Social Security Rate For Employees in Israel stands at 12 percent in 2020. source: Ministry of Social Affairs and Social Services

Social Security Rate For Employees in Israel averaged 11.44 percent from 2000 until 2020, reaching an all time high of 12 percent in 2006 and a record low of 9.70 percent in 2001. This page provides - Israel Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Social Security Rate For Employees - values, historical data and charts - was last updated on January of 2022.

Social Security Rate For Employees in Israel is expected to reach 12.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Social Security Rate For Employees is projected to trend around 12.00 percent in 2022, according to our econometric models.

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Israel Social Security Rate For Employees


Related Last Previous Unit Reference
Social Security Rate 19.60 19.60 percent Dec/21
Social Security Rate For Companies 7.60 7.60 percent Dec/21
Social Security Rate For Employees 12.00 12.00 percent Dec/21
Israel Social Security Rate For Employees
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 For Employees 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.