The Social Security Rate in Brazil stands at 39.80 percent. Brazil 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 Brazil averaged 39.41 percent from 2004 until 2018, reaching an all time high of 42.80 percent in 2014 and a record low of 31 percent in 2016. This page provides - Brazil Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Ministério da Previdência Social

Social Security Rate in Brazil is expected to reach 39.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Social Security Rate is projected to trend around 39.80 percent in 2021, according to our econometric models.


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Brazil Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
39.80 39.80 42.80 31.00 2004 - 2019 percent Yearly


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