Armenia vs Thailand: Paying taxes: Profit tax
Armenia
21.8%
in 2019
Thailand
22.2%
in 2019
Armenia rank
48th
Thailand rank
46th
Paying taxes: Profit tax over time
- Armenia
- Thailand
How they compare
Thailand currently reports 22.2% against 21.8% in Armenia, a difference of 0.4%.
Across all 15 years both countries report, Thailand has been ahead every year.
Armenia ranks 48th and Thailand ranks 46th of 190 countries.
Thailand has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.2% | 28.9% | 13.7% | Thailand |
| 2010s | 17.3% | 23.9% | 6.6% | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Armenia or Thailand?
- Thailand, at 22.2% against 21.8% in Armenia as of 2019.
- What is the difference in paying taxes: profit tax between Armenia and Thailand?
- 0.4%, with Thailand ahead.
- How many years of comparable data are there for Armenia and Thailand?
- 15 years are reported by both, from 2005 to 2019.
- How do Armenia and Thailand rank globally for paying taxes: profit tax?
- Armenia ranks 48th and Thailand ranks 46th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.