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Social Security Rate for Companies and Employees in Latvia

Social Security Rate Data in Latvia

Indicator Data Period
Social Security Rate 34.09 % 2021
Social Security Rate For Companies 23.59 % 2021
Social Security Rate For Employees 10.5 % 2021


Latest data on Social Security Rate (%)

Social Security Rate
                     Latvia - Historical Data (%)

What is Social Security Rate in Latvia?

  • Social Security Rate in Latvia decreased to 34.09 % in 2021. The maximum rate was 35.09 % and minimum was 33.09 %.
  • Data published Yearly by State Revenue Service.

Historical Data (%) by years

Data
Period
Date
34.09 2021 03.06.2021
35.09 2020 16.09.2020
35.09 2019 18.06.2019
35.09 2018 19.06.2018
34.09 2016 11.08.2017
34.09 2015 31.12.2015
34.18 2014 31.12.2014
34.18 2013 31.12.2013


Historical Chart by presidents (%)

Social Security Rate in Latvia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Raimonds Vējonis 08.07.2015 - 34.0900 35.0900 35.0900 34.0900 2.93%


Latest data on Social Security Rate For Companies (%)

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

What is Social Security Rate For Companies in Latvia?

  • Social Security Rate in Latvia decreased to 23.59 % in 2021. The maximum rate was 24.09 % and minimum was 23.59 %.
  • Data published Yearly by State Revenue Service.

Historical Data (%) by years

Data
Period
Date
23.59 2021 03.06.2021
24.09 2020 16.09.2020
24.09 2019 17.06.2019
24.09 2018 19.06.2018
23.59 2016 11.08.2017
23.59 2015 31.12.2015
23.59 2014 31.12.2014
23.59 2013 31.12.2013


Historical Chart by presidents (%)

Social Security Rate For Companies in Latvia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Raimonds Vējonis 08.07.2015 - 23.5900 24.0900 24.0900 23.5900 2.12%


Latest data on Social Security Rate For Employees (%)

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

What is employer Social Security rate in Latvia?

  • Corporate Tax Rate in Latvia decreased to 10.5 % in 2021. The maximum rate was 11 % and minimum was 9 %.
  • Data published Yearly by State Revenue Service.

Historical Data (%) by years

Data
Period
Date
10.5 2021 03.06.2021
11 2020 16.09.2020
11 2019 18.06.2019
11 2018 19.06.2018
10.5 2016 11.08.2017
10.5 2015 31.12.2015
10.59 2014 31.12.2014
10.59 2013 31.12.2013


Historical Chart by presidents (%)

Social Security Rate For Employees in Latvia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Raimonds Vējonis 08.07.2015 - 10.5000 11.0000 11.0000 10.5000 4.76%

Other taxes in Latvia

Index Updated Actual Previous
Corporate Tax Rate 2021 20 % 20
Personal Income Tax Rate 2021 31 % 31.4
Social Security Rate 2021 34.09 % 35.09

Social Security Rate in other countries

Country Updated Actual Previous
Austria 2021 39.5 % 39.5
Ireland 2021 15.05 % 15.05
Luxembourg 2021 27.62 % 27.44
Spain 2020 36.25 % 36.25
Iceland 2021 10.1 % 10.35
Norway 2021 22.3 % 22.3
Belarus 2021 35 % 35
Belgium 2021 38.07 % 40.57
Bulgaria 2021 32.8 % 32.8
Croatia 2021 36.5 % 36.5
Cyprus 2021 16.6 % 16.6
Czech Republic 2021 44.8 % 44.8
Denmark 2021 0 % 0
Estonia 2021 37.4 % 37.4
Finland 2021 31.55 % 32.52
France 2021 68 % 68
Germany 2021 40.21 % 40.01
Greece 2021 36.66 % 40.56
Hungary 2021 35.5 % 35.5
Italy 2021 39.49 % 39.49
Latvia 2021 34.09 % 35.09
Lithuania 2021 21.27 % 21.27
Malta 2021 20 % 20
Moldova 2021 33 % 33
Montenegro 2021 32.3 % 32.3
Netherlands 2021 51.24 % 50.84
Poland 2021 35.85 % 35.85
Portugal 2021 34.75 % 34.75
Romania 2021 37.25 % 37.25
Russia 2021 30 % 30
Serbia 2021 36.55 % 36.55
Slovakia 2021 48.6 % 48.6
Slovenia 2021 38.2 % 38.2
Sweden 2021 38.42 % 38.42
Switzerland 2021 12.8 % 12
Turkey 2021 37.5 % 37.5
Ukraine 2019 22 % 22
United Kingdom 2021 27.8 % 27.8
Albania 2021 24.5 % 24.5
Bosnia and Herzegovina 2021 41.5 % 41.5
Kosovo 2020 10 % 10