Effective tax rates: Corporate tax statistics … Effective average in Thailand
Thailand: Effective tax rates: Corporate tax statistics … Effective average was 18.11 Percentage of taxable income in 2025. ▲ Rising
Effective tax rates - Corporate tax statistics — Effective average in Thailand, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
The most recent figure for effective tax rates - corporate tax statistics — effective average in Thailand is 18.11 Percentage of taxable income, measured in 2025. That is the highest value across all 9 years on record.
The figure is up 1.3% on the previous year and up 7.9% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective average in Thailand peaked at 18.11 Percentage of taxable income in 2025 and was at its lowest, 16.59 Percentage of taxable income, in 2019.
That places Thailand 71st out of 99 countries with data for 2025, putting it in the middle of the range.
Effective tax rates: Corporate tax statistics … Effective average in Thailand, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 16.77 Percentage of taxable income | — |
| 2018 | 16.67 Percentage of taxable income | -0.6% |
| 2019 | 16.59 Percentage of taxable income | -0.5% |
| 2020 | 16.73 Percentage of taxable income | +0.8% |
| 2021 | 16.97 Percentage of taxable income | +1.4% |
| 2022 | 17.95 Percentage of taxable income | +5.8% |
| 2023 | 17.98 Percentage of taxable income | +0.2% |
| 2024 | 17.87 Percentage of taxable income | -0.6% |
| 2025 | 18.11 Percentage of taxable income | +1.3% |
Thailand compared with similar countries
- Thailand's 18.11 Percentage of taxable income is below the median for upper middle income countries, which is 26.94 Percentage of taxable income, 67% of the median. (24 countries reporting)
- Thailand's 18.11 Percentage of taxable income is below the median for East Asia & Pacific, which is 26.84 Percentage of taxable income, 67% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.68 Percentage of taxable income | 16.59 Percentage of taxable income | 16.77 Percentage of taxable income | 3 |
| 2020s | 17.6 Percentage of taxable income | 16.73 Percentage of taxable income | 18.11 Percentage of taxable income | 6 |
Countries ranked near Thailand
- 68 Latvia 19.09 Percentage of taxable income compare
- 69 Switzerland 19 Percentage of taxable income compare
- 70 Lithuania 18.38 Percentage of taxable income compare
- 72 Croatia 18.04 Percentage of taxable income compare
- 73 United States 18.04 Percentage of taxable income compare
- 74 Chile 17.95 Percentage of taxable income compare
More economy & growth data for Thailand
- Real gdp growth, annual growth rate -18.06 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.7 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 79.86 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.6567 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 58.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.87 % change on previous year (2025)
Frequently asked questions
- What is effective tax rates - corporate tax statistics — effective average in Thailand?
- Effective tax rates - corporate tax statistics — effective average in Thailand was 18.11 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates - corporate tax statistics — effective average recorded in Thailand?
- The highest recorded value was 18.11 Percentage of taxable income in 2025.
- What is the lowest effective tax rates - corporate tax statistics — effective average recorded in Thailand?
- The lowest recorded value was 16.59 Percentage of taxable income in 2019.
- How does Thailand rank for effective tax rates - corporate tax statistics — effective average?
- Thailand ranks 71st out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective average rising or falling in Thailand?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates - Corporate tax statistics — Effective average tax rate. Statizoid updates them automatically from the source API.
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About this data
This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.