Philippines vs Thailand: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Philippines
- Thailand
How they compare
Philippines currently reports 1.53 trillion current LCU against 1.13 trillion current LCU in Thailand, a difference of 402.13 billion current LCU.
That makes Philippines's figure about 1.4 times Thailand's.
The two have swapped places 1 time across 35 shared years of data; in 1990 it was Thailand ahead.
Philippines ranks 31st and Thailand ranks 33rd of 153 countries.
Across the 4 decades both report, Philippines averaged higher in 1 and Thailand in 3.
Head to head by decade
| Decade | Philippines | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 112.56 billion current LCU | 194.14 billion current LCU | 81.57 billion current LCU | Thailand |
| 2000s | 322.09 billion current LCU | 454.32 billion current LCU | 132.23 billion current LCU | Thailand |
| 2010s | 819.96 billion current LCU | 891.37 billion current LCU | 71.40 billion current LCU | Thailand |
| 2020s | 1.26 trillion current LCU | 1.03 trillion current LCU | 225.08 billion current LCU | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Philippines or Thailand?
- Philippines, at 1.53 trillion current LCU against 1.13 trillion current LCU in Thailand as of 2024.
- What is the difference in taxes on income, profits and capital gains between Philippines and Thailand?
- 402.13 billion current LCU, with Philippines ahead.
- How many years of comparable data are there for Philippines and Thailand?
- 35 years are reported by both, from 1990 to 2024.
- How do Philippines and Thailand rank globally for taxes on income, profits and capital gains?
- Philippines ranks 31st and Thailand ranks 33rd of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.