Latvia Social Security Rate For Companies

The Social Security Rate For Companies in Latvia stands at 24.09 percent. Social Security Rate For Companies in Latvia averaged 23.99 percent from 2004 until 2018, reaching an all time high of 24.09 percent in 2005 and a record low of 23.59 percent in 2015.

Social Security Rate For Companies in Latvia is expected to be 24.09 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Social Security Rate For Companies is projected to trend around 24.09 percent in 2020, according to our econometric models.

Latvia Social Security Rate For Companies

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Latvia Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	20.00	15.00	29.00	15.00	percent	[+]
Personal Income Tax Rate	31.40	23.00	31.40	23.00	percent	[+]
Sales Tax Rate	21.00	21.00	22.00	18.00	percent	[+]
Social Security Rate	35.09	34.09	35.09	33.09	percent	[+]
Social Security Rate For Companies	24.09	23.59	24.09	23.59	percent	[+]
Social Security Rate For Employees	11.00	10.50	11.00	9.00	percent	[+]

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 For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	24.09	23.59	24.09	23.59	2004 - 2018	percent	Yearly

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Country	Last		Previous	Range
France	45.00	Dec/18	45	45 : 37.9	%
China	37.00	Dec/18	37	37 : 37	%
Italy	30.00	Dec/18	30	45.9 : 30	%
Russia	30.00	Dec/18	30	35.6 : 26	%
Spain	29.90	Dec/18	29.9	33.7 : 29.9	%
Brazil	28.80	Dec/18	28.8	31.8 : 20	%
Argentina	27.00	Dec/18	27	27 : 27	%
Turkey	22.50	Dec/18	22.5	22.5 : 16.5	%
Germany	19.43	Dec/18	19.43	21 : 16.7	%
Netherlands	18.69	Dec/18	18.69	21.29 : 18.08	%
Singapore	17.00	Dec/18	17	17 : 13	%
Japan	14.75	Dec/18	14.75	15.2 : 6.8	%
United Kingdom	13.80	Dec/18	13.8	13.8 : 10.2	%
India	12.00	Dec/18	12	12 : 12	%
Saudi Arabia	12.00	Dec/18	12	12 : 11	%
South Korea	10.40	Dec/18	10.4	10.4 : 8.5	%
Australia	9.50	Dec/18	9.5	9.5 : 9	%
United States	7.65	Dec/18	7.65	10.1 : 7.65	%
Mexico	7.58	Dec/18	7.58	14.7 : 7.58	%
Canada	7.23	Dec/18	7.23	7.9 : 4.3	%
Switzerland	6.23	Dec/18	6.23	11.55 : 6.05	%
Indonesia	5.74	Dec/18	5.74	11.74 : 5.74	%
South Africa	1.00	Dec/18	1	2 : 1	%