The Social Security Rate For Employees in Bulgaria stands at 13.78 percent.

Social Security Rate For Employees in Bulgaria averaged 13.44 percent from 2006 until 2019, reaching an all time high of 16.80 percent in 2008 and a record low of 12.10 percent in 2010. This page provides - Bulgaria Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Social Security Rate For Employees - values, historical data and charts - was last updated on July of 2020.

Social Security Rate For Employees in Bulgaria is expected to reach 13.78 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 For Employees is projected to trend around 13.78 percent in 2021, according to our econometric models.

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Bulgaria Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
13.78 13.78 16.80 12.10 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 For Employees
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.