The Social Security Rate For Employees in Zambia stands at 5 percent. source: National Pension Scheme Authority

Social Security Rate For Employees in Zambia is expected to reach 5.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia Social Security Rate For Employees is projected to trend around 5.00 percent in 2021, according to our econometric models.

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Zambia Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 5.00 5.00 2004 - 2021 percent Yearly

Zambia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 35.00 35.00 35.00 35.00 percent [+]
Personal Income Tax Rate 37.50 37.50 37.50 35.00 percent [+]
Sales Tax Rate 16.00 16.00 17.50 16.00 percent [+]
Social Security Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate For Companies 5.00 5.00 5.00 5.00 percent [+]
Social Security Rate For Employees 5.00 5.00 5.00 5.00 percent [+]


Zambia Social Security Rate For Employees
In Zambia, 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 Zambia because they help to pay for many social programs including welfare, health care and many other benefits.