Paying taxes: Profit tax in Thailand
Thailand: Paying taxes: Profit tax was 22.2% in 2019. ▼ Falling
Paying taxes: Profit tax in Thailand, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in Thailand is 22.2%, measured in 2019.
The figure is down 24.7% over ten years.
Over the whole period, paying taxes: profit tax in Thailand peaked at 29.5% in 2009 and was at its lowest, 19.6%, in 2015.
Thailand ranks 46th of 190 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Profit tax in Thailand, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 29.0% | — |
| 2006 | 28.6% | -1.4% |
| 2007 | 29.0% | +1.4% |
| 2008 | 28.5% | -1.7% |
| 2009 | 29.5% | +3.5% |
| 2010 | 29.5% | +0.0% |
| 2011 | 29.5% | +0.0% |
| 2012 | 28.6% | -3.1% |
| 2013 | 22.7% | -20.6% |
| 2014 | 19.8% | -12.8% |
| 2015 | 19.6% | -1.0% |
| 2016 | 22.4% | +14.3% |
| 2017 | 22.6% | +0.9% |
| 2018 | 22.2% | -1.8% |
| 2019 | 22.2% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.9% | 28.5% | 29.5% | 5 |
| 2010s | 23.9% | 19.6% | 29.5% | 10 |
Countries ranked near Thailand
More reference data data for Thailand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.67 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.08 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.45 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.08 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.58 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.72 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 10.67 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 65.23 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.92 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Thailand?
- Paying taxes: profit tax in Thailand was 22.2% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Thailand?
- The highest recorded value was 29.5% in 2009.
- What is the lowest paying taxes: profit tax recorded in Thailand?
- The lowest recorded value was 19.6% in 2015.
- How does Thailand rank for paying taxes: profit tax?
- Thailand ranks 46th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Thailand?
- Over the last ten years it is down 24.7%. The long-run trend across the full record is falling.
- Where does this Thailand data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.