The Social Security Rate in Thailand stands at 10 percent.

Social Security Rate in Thailand averaged 9.71 percent from 2006 until 2019, reaching an all time high of 10 percent in 2007 and a record low of 8 percent in 2012. This page provides - Thailand Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Social Security Rate - values, historical data and charts - was last updated on September of 2020.

Social Security Rate in Thailand is expected to reach 10.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Social Security Rate is projected to trend around 10.00 percent in 2021, according to our econometric models.

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Thailand Social Security Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 10.00 8.00 2006 - 2019 percent Yearly

Thailand Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 30.00 20.00 percent [+]
Personal Income Tax Rate 35.00 35.00 37.00 35.00 percent [+]
Sales Tax Rate 7.00 7.00 7.00 7.00 percent [+]
Social Security Rate 10.00 10.00 10.00 8.00 percent [+]
Social Security Rate For Companies 5.00 5.00 5.00 4.00 percent [+]
Social Security Rate For Employees 5.00 5.00 5.00 4.00 percent [+]

Thailand Social Security Rate
In Thailand, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Thailand because they help to pay for many social programs including welfare, health care and many other benefits.