The Social Security Rate For Employees in Germany stands at 20.13 percent.

Social Security Rate For Employees in Germany averaged 20.40 percent from 1981 until 2020, reaching an all time high of 21.63 percent in 2005 and a record low of 16.65 percent in 1981. This page provides the latest reported value for - Germany Social Security Rate For Employees - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Social Security Rate For Employees - values, historical data and charts - was last updated on July of 2020. source: Bundeszentralamt für Steuern

Social Security Rate For Employees in Germany is expected to reach 20.13 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Social Security Rate For Employees is projected to trend around 20.13 percent in 2021, according to our econometric models.

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Germany Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
20.13 20.08 21.63 16.65 1981 - 2020 percent Yearly

Germany Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 30.00 30.00 56.80 29.40 percent [+]
Personal Income Tax Rate 45.00 45.00 57.00 42.00 percent [+]
Sales Tax Rate 16.00 19.00 19.00 16.00 percent [+]
Social Security Rate 40.01 39.91 42.53 33.35 percent [+]
Social Security Rate For Companies 19.88 19.83 21.00 16.70 percent [+]
Social Security Rate For Employees 20.13 20.08 21.63 16.65 percent [+]


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