The Social Security Rate For Employees in Laos stands at 5.50 percent. source: Ministry of Labor and Social Welfare

Social Security Rate For Employees in Laos averaged 5.19 percent from 2009 until 2021, reaching an all time high of 5.50 percent in 2016 and a record low of 4.50 percent in 2015. This page provides - Laos Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Social Security Rate For Employees - values, historical data and charts - was last updated on December of 2021.

Social Security Rate For Employees in Laos is expected to reach 5.50 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Social Security Rate For Employees is projected to trend around 5.50 percent in 2022, according to our econometric models.

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Laos Social Security Rate For Employees


Related Last Previous Unit Reference
Social Security Rate For Employees 5.50 5.50 percent Dec/21
Social Security Rate For Companies 6.00 6.00 percent Dec/21
Social Security Rate 11.50 11.50 percent Dec/21
Laos Social Security Rate For Employees
In Laos, 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 Laos because they help to pay for many social programs including welfare, health care and many other benefits.