The Social Security Rate in Republic of the Congo stands at 24.29 percent.

Social Security Rate in Republic of the Congo averaged 25.33 percent from 2004 until 2019, reaching an all time high of 26.79 percent in 2005 and a record low of 21.89 percent in 2004. This page provides - Republic Of The Congo Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Republic Of The Congo Social Security Rate - values, historical data and charts - was last updated on October of 2020.

Social Security Rate in Republic of the Congo is expected to reach 24.29 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Republic Of The Congo Social Security Rate is projected to trend around 24.29 percent in 2021, according to our econometric models.

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Republic Of The Congo Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.29 24.29 26.79 21.89 2004 - 2019 percent Yearly

Republic of the Congo Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 30.00 30.00 38.00 30.00 percent [+]
Personal Income Tax Rate 40.00 40.00 50.00 40.00 percent [+]
Sales Tax Rate 18.90 18.90 18.90 18.00 percent [+]
Social Security Rate 24.29 24.29 26.79 21.89 percent [+]
Social Security Rate For Companies 20.29 20.29 22.79 17.89 percent [+]
Social Security Rate For Employees 4.00 4.00 4.00 2.40 percent [+]


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