The Social Security Rate in Cameroon stands at 20.40 percent. Cameroon 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 Cameroon averaged 19.35 percent from 2004 until 2019, reaching an all time high of 20.40 percent in 2016 and a record low of 19 percent in 2005. This page provides - Cameroon Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Social Security Rate in Cameroon is expected to reach 20.40 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cameroon Social Security Rate is projected to trend around 20.40 percent in 2021, according to our econometric models.


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Cameroon Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.40 20.40 20.40 19.00 2004 - 2019 percent Yearly


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