The Social Security Rate in Albania stands at 24.50 percent.

Social Security Rate in Albania averaged 26.93 percent from 2012 until 2018, reaching an all time high of 27.90 percent in 2013 and a record low of 24.50 percent in 2017. This page provides - Albania Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Social Security Rate - values, historical data and charts - was last updated on July of 2020.

Social Security Rate in Albania is expected to reach 24.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Social Security Rate is projected to trend around 24.50 percent in 2021, according to our econometric models.

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Albania Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.50 24.50 27.90 24.50 2009 - 2019 percent Yearly

Albania Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 15.00 15.00 23.00 10.00 percent [+]
Personal Income Tax Rate 23.00 23.00 25.00 10.00 percent [+]
Sales Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Social Security Rate 24.50 24.50 27.90 24.50 percent [+]
Social Security Rate For Companies 15.00 15.00 16.70 15.00 percent [+]
Social Security Rate For Employees 9.50 9.50 11.20 9.50 percent [+]


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