The Social Security Rate in Laos stands at 11.50 percent.

Social Security Rate in Laos averaged 10.23 percent from 2009 until 2019, reaching an all time high of 11.50 percent in 2016 and a record low of 9.50 percent in 2010. This page provides - Laos Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Social Security Rate - values, historical data and charts - was last updated on August of 2020.

Social Security Rate in Laos is expected to reach 11.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Social Security Rate is projected to trend around 11.50 percent in 2021, according to our econometric models.

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Laos Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
11.50 11.50 11.50 9.50 2009 - 2019 percent Yearly

Laos Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 24.00 24.00 35.00 24.00 percent [+]
Personal Income Tax Rate 24.00 24.00 28.00 24.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 11.50 11.50 11.50 9.50 percent [+]
Social Security Rate For Companies 6.00 6.00 6.00 4.50 percent [+]
Social Security Rate For Employees 5.50 5.50 5.50 4.50 percent [+]

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