The Social Security Rate in Brazil stands at 45.70 percent. source: Ministério da Previdência Social

Social Security Rate in Brazil averaged 39.81 percent from 2004 until 2021, reaching an all time high of 45.70 percent in 2021 and a record low of 31 percent in 2016. This page provides - Brazil Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Social Security Rate - values, historical data and charts - was last updated on August of 2022.

Social Security Rate in Brazil is expected to reach 39.80 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Social Security Rate is projected to trend around 39.80 percent in 2022, according to our econometric models.

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Brazil Social Security Rate

Related Last Previous Unit Reference
Social Security Rate 39.80 39.80 percent Dec 2021
Social Security Rate For Companies 28.80 28.80 percent Dec 2021
Social Security Rate For Employees 11.00 11.00 percent Dec 2021

Brazil Social Security Rate
In Brazil, 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 Brazil because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
39.80 39.80 42.80 31.00 2004 - 2021 percent Yearly