Colombia Social Security Rate For Companies

The Social Security Rate For Companies in Colombia stands at 20.50 percent. Social Security Rate For Companies in Colombia averaged 35.72 percent from 2004 until 2018, reaching an all time high of 40.20 percent in 2015 and a record low of 20.50 percent in 2017.

Social Security Rate For Companies in Colombia is expected to be 20.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Social Security Rate For Companies is projected to trend around 20.50 percent in 2020, according to our econometric models.

Colombia Social Security Rate For Companies

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Colombia Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	34.00	34.00	35.00	25.00	percent	[+]
Personal Income Tax Rate	33.00	33.00	38.50	33.00	percent	[+]
Sales Tax Rate	19.00	19.00	19.00	16.00	percent	[+]
Social Security Rate	30.50	30.50	48.20	30.50	percent	[+]
Social Security Rate For Companies	20.50	20.50	40.20	20.50	percent	[+]
Social Security Rate For Employees	10.00	10.00	10.00	7.38	percent	[+]

Colombia Social Security Rate For Companies

In Colombia, 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 Colombia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Colombia Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	20.50	20.50	40.20	20.50	2004 - 2018	percent	Yearly

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Country	Last		Previous	Range
France	45.00	Dec/18	45	45 : 37.9	%
China	37.00	Dec/18	37	37 : 37	%
Italy	30.00	Dec/18	30	45.9 : 30	%
Russia	30.00	Dec/18	30	35.6 : 26	%
Spain	29.90	Dec/18	29.9	33.7 : 29.9	%
Brazil	28.80	Dec/18	28.8	31.8 : 20	%
Argentina	27.00	Dec/18	27	27 : 27	%
Turkey	22.50	Dec/18	22.5	22.5 : 16.5	%
Germany	19.43	Dec/18	19.43	21 : 16.7	%
Netherlands	18.69	Dec/18	18.69	21.29 : 18.08	%
Singapore	17.00	Dec/18	17	17 : 13	%
Japan	14.75	Dec/18	14.75	15.2 : 6.8	%
United Kingdom	13.80	Dec/19	13.8	13.8 : 10.2	%
India	12.00	Dec/18	12	12 : 12	%
Saudi Arabia	12.00	Dec/18	12	12 : 11	%
South Korea	10.40	Dec/18	10.4	10.4 : 8.5	%
Australia	9.50	Dec/18	9.5	9.5 : 9	%
United States	7.65	Dec/18	7.65	10.1 : 7.65	%
Mexico	7.58	Dec/18	7.58	14.7 : 7.58	%
Canada	7.23	Dec/18	7.23	7.9 : 4.3	%
Switzerland	6.23	Dec/18	6.23	11.55 : 6.05	%
Indonesia	5.74	Dec/18	5.74	11.74 : 5.74	%
South Africa	1.00	Dec/18	1	2 : 1	%