Social Security Rate for Companies and Employees in South Korea
Social Security Rate Data in South Korea
| Indicator | Data | Period |
|---|---|---|
| Social Security Rate | 19.24 % | 2021 |
| Social Security Rate For Companies | 10.11 % | 2021 |
| Social Security Rate For Employees | 9.13 % | 2021 |
Latest data on Social Security Rate (%)
What is Social Security Rate in South Korea?
- Social Security Rate in South Korea increased to 19.24 % in 2021. The maximum rate was 19.24 % and minimum was 15.3 %.
- Data published Yearly by Worker's Compensation & Welfare Service.
Historical Data (%) by years
Data
Period
Date
| 19.24 | 2021 | 03.06.2021 |
| 18.94 | 2020 | 22.04.2020 |
| 18.81 | 2018 | 04.07.2019 |
Historical Chart by presidents (%)
Social Security Rate in South Korea by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Social Security Rate For Companies (%)
What is Social Security Rate For Companies in South Korea?
- Social Security Rate in South Korea increased to 10.11 % in 2021. The maximum rate was 10.4 % and minimum was 8.5 %.
- Data published Yearly by Worker's Compensation & Welfare Service.
Historical Data (%) by years
Data
Period
Date
| 10.11 | 2021 | 03.06.2021 |
| 9.96 | 2020 | 22.04.2020 |
| 10.4 | 2018 | 04.07.2019 |
Historical Chart by presidents (%)
Social Security Rate For Companies in South Korea by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Social Security Rate For Employees (%)
What is employer Social Security rate in South Korea?
- Corporate Tax Rate in South Korea increased to 9.13 % in 2021. The maximum rate was 9.13 % and minimum was 6.7 %.
- Data published Yearly by Worker's Compensation & Welfare Service.
Historical Data (%) by years
Data
Period
Date
| 9.13 | 2021 | 03.06.2021 |
| 8.98 | 2020 | 22.04.2020 |
| 8.41 | 2018 | 04.07.2019 |
Historical Chart by presidents (%)
Social Security Rate For Employees in South Korea by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other taxes in South Korea
| Index | Updated | Actual | Previous |
| Corporate Tax Rate | 2023 | 27.5 % | 27.5 |
| Personal Income Tax Rate | 2023 | 45 % | 45 |
| 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 |
