South Africa vs Thailand: Paying taxes: Profit tax

South Africa
21.8%
in 2019
Thailand
22.2%
in 2019
South Africa rank
48th
Thailand rank
46th

Paying taxes: Profit tax over time

  • South Africa
  • Thailand
0102030200520122019

How they compare

Thailand currently reports 22.2% against 21.8% in South Africa, a difference of 0.4%.

The two have swapped places 2 times across 15 shared years of data; in 2005 it was Thailand ahead.

South Africa 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 South Africa Thailand Difference Ahead
2000s 24.3% 28.9% 4.6% Thailand
2010s 22.4% 23.9% 1.5% Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher paying taxes: profit tax, South Africa or Thailand?
Thailand, at 22.2% against 21.8% in South Africa as of 2019.
What is the difference in paying taxes: profit tax between South Africa and Thailand?
0.4%, with Thailand ahead.
How many years of comparable data are there for South Africa and Thailand?
15 years are reported by both, from 2005 to 2019.
How do South Africa and Thailand rank globally for paying taxes: profit tax?
South Africa 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.

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South Africa vs Thailand: Paying taxes: Profit tax. Statizoid. Retrieved 15 September 2026, from https://reference.statizoid.com/compare/paying-taxes-profit-tax-percent-of-profits/south-africa/thailand/

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About this data

Indicator
Paying taxes: Profit tax (% of profits)
Unit
% of profits
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 2,789 data points, 2005–2019
Last refreshed

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.