Turkey Social Security Rate For Companies

The Social Security Rate For Companies in Turkey stands at 22.50 percent. Social Security Rate For Companies in Turkey averaged 20.19 percent from 2000 until 2019, reaching an all time high of 22.50 percent in 2001 and a record low of 16.50 percent in 2009.

Social Security Rate For Companies in Turkey is expected to be 22.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Social Security Rate For Companies is projected to trend around 22.50 percent in 2020, according to our econometric models.

Turkey Social Security Rate For Companies

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Turkey Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	22.00	22.00	33.00	20.00	percent	[+]
Personal Income Tax Rate	35.00	35.00	40.00	35.00	percent	[+]
Sales Tax Rate	18.00	18.00	18.00	18.00	percent	[+]
Social Security Rate	37.50	37.50	38.50	31.50	percent	[+]
Social Security Rate For Companies	22.50	22.50	22.50	16.50	percent	[+]
Social Security Rate For Employees	15.00	15.00	16.00	14.00	percent	[+]

In Turkey, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of Turkey because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Turkey Social Security Rate For Companies - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	22.50	22.50	22.50	16.50	2000 - 2019	percent	Yearly

Export Data API

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	%