Malaysia Social Security Rate

The Social Security Rate in Malaysia stands at 24 percent. Social Security Rate in Malaysia averaged 23.40 percent from 2011 until 2022, reaching an all time high of 25.29 percent in 2014 and a record low of 20 percent in 2017. In Malaysia, 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 Malaysia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides – Malaysia Social Security Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.

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