The Social Security Rate in Mozambique stands at 7 percent. source: National Institute of Social Security

Social Security Rate in Mozambique is expected to reach 7.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mozambique Social Security Rate is projected to trend around 7.00 percent in 2023, according to our econometric models.

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Mozambique Social Security Rate

Related Last Previous Unit Reference
Social Security Rate For Employees 3.00 3.00 percent Dec 2022
Social Security Rate For Companies 4.00 4.00 percent Dec 2022
Social Security Rate 7.00 7.00 percent Dec 2022

Mozambique Social Security Rate
In Mozambique, 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 Mozambique because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 7.00 7.00 2004 - 2022 percent Yearly