The Social Security Rate For Employees in Uruguay stands at 23.13 percent.

Social Security Rate For Employees in Uruguay averaged 22.93 percent from 2004 until 2018, reaching an all time high of 36.13 percent in 2004 and a record low of 18.13 percent in 2007. This page provides - Uruguay Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Social Security Rate For Employees - values, historical data and charts - was last updated on September of 2020.

Social Security Rate For Employees in Uruguay is expected to reach 23.13 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Social Security Rate For Employees is projected to trend around 23.13 percent in 2021, according to our econometric models.

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Uruguay Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
23.13 23.13 36.13 18.13 2004 - 2020 percent Yearly

Uruguay Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 32.00 25.00 percent [+]
Personal Income Tax Rate 36.00 36.00 36.00 0.00 percent [+]
Sales Tax Rate 22.00 22.00 23.00 22.00 percent [+]
Social Security Rate 35.76 35.76 54.75 30.75 percent [+]
Social Security Rate For Companies 12.63 12.63 18.63 12.63 percent [+]
Social Security Rate For Employees 23.13 23.13 36.13 18.13 percent [+]


Uruguay Social Security Rate For Employees
In Uruguay, 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 Uruguay because they help to pay for many social programs including welfare, health care and many other benefits.