The Social Security Rate For Companies in Saudi Arabia stands at 12 percent. source: Department of Zakat and Income Tax

Social Security Rate For Companies in Saudi Arabia averaged 11.41 percent from 2006 until 2022, reaching an all time high of 12.00 percent in 2016 and a record low of 11.00 percent in 2007. This page provides - Saudi Arabia Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Social Security Rate For Companies - values, historical data and charts - was last updated on June of 2023.

Social Security Rate For Companies in Saudi Arabia is expected to reach 12.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Social Security Rate For Companies is projected to trend around 12.00 percent in 2024, according to our econometric models.

Ok
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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Saudi Arabia Social Security Rate For Companies



Related Last Previous Unit Reference
Personal Income Tax Rate 0.00 0.00 percent Dec 2023
Corporate Tax Rate 20.00 20.00 percent Dec 2023
Social Security Rate 22.00 22.00 percent Dec 2022
Social Security Rate For Companies 12.00 12.00 percent Dec 2022
Social Security Rate For Employees 10.00 10.00 percent Dec 2022

Saudi Arabia Social Security Rate For Companies
In Saudi Arabia, 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 Saudi Arabia because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 12.00 11.00 2006 - 2022 percent Yearly