The Social Security Rate For Employees in Brazil stands at 14 percent. source: Ministério da Previdência Social

Social Security Rate For Employees in Brazil averaged 11.17 percent from 2004 until 2021, reaching an all time high of 14 percent in 2021 and a record low of 11 percent in 2005. This page provides - Brazil Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Social Security Rate For Employees - values, historical data and charts - was last updated on September of 2021.

Social Security Rate For Employees in Brazil is expected to reach 11.00 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 Employees is projected to trend around 11.00 percent in 2022, according to our econometric models.

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Brazil Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
14.00 11.00 14.00 11.00 2004 - 2021 percent Yearly

Brazil Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 34.00 34.00 37.00 25.00 percent [+]
Personal Income Tax Rate 27.50 27.50 27.50 27.50 percent [+]
Sales Tax Rate 17.00 17.00 17.00 17.00 percent [+]
Social Security Rate 45.70 39.80 45.70 31.00 percent [+]
Social Security Rate For Companies 31.70 28.80 31.80 20.00 percent [+]
Social Security Rate For Employees 14.00 11.00 14.00 11.00 percent [+]


Brazil Social Security Rate For Employees
In Brazil, employees’ contribution rate to the social security system varies from 8 percent to 11 percent on a progressive-scale base salary. Companies are obliged to collect INSS (Imposto Nacional Segurança Social) from the employees' payroll. The benchmark we use refers to the Top Social Security Rate.