The Social Security Rate in Belgium stands at 45.57 percent. Belgium Social Security Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Social Security Rate in Belgium averaged 46.89 percent from 1981 until 2018, reaching an all time high of 47.87 percent in 2004 and a record low of 34.43 percent in 1981. This page provides - Belgium Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Social Security Rate in Belgium is expected to reach 45.57 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Social Security Rate is projected to trend around 45.57 percent in 2021, according to our econometric models.

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Belgium Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
45.57 45.57 47.87 34.43 1981 - 2018 percent Yearly

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