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Social Security Rate for Companies and Employees in Philippines

Social Security Rate Data in Philippines

Indicator Data Period
Social Security Rate 12 % 2022
Social Security Rate For Companies 8 % 2022
Social Security Rate For Employees 4 % 2022


Latest data on Social Security Rate (%)

Social Security Rate
                     Philippines - Historical Data (%)

What is Social Security Rate in Philippines?

  • Social Security Rate in Philippines remained unchanged at 12 % in 2022. The maximum rate was 11.36 % and minimum was 9.63 %.
  • Data published Yearly by Bureau of Internal Revenue.

Historical Data (%) by years

Data
Period
Date
12 2022 25.10.2022
12 2021 19.08.2021
11.36 2020 14.02.2021
11.36 2019 15.07.2020
11.36 2018 13.02.2018
11.36 2016 11.08.2017
11.36 2015 31.12.2015
11.36 2014 31.12.2014


Historical Chart by presidents (%)

Social Security Rate in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 11.3600 11.3600 11.3600 11.3600 0.00%
Benigno Aquino 30.06.2010 - 30.06.2016 10.7800 11.3600 11.3600 10.7800 5.38%
Gloria Macapagal 20.01.2001 - 30.06.2010 9.6300 10.7800 10.7800 9.6300 11.94%


Latest data on Social Security Rate For Companies (%)

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

What is Social Security Rate For Companies in Philippines?

  • Social Security Rate in Philippines remained unchanged at 8 % in 2022. The maximum rate was 7.67 % and minimum was 6.24 %.
  • Data published Yearly by Bureau of Internal Revenue.

Historical Data (%) by years

Data
Period
Date
8 2022 25.10.2022
8 2021 19.08.2021
7.67 2020 14.02.2021
7.67 2019 15.07.2020
7.67 2018 12.02.2018
7.67 2016 11.08.2017
7.67 2015 31.12.2015
7.67 2014 31.12.2014


Historical Chart by presidents (%)

Social Security Rate For Companies in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 7.6700 7.6700 7.6700 7.6700 0.00%
Benigno Aquino 30.06.2010 - 30.06.2016 7.3900 7.6700 7.6700 7.3900 3.79%
Gloria Macapagal 20.01.2001 - 30.06.2010 6.2400 7.3900 7.3900 6.2400 18.43%


Latest data on Social Security Rate For Employees (%)

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

What is employer Social Security rate in Philippines?

  • Corporate Tax Rate in Philippines remained unchanged at 4 % in 2022. The maximum rate was 3.69 % and minimum was 3.39 %.
  • Data published Yearly by Bureau of Internal Revenue.

Historical Data (%) by years

Data
Period
Date
4 2022 25.10.2022
4 2021 19.08.2021
3.69 2020 14.02.2021
3.69 2019 15.07.2020
3.69 2018 12.02.2018
3.69 2016 11.08.2017
3.69 2015 31.12.2015
3.69 2014 31.12.2014


Historical Chart by presidents (%)

Social Security Rate For Employees in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 3.6900 3.6900 3.6900 3.6900 0.00%
Benigno Aquino 30.06.2010 - 30.06.2016 3.3900 3.6900 3.6900 3.3900 8.85%
Gloria Macapagal 20.01.2001 - 30.06.2010 3.3900 3.3900 3.3900 3.3900 0.00%

Other taxes in Philippines

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

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