SO · AfricaTH · Asia
Somalia vs Thailand: tax rates compared
Thailand has an income tax rate of 35%, 17pp above Somalia's 18%. The 200-country average is 28%: Somalia sits below it, Thailand sits above it. Somalia's figure is dated 2025-11-01 and Thailand's 2026-02-02, so the two rates come from different data vintages.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | SO | TH | Difference |
|---|---|---|---|
| Income Tax | 18% | 35% | TH +17 pplargest gap |
| Corporate Tax | 15% | 20% | TH +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Somalia | 18% | Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01 |
| Thailand | 35% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02 |
| Difference | −17 pp | Thailand higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Somalia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Thailand | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Thailand higher |
Thailand has a corporate tax rate of 20%, 5pp above Somalia's 15%. The 201-country average is 22.6%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Somalia | 0% | Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
Somalia and Thailand share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.