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South Korea Social Security Rate For Employees

Taxes
South Korea
Source: South Korea Social Security Rate For Employees, released on Dec 31 by Korean Worker's Compensation & Welfare Service
9.40%
Overview
Current Value
9.40%
Average Value (10 years)
8.85%
Statistical Analysis
Current Status
Abnormal
Historical Average
8.85%
Long-term mean
Historical Data
DateValueChange
12-31-20249.40%0.00%
12-31-20239.40%+0.08%
12-31-20229.32%+0.19%
12-31-20219.13%+0.15%
12-31-20208.98%+0.33%
Forecast & Analysis

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Next Period Forecast
9.40%
3-Month Outlook
Moderate Growth
Based on economic models
12-Month Outlook
Stable
Long-term projection

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Key Information
Current Value9.40%
Average Value (10 years)8.85%

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Economic data last updated May 18, 2025