Social Security Rate For Employees in Thailand remained unchanged at 5 percent in 2020 from 5 percent in 2019. source: Thailand Revenue Department

Social Security Rate For Employees in Thailand averaged 4.87 percent from 2006 until 2020, reaching an all time high of 5 percent in 2007 and a record low of 4 percent in 2012. This page provides - Thailand Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Social Security Rate For Employees - values, historical data and charts - was last updated on June of 2021.

Social Security Rate For Employees in Thailand is expected to reach 5.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Social Security Rate For Employees is projected to trend around 5.00 percent in 2022, according to our econometric models.

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Thailand Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 5.00 4.00 2006 - 2021 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 For Employees
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.