Mongolia Social Security Rate For Companies

The Social Security Rate For Companies in Mongolia stands at 14.50 percent. Social Security Rate For Companies in Mongolia averaged 13.31 percent from 2012 until 2019, reaching an all time high of 14.50 percent in 2019 and a record low of 13 percent in 2013.

Social Security Rate For Companies in Mongolia is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Social Security Rate For Companies is projected to trend around 13.00 percent in 2020, according to our econometric models.

Mongolia Social Security Rate For Companies

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Mongolia Taxes	Last	Previous	Highest	Lowest	Unit
Personal Income Tax Rate	10.00	10.00	10.00	10.00	percent	[+]
Corporate Tax Rate	25.00	25.00	25.00	25.00	percent	[+]
Sales Tax Rate	10.00	10.00	10.00	10.00	percent	[+]
Social Security Rate	26.00	25.00	26.00	23.00	percent	[+]
Social Security Rate For Companies	14.50	14.00	14.50	13.00	percent	[+]
Social Security Rate For Employees	11.50	11.00	11.50	10.00	percent	[+]

In Mongolia, 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 Mongolia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Mongolia Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	14.50	14.00	14.50	13.00	2012 - 2019	percent	Yearly

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Country	Last		Previous	Range
France	45.00	Dec/18	45	45 : 37.9	%
China	37.00	Dec/18	37	37 : 37	%
Italy	30.00	Dec/19	30	45.9 : 30	%
Russia	30.00	Dec/19	30	35.6 : 26	%
Spain	29.90	Dec/19	29.9	33.7 : 29.9	%
Brazil	28.80	Dec/19	28.8	31.8 : 20	%
Argentina	26.70	Dec/19	26.7	27 : 26.7	%
Turkey	22.50	Dec/19	22.5	22.5 : 16.5	%
Netherlands	19.80	Dec/19	19	21.25 : 17.4	%
Germany	19.44	Dec/19	19.38	21 : 16.7	%
Singapore	17.00	Dec/19	17	17 : 13	%
Japan	14.75	Dec/18	14.75	15.2 : 6.8	%
United Kingdom	13.80	Dec/19	13.8	13.8 : 10.2	%
India	12.00	Dec/18	12	12 : 12	%
Saudi Arabia	12.00	Dec/19	12	12 : 11	%
South Korea	10.40	Dec/18	10.4	10.4 : 8.5	%
Australia	9.50	Dec/19	9.5	9.5 : 9	%
United States	7.65	Dec/18	7.65	10.1 : 7.65	%
Mexico	7.58	Dec/18	7.58	14.7 : 7.58	%
Canada	7.37	Dec/19	7.27	7.9 : 4.3	%
Switzerland	6.00	Dec/19	6	11.55 : 6	%
Indonesia	5.74	Dec/18	5.74	11.74 : 5.74	%
South Africa	1.00	Dec/19	1	2 : 1	%