Sri Lanka vs Thailand: Taxes on income, profits and capital gains
Sri Lanka
29.6%
in 2023
Thailand
29.9%
in 2024
Sri Lanka rank
47th
Thailand rank
46th
Taxes on income, profits and capital gains over time
- Sri Lanka
- Thailand
How they compare
Thailand currently reports 29.9% against 29.6% in Sri Lanka, a difference of 0.3%.
Across all 34 years both countries report, Thailand has been ahead every year.
Sri Lanka ranks 47th and Thailand ranks 46th of 153 countries.
Thailand has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Sri Lanka | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.2% | 28.5% | 16.4% | Thailand |
| 2000s | 15.2% | 33.2% | 17.9% | Thailand |
| 2010s | 17.0% | 32.4% | 15.4% | Thailand |
| 2020s | 23.3% | 30.5% | 7.3% | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Sri Lanka or Thailand?
- Thailand, at 29.9% against 29.6% in Sri Lanka as of 2024.
- What is the difference in taxes on income, profits and capital gains between Sri Lanka and Thailand?
- 0.3%, with Thailand ahead.
- How many years of comparable data are there for Sri Lanka and Thailand?
- 34 years are reported by both, from 1990 to 2023.
- How do Sri Lanka and Thailand rank globally for taxes on income, profits and capital gains?
- Sri Lanka ranks 47th and Thailand ranks 46th 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.