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Social Security Rate for Companies and Employees in Portugal

Social Security Rate Data in Portugal

Indicator Data Period
Social Security Rate 34.75 % 2023
Social Security Rate For Companies 23.75 % 2023
Social Security Rate For Employees 11 % 2023


Latest data on Social Security Rate (%)

Social Security Rate
                     Portugal - Historical Data (%)

What is Social Security Rate in Portugal?

  • Social Security Rate in Portugal remained unchanged at 34.75 % in 2023. The maximum rate was 35.5 % and minimum was 10.5 %.
  • Data published Yearly by Institute of Social Security.

Historical Data (%) by years

Data
Period
Date
34.75 2023 05.04.2023
34.75 2022 25.10.2022
34.75 2021 03.06.2021
34.75 2020 16.09.2020
34.75 2019 17.06.2019
34.75 2018 07.02.2018
34.75 2017 06.02.2018
34.75 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate in Portugal by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Marcelo Rebelo 09.03.2016 - 34.7500 34.7500 34.7500 34.7500 0.00%
Aníbal Silva 09.03.2006 - 09.03.2016 34.8000 34.7500 34.8000 34.7500 -0.14%
Jorge Sampaio 09.03.1996 - 09.03.2006 34.8000 34.8000 34.8000 34.8000 0.00%
Mário Soares 09.03.1986 - 09.03.1996 35.5000 35.5000 35.5000 35.5000 0.00%


Latest data on Social Security Rate For Companies (%)

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

What is Social Security Rate For Companies in Portugal?

  • Social Security Rate in Portugal remained unchanged at 23.75 % in 2023. The maximum rate was 24.5 % and minimum was 23.75 %.
  • Data published Yearly by Institute of Social Security.

Historical Data (%) by years

Data
Period
Date
23.75 2023 05.04.2023
23.75 2022 25.10.2022
23.75 2021 03.06.2021
23.75 2020 16.09.2020
23.75 2019 17.06.2019
23.75 2018 07.02.2018
23.75 2017 06.02.2018
23.75 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate For Companies in Portugal by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Marcelo Rebelo 09.03.2016 - 23.7500 23.7500 23.7500 23.7500 0.00%
Aníbal Silva 09.03.2006 - 09.03.2016 23.8000 23.7500 23.8000 23.7500 -0.21%
Jorge Sampaio 09.03.1996 - 09.03.2006 23.8000 23.8000 23.8000 23.8000 0.00%
Mário Soares 09.03.1986 - 09.03.1996 24.5000 24.5000 24.5000 24.5000 0.00%


Latest data on Social Security Rate For Employees (%)

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

What is employer Social Security rate in Portugal?

  • Corporate Tax Rate in Portugal remained unchanged at 11 % in 2023. The maximum rate was 11 % and minimum was 10.5 %.
  • Data published Yearly by Institute of Social Security.

Historical Data (%) by years

Data
Period
Date
11 2023 05.04.2023
11 2022 25.10.2022
11 2021 03.06.2021
11 2020 16.09.2020
11 2019 17.06.2019
11 2018 07.02.2018
11 2017 06.02.2018
11 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate For Employees in Portugal by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Marcelo Rebelo 09.03.2016 - 11.0000 11.0000 11.0000 11.0000 0.00%
Aníbal Silva 09.03.2006 - 09.03.2016 11.0000 11.0000 11.0000 11.0000 0.00%
Jorge Sampaio 09.03.1996 - 09.03.2006 11.0000 11.0000 11.0000 11.0000 0.00%
Mário Soares 09.03.1986 - 09.03.1996 11.0000 11.0000 11.0000 11.0000 0.00%

Other taxes in Portugal

Index Updated Actual Previous
Corporate Tax Rate 2023 21 % 21
Personal Income Tax Rate 2023 48 % 48
Sales Tax Rate 2023 23 % 23

Social Security Rate in other countries

Country Updated Actual Previous
Austria 2023 39.15 % 39.35
Ireland 2023 15.05 % 15.05
Luxembourg 2022 27.9 % 27.62
Spain 2023 36.25 % 36.25
Iceland 2023 10.35 % 10.35
Norway 2022 22.1 % 22.3
Belarus 2022 35 % 35
Belgium 2023 48.07 % 48.07
Bulgaria 2023 33.4 % 33.4
Croatia 2023 36.5 % 36.5
Cyprus 2023 16.6 % 16.6
Czech Republic 2023 44.8 % 44.8
Denmark 2022 0 % 0
Estonia 2023 37.4 % 37.4
Finland 2021 31.55 % 32.52
France 2023 68 % 68
Germany 2022 36.66 % 40.21
Greece 2023 36.16 % 36.16
Hungary 2023 31.5 % 31.5
Italy 2023 40 % 40
Latvia 2023 34.09 % 34.09
Lithuania 2023 21.27 % 21.27
Malta 2023 20 % 20
Moldova 2023 33 % 33
Montenegro 2023 21.5 % 21.5
Netherlands 2021 51.24 % 50.84
Poland 2021 35.85 % 35.85
Portugal 2023 34.75 % 34.75
Romania 2023 37.25 % 37.25
Russia 2023 30 % 30
Serbia 2023 37.55 % 36.05
Slovakia 2023 48.6 % 48.6
Slovenia 2023 38.2 % 38.2
Sweden 2023 38.42 % 38.42
Switzerland 2022 12.8 % 12.8
Turkey 2022 34.5 % 37.5
Ukraine 2019 22 % 22
United Kingdom 2023 31.55 % 31.55
Albania 2023 24.5 % 24.5
Bosnia and Herzegovina 2023 41.5 % 41.5
Kosovo 2023 10 % 10