The Social Security Rate in Gabon stands at 18.50 percent.

Social Security Rate in Gabon averaged 21.32 percent from 2004 until 2019, reaching an all time high of 22.60 percent in 2005 and a record low of 18.50 percent in 2015. This page provides the latest reported value for - Gabon Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Gabon Social Security Rate - values, historical data and charts - was last updated on October of 2020.

Social Security Rate in Gabon is expected to reach 18.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gabon Social Security Rate is projected to trend around 18.50 percent in 2021, according to our econometric models.

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Gabon Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
18.50 18.50 22.60 18.50 2004 - 2019 percent Yearly

Gabon Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 30.00 30.00 35.00 30.00 percent [+]
Personal Income Tax Rate 35.00 35.00 50.00 35.00 percent [+]
Sales Tax Rate 18.00 18.00 18.00 18.00 percent [+]
Social Security Rate 18.50 18.50 22.60 18.50 percent [+]
Social Security Rate For Companies 16.00 16.00 20.10 16.00 percent [+]
Social Security Rate For Employees 2.50 2.50 2.50 2.50 percent [+]

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