The Social Security Rate in Bahamas stands at 11.30 percent. Social Security Rate in Bahamas averaged 9.63 percent from 2004 until 2026, reaching an all time high of 11.30 percent in 2025 and a record low of 8.80 percent in 2005. source: Ministry of Labour and Immigration



Related Last Previous Unit Reference
Corporate Tax Rate 0.00 0.00 percent Dec 2025
Personal Income Tax Rate 0.00 0.00 percent Dec 2026
Sales Tax Rate 10.00 10.00 percent Dec 2026
Social Security Rate 11.30 11.30 percent Dec 2026
Social Security Rate For Companies 6.65 6.65 percent Dec 2026
Social Security Rate For Employees 4.65 4.65 percent Dec 2026
Withholding Tax Rate 0.00 0.00 percent Dec 2025


Bahamas Social Security Rate
In Bahamas, 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 Bahamas because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
11.30 11.30 11.30 8.80 2004 - 2026 percent Yearly