Saudi Arabia Social Security Rate For CompaniesSaudi Arabia Social Security Rate For CompaniesSaudi Arabia Social Security Rate For Companies

Saudi Arabia Social Security Rate For Companies

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Key data points


Last release
Observation period
2025
Next release
Forecast
Highest
12.00% on Dec 31, 2024
Lowest
11.00% on Dec 31, 2015

About Saudi Arabia Social Security Rate For Companies


Category
Taxes
Frequency
Annual
Units
%
In Saudi Arabia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Saudi Arabia because they help to pay for many social programs including welfare, health care and many other benefits.