PROBLEM TO BE SOLVED: To provide a polyether-modified siloxane having excellent thickening properties for aqueous liquid.SOLUTION: The present invention provides a polyether-modified siloxane represented by formula (1), with the ratio of a molecular weight of Sx-(CH)CO moiety/a molecular weight of O(CHO)(CHO)moiety being 0.12 or less; and a thickener for aqueous liquid having the polyether-modified siloxane. Sx-(CH)COO-(CHO)-(CHO)-CO(CH)-Sx (1) (n is an integer of 50-10000; s is an integer satisfying 0≤s≤n/50; each Sx independently represents a straight-chain/side-chain organo (poly) siloxanyl group).SELECTED DRAWING: None【課題】水性液体に対する増粘性に優れるポリエーテル変性シロキサンの提供。【解決手段】式(1)で表され、Sx-(CH2)aCO部分の分子量/O(C2H4O)n(C3H6O)s部分の分子量の比が0.12以下である、ポリエーテル変性シロキサン。前記ポリエーテル変性シロキサンを有する水性液体用増粘剤。Sx-(CH2)aCOO-(C2H4O)n-(C3H6O)s-CO(CH2)a-Sx・・・(1)(nは50~10000の整数;sは0≦s≦n/50を満たす整数;Sxは各々独立に直鎖/側着のオルガノ(ポリ)シロキサニル基)【選択図】なし