Singapore Social Security Rate  2004-2017 | Data | Chart | Calendar

The Social Security Rate in Singapore stands at 37 percent. Social Security Rate in Singapore averaged 35.04 percent from 2004 until 2016, reaching an all time high of 37 percent in 2015 and a record low of 33 percent in 2005.

Singapore Social Security Rate
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Singapore Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 17.00 17.00 26.00 17.00 percent [+]
Personal Income Tax Rate 22.00 20.00 22.00 20.00 percent [+]
Sales Tax Rate 7.00 7.00 7.00 5.00 percent [+]
Social Security Rate 37.00 37.00 37.00 33.00 percent [+]
Social Security Rate For Companies 17.00 17.00 17.00 13.00 percent [+]
Social Security Rate For Employees 20.00 20.00 20.00 20.00 percent [+]


Singapore Social Security Rate Notes

In Singapore, 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 Singapore because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Singapore Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Social Security Rate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
37.00 37.00 37.00 33.00 2004 - 2016 percent Yearly



social security rate by Country

Last
France 54.83 Dec/16
China 48.00 Dec/16
Netherlands 46.84 Dec/16
Italy 41.57 Dec/16
Brazil 39.80 Dec/16
Germany 39.76 Dec/16
Turkey 37.50 Dec/16
Spain 36.25 Dec/16
Russia 30.00 Dec/15
Japan 29.60 Dec/16
United Kingdom 25.80 Dec/16
India 24.00 Dec/16
United States 21.30 Dec/16
South Korea 16.76 Dec/15
Indonesia 15.74 Dec/16
Canada 14.41 Dec/16
Switzerland 12.50 Dec/16
Australia 11.50 Dec/16
Mexico 9.23 Dec/15