The Social Security Rate in Brazil stands at 39.80 percent.

Social Security Rate in Brazil averaged 39.41 percent from 2004 until 2018, reaching an all time high of 42.80 percent in 2014 and a record low of 31 percent in 2016. This page provides - Brazil Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Social Security Rate - values, historical data and charts - was last updated on August of 2020. source: Ministério da Previdência Social

Social Security Rate in Brazil is expected to reach 39.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Social Security Rate is projected to trend around 39.80 percent in 2021, according to our econometric models.

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Brazil Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
39.80 39.80 42.80 31.00 2004 - 2019 percent Yearly

Brazil Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 34.00 34.00 37.00 25.00 percent [+]
Personal Income Tax Rate 27.50 27.50 27.50 27.50 percent [+]
Sales Tax Rate 17.00 17.00 17.00 17.00 percent [+]
Social Security Rate 39.80 39.80 42.80 31.00 percent [+]
Social Security Rate For Companies 28.80 28.80 31.80 20.00 percent [+]
Social Security Rate For Employees 11.00 11.00 11.00 11.00 percent [+]


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