The Social Security Rate in Israel stands at 19.60 percent. source: Ministry of Social Affairs and Social Services

Social Security Rate in Israel averaged 15.02 percent from 2000 until 2019, reaching an all time high of 20 percent in 2018 and a record low of 9.70 percent in 2001. This page provides - Israel Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Social Security Rate - values, historical data and charts - was last updated on June of 2022.

Social Security Rate in Israel is expected to reach 19.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Social Security Rate is projected to trend around 19.60 percent in 2021, according to our econometric models.

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Israel Social Security Rate

Related Last Previous Unit Reference
Social Security Rate 19.60 19.60 percent Dec 2021
Social Security Rate For Companies 7.60 7.60 percent Dec 2021
Social Security Rate For Employees 12.00 12.00 percent Dec 2021

Israel Social Security Rate
In Israel, 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 Israel because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
19.60 19.60 20.00 9.70 2000 - 2021 percent Yearly