The Social Security Rate For Employees in Austria stands at 18.12 percent. source: Federal Ministry of Finance

Social Security Rate For Employees in Austria averaged 18 percent from 1990 until 2020, reaching an all time high of 18.12 percent in 2016 and a record low of 16.56 percent in 1990. This page provides - Austria Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Social Security Rate For Employees - values, historical data and charts - was last updated on September of 2021.

Social Security Rate For Employees in Austria is expected to reach 18.12 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Social Security Rate For Employees is projected to trend around 18.12 percent in 2022, according to our econometric models.

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Austria Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
18.12 18.12 18.12 16.56 1990 - 2021 percent Yearly

Austria Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 55.00 25.00 percent [+]
Personal Income Tax Rate 55.00 55.00 55.00 50.00 percent [+]
Sales Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Social Security Rate 39.50 39.50 41.60 39.16 percent [+]
Social Security Rate For Companies 21.38 21.38 23.54 21.38 percent [+]
Social Security Rate For Employees 18.12 18.12 18.12 16.56 percent [+]


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