The Social Security Rate For Companies in Libya stands at 11.25 percent. source: Social Security Fund

Social Security Rate For Companies in Libya is expected to reach 11.25 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Social Security Rate For Companies is projected to trend around 11.25 percent in 2022, according to our econometric models.

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Libya Social Security Rate For Companies



Related Last Previous Unit Reference
Social Security Rate For Employees 3.75 3.75 percent Dec 2021
Social Security Rate For Companies 11.25 11.25 percent Dec 2021
Social Security Rate 15.00 15.00 percent Dec 2021

Libya Social Security Rate For Companies
In Libya, 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 Libya because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
11.25 11.25 11.25 11.25 2009 - 2021 percent Yearly