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Social Security Rate for Companies and Employees in Ecuador

Social Security Rate Data in Ecuador

Indicator Data Period
Social Security Rate 21.6 % 2023
Social Security Rate For Companies 12.15 % 2023
Social Security Rate For Employees 9.45 % 2023


Latest data on Social Security Rate (%)

Social Security Rate
                     Ecuador - Historical Data (%)

What is Social Security Rate in Ecuador?

  • Social Security Rate in Ecuador remained unchanged at 21.6 % in 2023. The maximum rate was 21.6 % and minimum was 20.5 %.
  • Data published Yearly by Institute of Social Security.

Historical Data (%) by years

Data
Period
Date
21.6 2023 13.04.2023
21.6 2022 24.10.2022
21.6 2021 03.06.2021
20.6 2020 19.05.2020
21.6 2018 13.02.2018
20.6 2017 25.01.2018
21.6 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate in Ecuador by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Lenin Moreno 24.05.2017 - 21.6000 20.6000 21.6000 20.6000 -4.63%


Latest data on Social Security Rate For Companies (%)

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

What is Social Security Rate For Companies in Ecuador?

  • Social Security Rate in Ecuador remained unchanged at 12.15 % in 2023. The maximum rate was 12.15 % and minimum was 11.15 %.
  • Data published Yearly by Institute of Social Security.

Historical Data (%) by years

Data
Period
Date
12.15 2023 13.04.2023
12.15 2022 24.10.2022
12.15 2021 03.06.2021
11.15 2020 19.02.2020
12.15 2019 19.06.2019
12.15 2018 13.02.2018
11.15 2017 25.01.2018
12.15 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate For Companies in Ecuador by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Lenin Moreno 24.05.2017 - 12.1500 12.1500 12.1500 11.1500 0.00%


Latest data on Social Security Rate For Employees (%)

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

What is employer Social Security rate in Ecuador?

  • Corporate Tax Rate in Ecuador remained unchanged at 9.45 % in 2023. The maximum rate was 9.45 % and minimum was 9.35 %.
  • Data published Yearly by Institute of Social Security.

Historical Data (%) by years

Data
Period
Date
9.45 2023 13.04.2023
9.45 2022 24.10.2022
9.45 2021 03.06.2021
9.45 2020 19.05.2020
9.45 2019 19.06.2019
9.45 2018 13.02.2018
9.45 2017 25.01.2018
9.45 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate For Employees in Ecuador by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Lenin Moreno 24.05.2017 - 9.4500 9.4500 9.4500 9.4500 0.00%

Other taxes in Ecuador

Index Updated Actual Previous
Corporate Tax Rate 2023 25 % 25
Personal Income Tax Rate 2022 37 % 35
Sales Tax Rate 2023 12 % 12

Social Security Rate in other countries

Country Updated Actual Previous
Colombia 2023 30.5 % 30.5
Panama 2023 22 % 22.25
Brazil 2021 39.8 % 39.8
Chile 2022 23.5 % 23.5
Paraguay 2023 25.5 % 25.5
Argentina 2023 37.4 % 37.4
Canada 2021 14.38 % 14.09
Ecuador 2023 21.6 % 21.6
Mexico 2022 9.23 % 9.23
United States 2023 15.3 % 15.3
Uruguay 2023 35.73 % 35.73
Jamaica 2023 19.75 % 19.75
Venezuela 2023 23 % 23
Cameroon 2022 20.4 % 20.4