The Social Security Rate For Companies in Barbados stands at 12.75 percent. Social Security Rate For Companies in Barbados averaged 11.39 percent from 2009 until 2019, reaching an all time high of 12.75 percent in 2019 and a record low of 11.25 percent in 2010.

Social Security Rate For Companies in Barbados is expected to be 11.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Social Security Rate For Companies is projected to trend around 11.25 percent in 2020, according to our econometric models.

Barbados Social Security Rate For Companies
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Barbados Taxes Last Previous Highest Lowest Unit
Personal Income Tax Rate 33.50 33.50 35.00 33.50 percent [+]
Corporate Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Sales Tax Rate 17.50 17.50 17.50 15.00 percent [+]
Social Security Rate 23.85 21.35 23.85 21.35 percent [+]
Social Security Rate For Companies 12.75 11.25 12.75 11.25 percent [+]
Social Security Rate For Employees 11.10 10.10 11.10 10.10 percent [+]

Barbados Social Security Rate For Companies

In Barbados, 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 Barbados because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Barbados Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news. Barbados Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.75 11.25 12.75 11.25 2009 - 2019 percent Yearly

Country Last Previous
France 45.00 Dec/18
China 37.00 Dec/18
Italy 30.00 Dec/19
Russia 30.00 Dec/19
Spain 29.90 Dec/19
Brazil 28.80 Dec/19
Argentina 26.70 Dec/19
Turkey 22.50 Dec/19
Netherlands 19.80 Dec/19
Germany 19.44 Dec/19
Singapore 17.00 Dec/19
Japan 14.75 Dec/18
United Kingdom 13.80 Dec/19
India 12.00 Dec/18
Saudi Arabia 12.00 Dec/19
South Korea 10.40 Dec/18
Australia 9.50 Dec/19
United States 7.65 Dec/18
Mexico 7.58 Dec/18
Canada 7.37 Dec/19
Switzerland 6.00 Dec/19
Indonesia 5.74 Dec/18
South Africa 1.00 Dec/19