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South Korea Social Security Rate

Taxes
South Korea
Source: South Korea Social Security Rate, released on Dec 31 by Korean Worker's Compensation & Welfare Service
19.75%
Overview
Current Value
19.75%
Average Value (10 years)
19.06%
Statistical Analysis
Current Status
Abnormal
Historical Average
19.06%
Long-term mean
Historical Data
DateValueChange
12-31-202419.75%0.00%
12-31-202319.75%+0.25%
12-31-202219.50%+0.26%
12-31-202119.24%+0.30%
12-31-202018.94%+0.64%
Forecast & Analysis

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Next Period Forecast
19.75%
3-Month Outlook
Moderate Growth
Based on economic models
12-Month Outlook
Stable
Long-term projection

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Key Information
Current Value19.75%
Average Value (10 years)19.06%

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Economic data last updated May 18, 2025