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Social Security Rate for Companies and Employees in Malaysia

Social Security Rate Data in Malaysia

Indicator Data Period
Social Security Rate 24 % 2022
Social Security Rate For Companies 13 % 2022
Social Security Rate For Employees 11 % 2022


Latest data on Social Security Rate (%)

Social Security Rate
                     Malaysia - Historical Data (%)

What is Social Security Rate in Malaysia?

  • Social Security Rate in Malaysia increased to 24 % in 2022. The maximum rate was 25.29 % and minimum was 20 %.
  • Data published Yearly by Social Security Organisation.

Historical Data (%) by years

Data
Period
Date
24 2022 25.10.2022
21 2021 12.02.2021
23 2019 18.06.2019
20 2018 13.02.2018
24 2016 11.08.2017
24 2015 31.12.2015
25.29 2014 31.12.2014
24.5 2013 31.12.2013


Historical Chart by prime ministers (%)

Social Security Rate in Malaysia by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Najib Razak 03.04.2009 - 10.05.2018 24.5000 20.0000 25.2900 20.0000 -18.37%


Latest data on Social Security Rate For Companies (%)

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

What is Social Security Rate For Companies in Malaysia?

  • Social Security Rate in Malaysia increased to 13 % in 2022. The maximum rate was 13.78 % and minimum was 12 %.
  • Data published Yearly by Social Security Organisation.

Historical Data (%) by years

Data
Period
Date
13 2022 25.10.2022
12 2021 03.06.2021
12 2020 12.02.2021
12 2019 17.06.2019
12 2018 12.02.2018
13 2016 11.08.2017
13 2015 31.12.2015
13.78 2014 31.12.2014


Historical Chart by prime ministers (%)

Social Security Rate For Companies in Malaysia by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Najib Razak 03.04.2009 - 10.05.2018 13.0000 12.0000 13.7800 12.0000 -7.69%


Latest data on Social Security Rate For Employees (%)

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

What is employer Social Security rate in Malaysia?

  • Corporate Tax Rate in Malaysia increased to 11 % in 2022. The maximum rate was 11.5 % and minimum was 8 %.
  • Data published Yearly by Social Security Organisation.

Historical Data (%) by years

Data
Period
Date
11 2022 25.10.2022
9 2021 12.02.2021
11 2019 17.06.2019
8 2018 12.02.2018
11 2016 11.08.2017
11 2015 31.12.2015
11.51 2014 31.12.2014
11.5 2013 31.12.2013


Historical Chart by prime ministers (%)

Social Security Rate For Employees in Malaysia by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Najib Razak 03.04.2009 - 10.05.2018 11.5000 8.0000 11.5100 8.0000 -30.43%

Other taxes in Malaysia

Index Updated Actual Previous
Corporate Tax Rate 2023 24 % 24
Personal Income Tax Rate 2023 30 % 30
Sales Tax Rate 2023 10 % 10

Social Security Rate in other countries

Country Updated Actual Previous
Jordan 2023 21.75 % 21.75
Mongolia 2023 26 % 26
Tajikistan 2023 22 % 22
China 2022 39.02 % 39.02
India 2023 24 % 24
Israel 2022 19.6 % 19.6
South Korea 2021 19.24 % 18.94
Taiwan 2021 15.76 % 14.02
Vietnam 2023 32 % 32
Armenia 2022 5 % 7
Indonesia 2022 15.74 % 7.74
Japan 2022 31.14 % 31.52
Kazakhstan 2023 9.5 % 9.5
Lebanon 2023 25.5 % 25.5
Malaysia 2022 24 % 21
Philippines 2022 12 % 12
Qatar 2023 0 % 0
Singapore 2023 37 % 37
Sri Lanka 2023 20 % 20
Thailand 2023 10 % 10
Laos 2023 11.5 % 11.5
Azerbaijan 2023 25 % 25
Kuwait 2023 19.5 % 19.5
Saudi Arabia 2022 22 % 22
Bahrain 2023 19 % 19
United Arab Emirates 2023 17.5 % 17.5
Uzbekistan 2023 12 % 12
Iraq 2023 17 % 17
Mauritius 2023 9 % 9