The Social Security Rate in Finland stands at 32.53 percent.

Social Security Rate in Finland averaged 31.34 percent from 2000 until 2018, reaching an all time high of 33.94 percent in 2016 and a record low of 29.30 percent in 2009. This page provides - Finland Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Social Security Rate in Finland is expected to be 29.96 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Social Security Rate is projected to trend around 29.96 percent in 2020, according to our econometric models.


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Finland Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
29.96 31.86 33.94 29.30 2000 - 2019 percent Yearly

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

Finland Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 61.80 20.00 percent [+]
Personal Income Tax Rate 51.60 51.60 62.20 49.00 percent [+]
Sales Tax Rate 24.00 24.00 24.00 22.00 percent [+]
Social Security Rate 29.96 31.86 33.94 29.30 percent [+]
Social Security Rate For Companies 20.17 22.08 26.47 20.17 percent [+]
Social Security Rate For Employees 9.79 9.78 9.79 6.30 percent [+]