The Social Security Rate in Congo stands at 8.50 percent.

Social Security Rate in Congo averaged 11.30 percent from 2010 until 2019, reaching an all time high of 12.50 percent in 2011 and a record low of 8.50 percent in 2017. This page provides - Congo Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Congo Social Security Rate - values, historical data and charts - was last updated on October of 2020.

Social Security Rate in Congo is expected to reach 8.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Congo Social Security Rate is projected to trend around 8.50 percent in 2021, according to our econometric models.

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Congo Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.50 8.50 12.50 8.50 2010 - 2019 percent Yearly

Congo Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 35.00 35.00 40.00 35.00 percent [+]
Personal Income Tax Rate 30.00 30.00 30.00 30.00 percent [+]
Sales Tax Rate 16.00 16.00 16.00 13.00 percent [+]
Social Security Rate 8.50 8.50 12.50 8.50 percent [+]
Social Security Rate For Companies 5.00 5.00 9.00 5.00 percent [+]
Social Security Rate For Employees 3.50 3.50 3.50 3.50 percent [+]

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