ET · AfricaTH · Asia

Ethiopia vs Thailand: tax rates compared

Ethiopia's income tax rate is identical to Thailand's — both sit at 35%. The 200-country average is 28%: both sit above it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income35%Corporate20%30%VAT7%15%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax ET THDifference
Income Tax35%35%match
Corporate Tax30%20%ET +10 pp
VAT15%7%ET +8 pp
Capital Gains Tax15%0%ET +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Ethiopia35%Source: PwC Worldwide Tax Summaries — Ethiopia, Individual - Taxes on personal income · as of 2026-07-15
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ethiopia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Thailand20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppEthiopia higher

Ethiopia's corporate tax rate is 10pp higher than Thailand's (30% vs 20%). The 201-country average is 22.6%: Ethiopia sits above it, Thailand sits below it.

VAT

VAT, side by side
CountryRateSource
Ethiopia15%Source: PWC Worldwide Tax Summaries — Ethiopia (Corporate, Other taxes) · as of 2026-07-15
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Difference+8 ppEthiopia higher

Ethiopia's VAT rate is 8pp higher than Thailand's (15% vs 7%). The 181-country average is 15%: Ethiopia matches the world average, Thailand sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Ethiopia15%Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference+15 ppEthiopia higher

Ethiopia's capital gains tax rate is 15pp higher than Thailand's (15% vs 0%). The 175-country average is 10.3%: Ethiopia sits above it, Thailand sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Ethiopia0%Source: PWC Worldwide Tax Summaries — Ethiopia (Individual, Other taxes) · as of 2026-07-15
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

Ethiopia's wealth tax rate is identical to Thailand's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.