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Social Security Rate for Companies and Employees in Armenia

Social Security Rate Data in Armenia

Indicator Data Period
Social Security Rate 5 % 2022
Social Security Rate For Companies 5 % 2022
Social Security Rate For Employees 5 % 2022


Latest data on Social Security Rate (%)

Social Security Rate
                     Armenia - Historical Data (%)

What is Social Security Rate in Armenia?

  • Social Security Rate in Armenia decreased to 5 % in 2022. The maximum rate was 23 % and minimum was 5 %.
  • Data published Yearly by Ministry of Labor and Social Affairs.

Historical Data (%) by years

Data
Period
Date
5 2022 26.05.2022
7 2021 19.08.2021
5 2020 17.02.2020
0 2019 17.06.2019
0 2018 14.02.2018
23 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Social Security Rate For Companies (%)

Social Security Rate For Companies
                     Armenia - Historical Data (%)

What is Social Security Rate For Companies in Armenia?

  • Social Security Rate in Armenia increased to 5 % in 2022. The maximum rate was 15 % and minimum was 2.5 %.
  • Data published Yearly by Ministry of Labor and Social Affairs.

Historical Data (%) by years

Data
Period
Date
5 2022 26.05.2022
3.5 2021 19.08.2021
2.5 2020 17.02.2020
0 2019 17.06.2019
0 2018 13.02.2018
15 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate For Companies in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Social Security Rate For Employees (%)

Social Security Rate For Employees
                     Armenia - Historical Data (%)

What is employer Social Security rate in Armenia?

  • Corporate Tax Rate in Armenia increased to 5 % in 2022. The maximum rate was 8 % and minimum was 2.5 %.
  • Data published Yearly by Ministry of Labor and Social Affairs.

Historical Data (%) by years

Data
Period
Date
5 2022 26.05.2022
3.5 2021 19.08.2021
2.5 2020 17.02.2020
0 2019 17.06.2019
0 2018 13.02.2018
8 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate For Employees in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other taxes in Armenia

Index Updated Actual Previous
Corporate Tax Rate 2018 20 % 20
Personal Income Tax Rate 2018 36 % 36
Sales Tax Rate 2019 20 % 20

Social Security Rate in other countries

Country Updated Actual Previous
Jordan 2021 21.75 % 21.75
Mongolia 2021 28 % 26
Tajikistan 2022 22 % 26
China 2021 39.02 % 39.02
India 2021 24 % 24
Israel 2021 19.6 % 19.6
South Korea 2021 19.24 % 18.94
Taiwan 2021 15.76 % 14.02
Vietnam 2021 32 % 32
Armenia 2022 5 % 7
Indonesia 2021 7.74 % 7.74
Japan 2021 31.52 % 30.68
Kazakhstan 2021 5.5 % 3.5
Lebanon 2021 25.5 % 25.5
Malaysia 2021 21 % 23
Philippines 2021 12 % 11.36
Qatar 2021 0 % 0
Singapore 2021 37 % 37
Sri Lanka 2021 20 % 20
Thailand 2021 10 % 10
Laos 2021 11.5 % 11.5
Azerbaijan 2022 25 % 25
Kuwait 2021 22 % 22
Saudi Arabia 2021 22 % 22
Bahrain 2020 19 % 19
United Arab Emirates 2021 17.5 % 17.5
Uzbekistan 2022 12 % 32
Iraq 2021 17 % 17
Mauritius 2021 9 % 9