The Kiwisaver Rate in New Zealand stands at 11 percent. Social Security Rate in New Zealand averaged 8.80 percent from 2004 until 2018, reaching an all time high of 11 percent in 2007 and a record low of 0 percent in 2005.

Social Security Rate in New Zealand is expected to be 11.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Social Security Rate is projected to trend around 11.00 percent in 2020, according to our econometric models.

New Zealand KiwiSaver Rate
Forecast Data Chart
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New Zealand Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 28.00 28.00 48.00 28.00 percent [+]
Personal Income Tax Rate 33.00 33.00 39.00 33.00 percent [+]
Sales Tax Rate 15.00 15.00 15.00 12.50 percent [+]
Social Security Rate 11.00 11.00 11.00 0.00 percent [+]
Social Security Rate For Companies 3.00 3.00 3.00 0.00 percent [+]
Social Security Rate For Employees 8.00 8.00 8.00 0.00 percent [+]

New Zealand KiwiSaver Rate

In New Zealand there is no compulsory social security system; instead there is a voluntary savings scheme set up by the government named KiwiSaver. Trading Economics takes into account the sum of the employee contribution with the employer as a social security rate. This page provides - New Zealand Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand KiwiSaver Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.00 11.00 11.00 0.00 2004 - 2019 percent Yearly

Country Last Previous
France 59.20 Dec/18
China 48.00 Dec/18
Netherlands 47.45 Dec/19
Argentina 43.70 Dec/19
Brazil 39.80 Dec/19
Italy 39.49 Dec/19
Germany 39.06 Dec/19
Turkey 37.50 Dec/19
Singapore 37.00 Dec/19
Spain 36.25 Dec/19
Russia 30.00 Dec/19
Japan 29.20 Dec/18
United Kingdom 25.80 Dec/19
India 24.00 Dec/18
Saudi Arabia 22.00 Dec/19
South Korea 18.81 Dec/18
United States 15.30 Dec/18
Canada 14.09 Dec/19
Switzerland 12.00 Dec/19
Australia 11.50 Dec/19
Indonesia 9.74 Dec/18
Mexico 9.23 Dec/18
South Africa 2.00 Dec/19