social Security Rate For Employees 1.65 1.65 percent Dec 2022

Mexico Social Security Rate
In Mexico, 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 Mexico because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
9.23 9.23 17.63 0.00 1981 - 2022 percent Yearly