Social security rate in South Korea 2015-2021

Social security tax rate in South Korea from 2015 to 2021

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Release date

June 2023

Region

South Korea

Survey time period

2015 to 2021

Supplementary notes

Release date indicates date of last update.
The social security rate in South Korea is a tax imposed on labor income that is applicable to both employees and companies. The funds generated from this tax play a crucial role in supporting various social programs, such as welfare, healthcare, and other benefits, thereby serving as a significant source of income for the South Korean government.

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