Latvia Social Security Rate For Employees
The Social Security Rate For Employees in Latvia stands at 11 percent. Social Security Rate For Employees in Latvia averaged 9.91 percent from 2004 until 2019, reaching an all time high of 11 percent in 2012 and a record low of 9 percent in 2005. In Latvia, 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 Latvia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Latvia Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.