The Social Security Rate For Companies in Saudi Arabia stands at 12 percent. Social Security Rate For Companies in Saudi Arabia averaged 11.23 percent from 2006 until 2018, reaching an all time high of 12 percent in 2016 and a record low of 11 percent in 2007.

Social Security Rate For Companies in Saudi Arabia is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Social Security Rate For Companies is projected to trend around 12.00 percent in 2020, according to our econometric models.

Saudi Arabia Social Security Rate For Companies
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Saudi Arabia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 45.00 20.00 percent [+]
Personal Income Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Social Security Rate 22.00 22.00 22.00 20.00 percent [+]
Social Security Rate For Companies 12.00 12.00 12.00 11.00 percent [+]
Social Security Rate For Employees 10.00 10.00 10.00 9.00 percent [+]
Sales Tax Rate 5.00 5.00 5.00 5.00 percent [+]


Saudi Arabia Social Security Rate For Companies

In Saudi Arabia, 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 Saudi Arabia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Saudi Arabia Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 12.00 11.00 2006 - 2018 percent Yearly




Country Last Previous
France 45.00 Dec/18
China 37.00 Dec/18
Italy 30.00 Dec/18
Russia 30.00 Dec/18
Spain 29.90 Dec/18
Brazil 28.80 Dec/18
Argentina 27.00 Dec/18
Turkey 22.50 Dec/18
Germany 19.43 Dec/18
Netherlands 18.69 Dec/18
Singapore 17.00 Dec/18
Japan 14.75 Dec/18
United Kingdom 13.80 Dec/18
India 12.00 Dec/18
Saudi Arabia 12.00 Dec/18
South Korea 10.40 Dec/18
Australia 9.50 Dec/18
United States 7.65 Dec/18
Mexico 7.58 Dec/18
Canada 7.23 Dec/18
Switzerland 6.23 Dec/18
Indonesia 5.74 Dec/18
South Africa 1.00 Dec/18


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