The Social Security Rate in El Salvador stands at 10 percent.

Social Security Rate in El Salvador averaged 10.41 percent from 2009 until 2019, reaching an all time high of 10.50 percent in 2010 and a record low of 10 percent in 2018. This page provides - El Salvador Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. El Salvador Social Security Rate - values, historical data and charts - was last updated on May of 2020.

Social Security Rate in El Salvador is expected to reach 10.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Social Security Rate is projected to trend around 10.00 percent in 2021, according to our econometric models.

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El Salvador Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 10.50 10.00 2009 - 2020 percent Yearly

El Salvador Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 30.00 30.00 30.00 30.00 percent [+]
Personal Income Tax Rate 30.00 30.00 30.00 30.00 percent [+]
Sales Tax Rate 13.00 13.00 13.00 13.00 percent [+]
Social Security Rate 10.00 10.00 10.50 10.00 percent [+]
Social Security Rate For Companies 7.00 7.00 7.50 7.00 percent [+]
Social Security Rate For Employees 3.00 3.00 3.00 3.00 percent [+]


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