Key data points
Last release
—
Observation period
2025
Next release
—
Forecast
—
Highest
25.00 % on Dec 31, 2016
Lowest
23.00 % on Dec 31, 2025
About Venezuela Social Security Rate
In Venezuela, 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 Venezuela because they help to pay for many social programs including welfare, health care and many other benefits.