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.

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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 November of 2018.

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