The Social Security Rate in Cameroon stands at 20.40 percent. source: Ministry of Labor and Social Security

Social Security Rate in Cameroon averaged 19.47 percent from 2004 until 2021, reaching an all time high of 20.40 percent in 2016 and a record low of 19 percent in 2005. This page provides - Cameroon Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cameroon Social Security Rate - values, historical data and charts - was last updated on October of 2022.

Social Security Rate in Cameroon is expected to reach 20.40 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cameroon Social Security Rate is projected to trend around 20.40 percent in 2022, according to our econometric models.

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Cameroon Social Security Rate

Related Last Previous Unit Reference
Social Security Rate For Employees 4.20 4.20 percent Dec 2021
Social Security Rate For Companies 16.20 16.20 percent Dec 2021
Social Security Rate 20.40 20.40 percent Dec 2021

Cameroon Social Security Rate
In Cameroon, 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 Cameroon because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
20.40 20.40 20.40 19.00 2004 - 2021 percent Yearly