The Social Security Rate For Employees in Paraguay stands at 9 percent. source: Social Insurance Institute

Social Security Rate For Employees in Paraguay is expected to reach 9.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Social Security Rate For Employees is projected to trend around 9.00 percent in 2022, according to our econometric models.

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Paraguay Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
9.00 9.00 9.00 9.00 2004 - 2021 percent Yearly

Paraguay Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 10.00 10.00 30.00 10.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 25.50 25.50 25.50 25.50 percent [+]
Social Security Rate For Companies 16.50 16.50 16.50 16.50 percent [+]
Social Security Rate For Employees 9.00 9.00 9.00 9.00 percent [+]


Paraguay Social Security Rate For Employees
In Paraguay, 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 Paraguay because they help to pay for many social programs including welfare, health care and many other benefits.