The Social Security Rate in Greece stands at 40.56 percent.

Social Security Rate in Greece averaged 42.13 percent from 1981 until 2020, reaching an all time high of 44.10 percent in 2003 and a record low of 29.05 percent in 1981. This page provides the latest reported value for - Greece Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Social Security Rate - values, historical data and charts - was last updated on October of 2020.

Social Security Rate in Greece is expected to reach 40.06 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Social Security Rate is projected to trend around 40.06 percent in 2021 and 40.56 percent in 2022, according to our econometric models.

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Greece Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
40.56 41.06 44.10 29.05 1981 - 2020 percent Yearly

Greece Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 24.00 28.00 49.00 20.00 percent [+]
Personal Income Tax Rate 44.00 45.00 45.00 40.00 percent [+]
Sales Tax Rate 24.00 24.00 24.00 18.00 percent [+]
Social Security Rate 40.56 41.06 44.10 29.05 percent [+]
Social Security Rate For Companies 24.81 25.06 28.10 18.80 percent [+]
Social Security Rate For Employees 15.75 16.00 16.50 10.25 percent [+]

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