The Kiwisaver Rate For Employees in New Zealand stands at 8 percent. source: New Zealand Inland Revenue Department

Social Security Rate For Employees in New Zealand averaged 6.59 percent from 2004 until 2020, reaching an all time high of 8 percent in 2007 and a record low of 0 percent in 2005. This page provides - New Zealand Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand KiwiSaver Rate For Employees - values, historical data and charts - was last updated on June of 2022.

Social Security Rate For Employees in New Zealand is expected to reach 8.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand KiwiSaver Rate For Employees is projected to trend around 8.00 percent in 2022, according to our econometric models.

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New Zealand KiwiSaver Rate For Employees



Related Last Previous Unit Reference
Corporate Tax Rate 28.00 28.00 percent Dec 2021
Personal Income Tax Rate 39.00 33.00 percent Dec 2021
Sales Tax Rate 15.00 15.00 percent Dec 2021
Social Security Rate 11.00 11.00 percent Dec 2021
Social Security Rate For Companies 3.00 3.00 percent Dec 2021
Social Security Rate For Employees 8.00 8.00 percent Dec 2021

New Zealand KiwiSaver Rate For Employees
In New Zealand there is no compulsory social security system; instead there is a voluntary savings scheme set up by the government named KiwiSaver. Employees can choose to contribute 3%, 4% or 8% of their gross salary. Trading Economics takes into account the highest percentage of contribution.
Actual Previous Highest Lowest Dates Unit Frequency
8.00 8.00 8.00 0.00 2004 - 2021 percent Yearly