The Social Security Rate For Employees in Turkey stands at 15 percent. source: Ministry of Labor and Social Security

Social Security Rate For Employees in Turkey averaged 15 percent from 2000 until 2020, reaching an all time high of 16 percent in 2001 and a record low of 14 percent in 2000. This page provides the latest reported value for - Turkey Social Security Rate For Employees - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Social Security Rate For Employees - values, historical data and charts - was last updated on May of 2021.

Social Security Rate For Employees in Turkey is expected to reach 15.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Social Security Rate For Employees is projected to trend around 15.00 percent in 2021, according to our econometric models.

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Turkey Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 16.00 14.00 2000 - 2020 percent Yearly

Turkey Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 22.00 33.00 20.00 percent [+]
Personal Income Tax Rate 35.00 35.00 40.00 35.00 percent [+]
Sales Tax Rate 18.00 18.00 18.00 18.00 percent [+]
Social Security Rate 37.50 37.50 38.50 31.50 percent [+]
Social Security Rate For Companies 22.50 22.50 22.50 16.50 percent [+]
Social Security Rate For Employees 15.00 15.00 16.00 14.00 percent [+]


Turkey Social Security Rate For Employees
In Turkey, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Employees are an important source of income for the government of Turkey because they help to pay for many social programs including welfare, health care and many other benefits.