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Social Security Rate for Companies and Employees in Kuwait

Social Security Rate Data in Kuwait

Indicator Data Period
Social Security Rate 19.5 % 2022
Social Security Rate For Companies 11.5 % 2022
Social Security Rate For Employees 8 % 2022


Latest data on Social Security Rate (%)

Social Security Rate
                     Kuwait - Historical Data (%)

What is Social Security Rate in Kuwait?

  • Social Security Rate in Kuwait decreased to 19.5 % in 2022. The maximum rate was 22 % and minimum was 15.5 %.
  • Data published Yearly by Department of Income Tax.

Historical Data (%) by years

Data
Period
Date
19.5 2022 25.10.2022
22 2021 03.06.2021
19.5 2020 17.02.2020
22 2019 17.06.2019
22 2018 13.02.2018
22 2016 11.08.2017
20 2015 31.12.2015
18.5 2014 31.12.2014


Historical Chart by prime ministers (%)

Social Security Rate in Kuwait by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Jaber Al-Mubarak 30.11.2011 - 22.0000 22.0000 22.0000 22.0000 0.00%


Latest data on Social Security Rate For Companies (%)

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

What is Social Security Rate For Companies in Kuwait?

  • Social Security Rate in Kuwait remained unchanged at 11.5 % in 2022. The maximum rate was 11.5 % and minimum was 10.5 %.
  • Data published Yearly by Department of Income Tax.

Historical Data (%) by years

Data
Period
Date
11.5 2022 25.10.2022
11.5 2021 03.06.2021
11.5 2020 17.02.2020
11.5 2019 17.06.2019
11.5 2018 12.02.2018
11.5 2016 11.08.2017
11.5 2015 31.12.2015
11 2014 31.12.2014


Historical Chart by prime ministers (%)

Social Security Rate For Companies in Kuwait by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Jaber Al-Mubarak 30.11.2011 - 11.5000 11.5000 11.5000 11.5000 0.00%


Latest data on Social Security Rate For Employees (%)

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

What is employer Social Security rate in Kuwait?

  • Corporate Tax Rate in Kuwait decreased to 8 % in 2022. The maximum rate was 10.5 % and minimum was 5 %.
  • Data published Yearly by Department of Income Tax.

Historical Data (%) by years

Data
Period
Date
8 2022 25.10.2022
10.5 2021 03.06.2021
8 2020 17.02.2020
10.5 2019 17.06.2019
10.5 2018 12.02.2018
10.5 2016 11.08.2017
8.5 2015 31.12.2015
7.5 2014 31.12.2014


Historical Chart by prime ministers (%)

Social Security Rate For Employees in Kuwait by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Jaber Al-Mubarak 30.11.2011 - 10.5000 10.5000 10.5000 10.5000 0.00%

Other taxes in Kuwait

Index Updated Actual Previous
Corporate Tax Rate 2022 15 % 15
Personal Income Tax Rate 2022 0 % 0

Social Security Rate in other countries

Country Updated Actual Previous
Jordan 2022 21.75 % 21.75
Mongolia 2022 26 % 28
Tajikistan 2022 22 % 26
China 2022 39.02 % 39.02
India 2022 24 % 24
Israel 2022 19.6 % 19.6
South Korea 2021 19.24 % 18.94
Taiwan 2021 15.76 % 14.02
Vietnam 2022 32 % 32
Armenia 2022 5 % 7
Indonesia 2022 15.74 % 7.74
Japan 2022 31.14 % 31.52
Kazakhstan 2022 9.5 % 5.5
Lebanon 2022 25.5 % 25.5
Malaysia 2022 24 % 21
Philippines 2022 12 % 12
Qatar 2022 0 % 0
Singapore 2022 37 % 37
Sri Lanka 2022 20 % 20
Thailand 2022 10 % 10
Laos 2022 11.5 % 11.5
Azerbaijan 2022 25 % 25
Kuwait 2022 19.5 % 22
Saudi Arabia 2022 22 % 22
Bahrain 2022 19 % 19
United Arab Emirates 2022 17.5 % 17.5
Uzbekistan 2022 12 % 32
Iraq 2022 17 % 17
Mauritius 2022 9 % 9