Mongolia Social Security Rate

The Social Security Rate in Mongolia stands at 26 percent. Social Security Rate in Mongolia averaged 23.63 percent from 2012 until 2019, reaching an all time high of 26 percent in 2019 and a record low of 23 percent in 2013.

Social Security Rate in Mongolia is expected to be 23.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Social Security Rate is projected to trend around 23.00 percent in 2020, according to our econometric models.

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Mongolia Taxes	Last	Previous	Highest	Lowest	Unit
Personal Income Tax Rate	10.00	10.00	10.00	10.00	percent	[+]
Corporate Tax Rate	25.00	25.00	25.00	25.00	percent	[+]
Sales Tax Rate	10.00	10.00	10.00	10.00	percent	[+]
Social Security Rate	26.00	25.00	26.00	23.00	percent	[+]
Social Security Rate For Companies	14.50	14.00	14.50	13.00	percent	[+]
Social Security Rate For Employees	11.50	11.00	11.50	10.00	percent	[+]

Mongolia Social Security Rate

In Mongolia, 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 Mongolia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Mongolia Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Social Security Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	26.00	25.00	26.00	23.00	2012 - 2019	percent	Yearly

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Country	Last		Previous	Range
France	59.20	Dec/18	59.2	59.2 : 51.22	%
China	48.00	Dec/18	48	48 : 48	%
Netherlands	47.45	Dec/19	46.65	53.05 : 46.12	%
Argentina	43.70	Dec/19	43.7	44 : 40	%
Brazil	39.80	Dec/19	39.8	42.8 : 31	%
Italy	39.49	Dec/19	39.49	45.9 : 39.49	%
Germany	39.06	Dec/19	40.21	42.53 : 33.35	%
Turkey	37.50	Dec/19	37.5	38.5 : 31.5	%
Singapore	37.00	Dec/19	37	37 : 33	%
Spain	36.25	Dec/19	36.25	39.44 : 36.2	%
Russia	30.00	Dec/19	30	35.6 : 26	%
Japan	29.20	Dec/18	29.2	29.6 : 18.39	%
United Kingdom	25.80	Dec/19	25.8	25.8 : 9	%
India	24.00	Dec/18	24	24 : 24	%
Saudi Arabia	22.00	Dec/19	22	22 : 20	%
South Korea	18.81	Dec/18	18.81	18.81 : 15.3	%
United States	15.30	Dec/18	15.3	16.75 : 15.3	%
Canada	14.09	Dec/19	13.81	14.95 : 7.9	%
Switzerland	12.00	Dec/19	12	18.1 : 12	%
Australia	11.50	Dec/19	11.5	11.5 : 10.5	%
Indonesia	9.74	Dec/18	9.74	15.74 : 9.74	%
Mexico	9.23	Dec/18	9.23	17.63 : 0	%
South Africa	2.00	Dec/19	2	3 : 2	%