Mongolia Social Security Rate

The Social Security Rate in Mongolia stands at 23 percent.

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	23.00	23.00	23.00	23.00	percent	[+]
Social Security Rate For Companies	13.00	13.00	13.00	13.00	percent	[+]
Social Security Rate For Employees	10.00	10.00	10.00	10.00	percent	[+]

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 November of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	23.00	23.00	23.00	23.00	2012 - 2018	percent	Yearly

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Country	Last		Previous	Highest	Lowest
France	59.20	Dec/18	59.2	59.2	51.22	%	Yearly
China	48.00	Dec/18	48	48	48	%	Yearly
Netherlands	46.34	Dec/18	46.34	53.05	46.23	%	Yearly
Argentina	44.00	Dec/18	44	44	40	%	Yearly
Germany	40.21	Dec/18	40.21	42.53	33.35	%	Yearly
Brazil	39.80	Dec/18	39.8	42.8	31	%	Yearly
Italy	39.49	Dec/18	40.49	45.9	39.49	%	Yearly
Turkey	37.50	Dec/18	37.5	38.5	31.5	%	Yearly
Singapore	37.00	Dec/18	37	37	33	%	Yearly
Spain	36.25	Dec/18	36.25	39.44	36.2	%	Yearly
Russia	30.00	Dec/18	30	35.6	26	%	Yearly
Japan	29.20	Dec/18	29.2	29.6	18.39	%	Yearly
United Kingdom	25.80	Dec/18	25.8	25.8	9	%	Yearly
India	24.00	Dec/18	24	24	24	%	Yearly
Saudi Arabia	22.00	Dec/18	22	22	20	%	Yearly
South Korea	18.81	Dec/18	18.81	18.81	15.3	%	Yearly
United States	15.30	Dec/18	15.3	16.75	15.3	%	Yearly
Canada	13.81	Dec/18	13.81	14.95	7.9	%	Yearly
Switzerland	12.46	Dec/18	12.46	18.1	12.1	%	Yearly
Australia	11.50	Dec/18	11.5	11.5	10.5	%	Yearly
Indonesia	9.74	Dec/18	9.74	15.74	9.74	%	Yearly
Mexico	9.23	Dec/18	9.23	17.63	0	%	Yearly
South Africa	2.00	Dec/18	2	3	2	%	Yearly