The Social Security Rate in Colombia stands at 30.50 percent. source: Instituto de Seguros Sociales

Social Security Rate in Colombia averaged 42.73 percent from 2004 until 2021, reaching an all time high of 48.20 percent in 2009 and a record low of 30.50 percent in 2017. This page provides - Colombia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Social Security Rate - values, historical data and charts - was last updated on October of 2022.

Social Security Rate in Colombia is expected to reach 30.50 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Social Security Rate is projected to trend around 30.50 percent in 2022, according to our econometric models.

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Colombia Social Security Rate

Related Last Previous Unit Reference
Social Security Rate 30.50 30.50 percent Dec 2021
Social Security Rate For Companies 20.50 20.50 percent Dec 2021
Social Security Rate For Employees 10.00 10.00 percent Dec 2021

Colombia Social Security Rate
In Colombia, 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 Colombia because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
30.50 30.50 48.20 30.50 2004 - 2021 percent Yearly