Mexico vs Thailand: Taxes on goods and services
Taxes on goods and services over time
- Mexico
- Thailand
How they compare
Mexico currently reports 2.07 trillion current LCU against 1.58 trillion current LCU in Thailand, a difference of 488.45 billion current LCU.
That makes Mexico's figure about 1.3 times Thailand's.
The two have swapped places 3 times across 46 shared years of data; in 1972 it was Thailand ahead.
Mexico ranks 26th and Thailand ranks 29th of 157 countries.
Across the 6 decades both report, Mexico averaged higher in 1 and Thailand in 5.
Head to head by decade
| Decade | Mexico | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 71.38 million current LCU | 20.73 billion current LCU | 20.66 billion current LCU | Thailand |
| 1980s | 12.69 billion current LCU | 83.69 billion current LCU | 71.00 billion current LCU | Thailand |
| 1990s | 173.09 billion current LCU | 286.94 billion current LCU | 113.85 billion current LCU | Thailand |
| 2000s | 529.86 billion current LCU | 550.40 billion current LCU | 20.54 billion current LCU | Thailand |
| 2010s | 958.03 billion current LCU | 1.20 trillion current LCU | 242.28 billion current LCU | Thailand |
| 2020s | 1.68 trillion current LCU | 1.46 trillion current LCU | 218.88 billion current LCU | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Mexico or Thailand?
- Mexico, at 2.07 trillion current LCU against 1.58 trillion current LCU in Thailand as of 2024.
- What is the difference in taxes on goods and services between Mexico and Thailand?
- 488.45 billion current LCU, with Mexico ahead.
- How many years of comparable data are there for Mexico and Thailand?
- 46 years are reported by both, from 1972 to 2024.
- How do Mexico and Thailand rank globally for taxes on goods and services?
- Mexico ranks 26th and Thailand ranks 29th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.