The Social Security Rate in Turkey stands at 34.50 percent. source: Ministry of Labor and Social Security

Social Security Rate in Turkey averaged 35.36 percent from 2000 until 2022, reaching an all time high of 38.50 percent in 2001 and a record low of 31.50 percent in 2009. This page provides the latest reported value for - Turkey Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Social Security Rate - values, historical data and charts - was last updated on March of 2023.

Social Security Rate in Turkey is expected to reach 34.50 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Social Security Rate is projected to trend around 34.50 percent in 2024, according to our econometric models.

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Turkey Social Security Rate

Related Last Previous Unit Reference
Social Security Rate 34.50 37.50 percent Dec 2022
Social Security Rate For Companies 20.50 22.50 percent Dec 2022
Social Security Rate For Employees 14.00 15.00 percent Dec 2022

Turkey Social Security Rate
In Turkey, 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 Turkey because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
34.50 37.50 38.50 31.50 2000 - 2022 percent Yearly