The Social Security Rate For Employees in Ecuador stands at 9.45 percent. Social Security Rate For Employees in Ecuador averaged 9.81 percent from 2012 until 2018, reaching an all time high of 12.15 percent in 2012 and a record low of 9.35 percent in 2013.

Social Security Rate For Employees in Ecuador is expected to be 9.45 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Social Security Rate For Employees is projected to trend around 9.45 percent in 2020, according to our econometric models.

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Ecuador Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
9.45 9.45 9.45 9.35 2012 - 2019 percent Yearly


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

Ecuador Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 22.00 22.00 36.25 15.00 percent [+]
Personal Income Tax Rate 35.00 35.00 35.00 25.00 percent [+]
Sales Tax Rate 12.00 12.00 14.00 12.00 percent [+]
Social Security Rate 21.60 21.60 23.50 21.50 percent [+]
Social Security Rate For Companies 12.15 12.15 12.15 11.15 percent [+]
Social Security Rate For Employees 9.45 9.45 9.45 9.35 percent [+]