TH · AsiaYE · Asia

Thailand vs Yemen: tax rates compared

Thailand has an income tax rate of 35%, 15pp above Yemen's 20%. The 200-country average is 28%: Thailand sits above it, Yemen sits below it. Thailand's figure is dated 2026-02-02 and Yemen's 2011-01-01, 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

0102030405060Income20%35%Corporate20%Wealth Tax0%
three shared taxes, side by side
Tax TH YEDifference
Income Tax35%20%TH +15 pplargest gap
Corporate Tax20%20%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Yemen20%Source: Yemen Tax Authority — Executive Regulations of Income Tax Law No. 17 of 2010 (Minister of Finance Decision No. 508 of 2010), Articles 76-77 · as of 2011-01-01
Difference+15 ppThailand higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Thailand20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Yemen20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Thailand and Yemen share the same corporate tax rate: 20%. The 201-country average is 22.6%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Yemen0%Source: Yemen Tax Authority — About the Tax Authority · as of 2026-07-18
Difference0 ppdisplayed rates match

Thailand and Yemen 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.