Latvia Social Security Rate  2004-2018 | Data | Chart | Calendar

The Social Security Rate in Latvia stands at 34.09 percent. Social Security Rate in Latvia averaged 33.57 percent from 2004 until 2018, reaching an all time high of 34.18 percent in 2012 and a record low of 33.09 percent in 2005.

Latvia Social Security Rate
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Latvia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 15.00 15.00 29.00 15.00 percent [+]
Personal Income Tax Rate 20.00 20.00 26.00 20.00 percent [+]
Sales Tax Rate 21.00 21.00 22.00 18.00 percent [+]
Social Security Rate 34.09 34.09 34.18 33.09 percent [+]
Social Security Rate For Companies 23.59 23.59 24.09 23.59 percent [+]
Social Security Rate For Employees 10.50 10.50 10.59 9.00 percent [+]

Latvia Social Security Rate

In Latvia, 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 Latvia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Latvia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Social Security Rate - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
34.09 34.09 34.18 33.09 2004 - 2018 percent Yearly

social security rate by Country
Country Last
France 59.20 Dec/18
China 48.00 Dec/18
Russia 47.50 Dec/18
Netherlands 46.34 Dec/18
Italy 42.57 Dec/18
Germany 40.21 Dec/18
Brazil 39.80 Dec/18
Turkey 37.50 Dec/18
Spain 36.25 Dec/18
Japan 29.20 Dec/18
United Kingdom 25.80 Dec/18
India 24.00 Dec/18
South Korea 18.81 Dec/18
Canada 13.81 Dec/18
Switzerland 12.46 Dec/18
United States 12.40 Dec/18
Australia 11.50 Dec/18
Indonesia 9.74 Dec/18
Mexico 9.23 Dec/18