JM · Americas ↔ TH · Asia

Jamaica vs Thailand: tax rates compared

Between the two, Jamaica's corporate tax rate (25%) tops Thailand's (20%) by 5pp. The 201-country average is 22.6%: Jamaica sits above it, Thailand sits below it.

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

Corporate Tax

0102030405060World avg 22.6%JM 25%TH 20%
Corporate Tax, side by side
CountryRateSource
Jamaica25%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+5 ppJamaica higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%JM 0%TH 0%
Wealth Tax, side by side
CountryRateSource
Jamaica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

There's no gap here — Jamaica and Thailand both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Jamaica's figure is dated 2025-12-31 and Thailand's 2026-02-02, so the two rates come from different data vintages.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.