Social contributions in Thailand
Thailand: Social contributions was 190.33 billion current LCU in 2024. ◆ Volatile
Social contributions in Thailand, 1974–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for social contributions in Thailand is 190.33 billion current LCU, measured in 2024. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 16.5% on the previous year and up 48.5% over ten years.
Over the whole period, social contributions in Thailand peaked at 190.33 billion current LCU in 2024 and was at its lowest, 24.00 million current LCU, in 1974.
Thailand ranks 33rd of 112 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 65.50 million current LCU | 24.00 million current LCU | 114.00 million current LCU | 6 |
| 1980s | 260.00 million current LCU | 152.00 million current LCU | 394.00 million current LCU | 10 |
| 1990s | 8.46 billion current LCU | 441.00 million current LCU | 15.93 billion current LCU | 10 |
| 2000s | 58.72 billion current LCU | 27.06 billion current LCU | 84.90 billion current LCU | 10 |
| 2010s | 134.35 billion current LCU | 98.34 billion current LCU | 172.13 billion current LCU | 10 |
| 2020s | 146.45 billion current LCU | 107.24 billion current LCU | 190.33 billion current LCU | 5 |
Countries ranked near Thailand
More public sector data for Thailand
- Arms imports 73.00 million SIPRI trend indicator values (2024)
- Tax revenue 15.2% (2024)
- Taxes on income, profits and capital gains 29.9% (2024)
- Taxes on goods and services 41.7% (2024)
- Net investment in nonfinancial assets 2.3% (2024)
- Net lending (+) / net borrowing (-) -1.5% (2024)
- Interest payments 5.8% (2024)
- Grants and other revenue 20.0% (2024)
- Interest payments 5.5% (2023)
- Other taxes 0.6% (2024)
Frequently asked questions
- What is social contributions in Thailand?
- Social contributions in Thailand was 190.33 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Thailand?
- The highest recorded value was 190.33 billion current LCU in 2024.
- What is the lowest social contributions recorded in Thailand?
- The lowest recorded value was 24.00 million current LCU in 1974.
- How does Thailand rank for social contributions?
- Thailand ranks 33rd out of 112 countries with data for 2024.
- Is social contributions rising or falling in Thailand?
- Over the last ten years it is up 48.5%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.