The Social Security Rate For Companies in Morocco stands at 18.50 percent. Morocco Social Security Rate For Companies - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

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. This page provides - Morocco Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Social Security Rate For Companies in Morocco is expected to reach 18.50 percent by the end of 2020, 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 2021, according to our econometric models.


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Morocco Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
18.50 18.50 18.50 16.10 2004 - 2019 percent Yearly


Morocco Social Security Rate For Companies
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.