The Social Security Rate in Sri Lanka stands at 20 percent. Social Security Rate in Sri Lanka averaged 22.38 percent from 2004 until 2019, reaching an all time high of 25 percent in 2015 and a record low of 20 percent in 2016. source: Ministry of Employment and Labor

Social Security Rate in Sri Lanka is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Social Security Rate is projected to trend around 20.00 percent in 2020, according to our econometric models.

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Sri Lanka Social Security Rate
Sri Lanka Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 28.00 28.00 42.00 15.00 percent [+]
Personal Income Tax Rate 16.00 16.00 35.00 15.00 percent [+]
Sales Tax Rate 8.00 15.00 15.00 8.00 percent [+]
Social Security Rate 20.00 20.00 25.00 20.00 percent [+]
Social Security Rate For Companies 12.00 12.00 17.00 12.00 percent [+]
Social Security Rate For Employees 8.00 8.00 8.00 8.00 percent [+]


Sri Lanka Social Security Rate

In Sri Lanka, 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 Sri Lanka because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Sri Lanka Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sri Lanka Social Security Rate - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 25.00 20.00 2004 - 2019 percent Yearly




Country Last Previous
France 59.20 Dec/18 59.2
China 48.00 Dec/18 48
Netherlands 47.45 Dec/19 46.65
Argentina 43.70 Dec/19 43.7
Brazil 39.80 Dec/19 39.8
Italy 39.49 Dec/19 39.49
Germany 39.06 Dec/19 40.21
Turkey 37.50 Dec/19 37.5
Singapore 37.00 Dec/19 37
Spain 36.25 Dec/19 36.25
Russia 30.00 Dec/19 30
Japan 29.20 Dec/18 29.2
United Kingdom 25.80 Dec/19 25.8
India 24.00 Dec/18 24
Saudi Arabia 22.00 Dec/19 22
South Korea 18.81 Dec/18 18.81
United States 15.30 Dec/18 15.3
Canada 14.09 Dec/19 13.81
Switzerland 12.00 Dec/19 12
Australia 11.50 Dec/19 11.5
Indonesia 9.74 Dec/18 9.74
Mexico 9.23 Dec/18 9.23
South Africa 2.00 Dec/19 2


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