The Social Security Rate in Bulgaria stands at 32.80 percent.

Social Security Rate in Bulgaria averaged 33.67 percent from 2006 until 2019, reaching an all time high of 43.60 percent in 2008 and a record low of 29.90 percent in 2011. This page provides - Bulgaria Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Social Security Rate - values, historical data and charts - was last updated on October of 2020.

Social Security Rate in Bulgaria is expected to reach 32.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Social Security Rate is projected to trend around 32.80 percent in 2021, according to our econometric models.

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Bulgaria Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
32.80 32.80 43.60 29.90 2006 - 2019 percent Yearly

Bulgaria Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 10.00 10.00 40.20 10.00 percent [+]
Personal Income Tax Rate 10.00 10.00 50.00 10.00 percent [+]
Sales Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Social Security Rate 32.80 32.80 43.60 29.90 percent [+]
Social Security Rate For Companies 19.02 19.02 27.93 17.00 percent [+]
Social Security Rate For Employees 13.78 13.78 16.80 12.10 percent [+]


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