The Social Security Rate in Portugal stands at 34.75 percent. Social Security Rate in Portugal averaged 33.71 percent from 1981 until 2019, reaching an all time high of 35.50 percent in 1990 and a record low of 10.50 percent in 1981.

Social Security Rate in Portugal is expected to be 34.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Social Security Rate is projected to trend around 34.75 percent in 2020, according to our econometric models.

Portugal Social Security Rate
Forecast Data Chart
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Portugal Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 21.00 21.00 55.10 21.00 percent [+]
Personal Income Tax Rate 48.00 48.00 48.00 40.00 percent [+]
Sales Tax Rate 23.00 23.00 23.00 17.00 percent [+]
Social Security Rate 34.75 34.75 35.50 10.50 percent [+]
Social Security Rate For Companies 23.75 23.75 24.50 23.75 percent [+]
Social Security Rate For Employees 11.00 11.00 11.00 10.50 percent [+]

Portugal Social Security Rate

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

Actual Previous Highest Lowest Dates Unit Frequency
34.75 34.75 35.50 10.50 1981 - 2019 percent Yearly

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France 59.20 Dec/18
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