The Social Security Rate For Employees in Bahrain stands at 7 percent.

Social Security Rate For Employees in Bahrain averaged 6.40 percent from 2006 until 2020, reaching an all time high of 7 percent in 2014 and a record low of 5 percent in 2006. This page provides - Bahrain Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahrain Social Security Rate For Employees - values, historical data and charts - was last updated on June of 2020.

Social Security Rate For Employees in Bahrain is expected to reach 7.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahrain Social Security Rate For Employees is projected to trend around 7.00 percent in 2021, according to our econometric models.

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Bahrain Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 7.00 5.00 2006 - 2020 percent Yearly

Bahrain Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Personal Income Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Social Security Rate 19.00 19.00 19.00 15.00 percent [+]
Social Security Rate For Companies 12.00 12.00 13.00 10.00 percent [+]
Social Security Rate For Employees 7.00 7.00 7.00 5.00 percent [+]
Sales Tax Rate 5.00 5.00 5.00 5.00 percent [+]


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