The Social Security Rate in Costa Rica stands at 37 percent. source: Ministerio de Trabajo y Seguridad Social de Costa Rica

Social Security Rate in Costa Rica averaged 34.97 percent from 2004 until 2021, reaching an all time high of 37 percent in 2020 and a record low of 23.75 percent in 2007. This page provides - Costa Rica Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Social Security Rate - values, historical data and charts - was last updated on October of 2021.

Social Security Rate in Costa Rica is expected to reach 36.67 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Social Security Rate is projected to trend around 36.67 percent in 2022, according to our econometric models.

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Costa Rica Social Security Rate

Costa Rica Last Unit Reference Previous Highest Lowest
Social Security Rate 37.00 percent Dec/21 37.00 37.00 23.75
Social Security Rate For Companies 26.50 percent Dec/21 26.50 26.50 14.50
Social Security Rate For Employees 10.50 percent Dec/21 10.50 10.50 9.00

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