The Social Security Rate in Sri Lanka stands at 20 percent. source: Ministry of Employment and Labor

Social Security Rate in Sri Lanka averaged 22.38 percent from 2004 until 2019, reaching an all time high of 25 percent in 2015 and a record low of 20 percent in 2016. This page provides the latest reported value for - Sri Lanka Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sri Lanka Social Security Rate - values, historical data and charts - was last updated on December of 2021.

Social Security Rate in Sri Lanka is expected to reach 20.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Social Security Rate is projected to trend around 20.00 percent in 2021, according to our econometric models.

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Sri Lanka Social Security Rate


Related Last Previous Unit Reference
Social Security Rate For Employees 8.00 8.00 percent Dec/21
Social Security Rate For Companies 12.00 12.00 percent Dec/21
Social Security Rate 20.00 20.00 percent Dec/21
Sri Lanka Social Security Rate
In Sri Lanka, 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 Sri Lanka because they help to pay for many social programs including welfare, health care and many other benefits.