The Social Security Rate For Companies in Brazil stands at 28.80 percent. source: Ministério da Previdência Social

Social Security Rate For Companies in Brazil averaged 28.48 percent from 2004 until 2021, reaching an all time high of 31.80 percent in 2014 and a record low of 20 percent in 2016. This page provides - Brazil Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Social Security Rate For Companies - values, historical data and charts - was last updated on August of 2022.

Social Security Rate For Companies in Brazil is expected to reach 28.80 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 For Companies is projected to trend around 28.80 percent in 2022, according to our econometric models.

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Brazil Social Security Rate For Companies



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 For Companies
In Brazil, social security tax rate for companies is composed of four different taxes: Employer’s Contribution (20 percent + 2.5 percent if financial institution); Working Accident Contribution RAT (1 to 3 percent), Length-of-Service Guarantee Fund FGTS (8 percent) and Other Entities Contributions (5.8 percent: INCRA, SESC, SENAI, SEBRAE, education allowance). 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
28.80 28.80 31.80 20.00 2004 - 2021 percent Yearly