The Social Security Rate For Employees in Venezuela stands at 6 percent. Social Security Rate For Employees in Venezuela averaged 5.91 percent from 2004 until 2026, reaching an all time high of 6.00 percent in 2005 and a record low of 5.50 percent in 2017. source: Instituto Venezolano de los Seguros Sociales

Social Security Rate For Employees in Venezuela is expected to reach 6.00 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Social Security Rate For Employees is projected to trend around 6.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 34.00 34.00 percent Dec 2026
Personal Income Tax Rate 34.00 34.00 percent Dec 2026
Sales Tax Rate 16.00 16.00 percent Dec 2026
Social Security Rate 23.00 23.00 percent Dec 2026
Social Security Rate For Companies 17.00 17.00 percent Dec 2026
Social Security Rate For Employees 6.00 6.00 percent Dec 2026


Venezuela Social Security Rate For Employees
In Venezuela, 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 Venezuela because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
6.00 6.00 6.00 5.50 2004 - 2026 percent Yearly