The Social Security Rate For Employees in Sri Lanka stands at 8 percent. source: Ministry of Employment and Labor

Social Security Rate For Employees in Sri Lanka is expected to reach 8.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Social Security Rate For Employees is projected to trend around 8.00 percent in 2021, according to our econometric models.

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Sri Lanka Social Security Rate For Employees


Sri Lanka Last Unit Reference Previous Highest Lowest
Social Security Rate For Employees 8.00 percent Dec/21 8.00 8.00 8.00
Social Security Rate For Companies 12.00 percent Dec/21 12.00 17.00 12.00
Social Security Rate 20.00 percent Dec/21 20.00 25.00 20.00


Sri Lanka Social Security Rate For Employees
In Sri Lanka, 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 Sri Lanka because they help to pay for many social programs including welfare, health care and many other benefits.