Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Social Security Rate for Companies and Employees in Singapore

Social Security Rate Data in Singapore

Indicator Data Period
Social Security Rate 37 % 2022
Social Security Rate For Companies 17 % 2022
Social Security Rate For Employees 20 % 2022


Latest data on Social Security Rate (%)

Social Security Rate
                     Singapore - Historical Data (%)

What is Social Security Rate in Singapore?

  • Social Security Rate in Singapore remained unchanged at 37 % in 2022. The maximum rate was 37 % and minimum was 33 %.
  • Data published Yearly by Revenue Authority.

Historical Data (%) by years

Data
Period
Date
37 2022 25.10.2022
37 2021 03.06.2021
37 2020 15.02.2021
37 2019 18.06.2019
37 2018 13.02.2018
37 2016 11.08.2017
37 2015 31.12.2015
36 2014 31.12.2014


Historical Chart by presidents (%)

Social Security Rate in Singapore by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Halimah Yacob 14.09.2017 - 37.0000 37.0000 37.0000 37.0000 0.00%
Tony Tan 01.09.2011 - 31.08.2017 36.0000 37.0000 37.0000 36.0000 2.78%
S. R. Nathan 01.09.1999 - 01.09.2011 33.0000 35.0000 35.0000 33.0000 6.06%


Latest data on Social Security Rate For Companies (%)

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

What is Social Security Rate For Companies in Singapore?

  • Social Security Rate in Singapore remained unchanged at 17 % in 2022. The maximum rate was 17 % and minimum was 13 %.
  • Data published Yearly by Revenue Authority.

Historical Data (%) by years

Data
Period
Date
17 2022 25.10.2022
17 2021 03.06.2021
17 2020 15.02.2021
17 2019 18.06.2019
17 2018 12.02.2018
17 2016 11.08.2017
17 2015 31.12.2015
16 2014 31.12.2014


Historical Chart by presidents (%)

Social Security Rate For Companies in Singapore by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Halimah Yacob 14.09.2017 - 17.0000 17.0000 17.0000 17.0000 0.00%
Tony Tan 01.09.2011 - 31.08.2017 16.0000 17.0000 17.0000 16.0000 6.25%
S. R. Nathan 01.09.1999 - 01.09.2011 13.0000 15.0000 15.0000 13.0000 15.38%


Latest data on Social Security Rate For Employees (%)

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

What is employer Social Security rate in Singapore?

  • Corporate Tax Rate in Singapore remained unchanged at 20 % in 2022. The maximum rate was 20 % and minimum was 20 %.
  • Data published Yearly by Revenue Authority.

Historical Data (%) by years

Data
Period
Date
20 2022 25.10.2022
20 2021 03.06.2021
20 2020 15.02.2021
20 2019 18.06.2019
20 2018 12.02.2018
20 2016 11.08.2017
20 2015 31.12.2015
20 2014 31.12.2014


Historical Chart by presidents (%)

Social Security Rate For Employees in Singapore by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Halimah Yacob 14.09.2017 - 20.0000 20.0000 20.0000 20.0000 0.00%
Tony Tan 01.09.2011 - 31.08.2017 20.0000 20.0000 20.0000 20.0000 0.00%
S. R. Nathan 01.09.1999 - 01.09.2011 20.0000 20.0000 20.0000 20.0000 0.00%

Other taxes in Singapore

Index Updated Actual Previous
Corporate Tax Rate 2022 17 % 17
Personal Income Tax Rate 2022 22 % 22
Sales Tax Rate 2022 7 % 7

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