The Social Security Rate For Employees in Finland stands at 9.79 percent.

Social Security Rate For Employees in Finland averaged 7.45 percent from 2000 until 2019, reaching an all time high of 9.79 percent in 2019 and a record low of 6.30 percent in 2002. This page provides - Finland Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Social Security Rate For Employees in Finland is expected to be 9.79 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 For Employees is projected to trend around 9.79 percent in 2020, according to our econometric models.

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Finland Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
9.79 9.78 9.79 6.30 2000 - 2019 percent Yearly

Finland Social Security Rate For Employees
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 For Employees 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 [+]