The Social Security Rate For Companies in Jordan stands at 14.25 percent.

Social Security Rate For Companies in Jordan averaged 12.31 percent from 2004 until 2020, reaching an all time high of 14.25 percent in 2017 and a record low of 11 percent in 2005. This page provides the latest reported value for - Jordan Social Security Rate For Companies - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Jordan Social Security Rate For Companies - values, historical data and charts - was last updated on May of 2020.

Social Security Rate For Companies in Jordan is expected to reach 14.25 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jordan Social Security Rate For Companies is projected to trend around 14.25 percent in 2021, according to our econometric models.

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Jordan Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
14.25 14.25 14.25 11.00 2004 - 2020 percent Yearly

Jordan Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 25.00 14.00 percent [+]
Personal Income Tax Rate 30.00 20.00 30.00 14.00 percent [+]
Sales Tax Rate 16.00 16.00 16.00 16.00 percent [+]
Social Security Rate 21.75 21.75 21.75 16.50 percent [+]
Social Security Rate For Companies 14.25 14.25 14.25 11.00 percent [+]
Social Security Rate For Employees 7.50 7.50 7.50 5.50 percent [+]


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