Morocco Social Security Rate For Companies

The Social Security Rate For Companies in Morocco stands at 18.50 percent. Social Security Rate For Companies in Morocco averaged 17.98 percent from 2004 until 2019, reaching an all time high of 18.50 percent in 2010 and a record low of 16.10 percent in 2005.

Social Security Rate For Companies in Morocco is expected to be 18.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Social Security Rate For Companies is projected to trend around 18.50 percent in 2020, according to our econometric models.

Morocco Social Security Rate For Companies

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Morocco Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	31.00	31.00	35.00	30.00	percent	[+]
Personal Income Tax Rate	38.00	38.00	44.00	38.00	percent	[+]
Sales Tax Rate	20.00	20.00	20.00	20.00	percent	[+]
Social Security Rate For Companies	18.50	18.50	18.50	16.10	percent	[+]

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

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	18.50	18.50	18.50	16.10	2004 - 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	%