The Social Security Rate in Bolivia stands at 38.92 percent.

Social Security Rate in Bolivia averaged 33.23 percent from 2004 until 2019, reaching an all time high of 38.92 percent in 2011 and a record low of 25.92 percent in 2005. This page provides - Bolivia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Social Security Rate - values, historical data and charts - was last updated on September of 2020.

Social Security Rate in Bolivia is expected to reach 38.92 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Social Security Rate is projected to trend around 38.92 percent in 2021, according to our econometric models.

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Bolivia Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
38.92 38.92 38.92 25.92 2004 - 2019 percent Yearly

Bolivia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Sales Tax Rate 13.00 13.00 13.00 13.00 percent [+]
Social Security Rate 38.92 38.92 38.92 25.92 percent [+]
Social Security Rate For Companies 16.71 16.71 16.71 13.71 percent [+]
Social Security Rate For Employees 22.21 22.21 22.21 12.21 percent [+]
Personal Income Tax Rate 13.00 13.00 13.00 13.00 percent [+]


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