Tax revenue (current LCU) in Thailand
Thailand: Tax revenue (current LCU) was 2.84 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
2.84 trillion current LCU
Change on year
up 2.0%
World rank
34th
of 157 countries
All-time high
2.84 trillion current LCU
in 2024
All-time low
18.78 billion current LCU
in 1972
Years of data
53
1972–2024
Tax revenue in Thailand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Thailand recorded 2.84 trillion current LCU for tax revenue in 2024. That is the highest value across all 53 years on record.
That represents a change of up 2.0% on the previous year and up 29.9% over ten years.
Over the whole period, tax revenue in Thailand peaked at 2.84 trillion current LCU in 2024 and was at its lowest, 18.78 billion current LCU, in 1972.
Thailand ranks 34th of 157 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU) in Thailand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 18.78 billion current LCU | — |
| 1973 | 22.59 billion current LCU | +20.3% |
| 1974 | 35.13 billion current LCU | +55.5% |
| 1975 | 33.95 billion current LCU | -3.4% |
| 1976 | 37.37 billion current LCU | +10.1% |
| 1977 | 46.84 billion current LCU | +25.4% |
| 1978 | 56.93 billion current LCU | +21.5% |
| 1979 | 69.16 billion current LCU | +21.5% |
| 1980 | 87.07 billion current LCU | +25.9% |
| 1981 | 102.47 billion current LCU | +17.7% |
| 1982 | 106.38 billion current LCU | +3.8% |
| 1983 | 130.22 billion current LCU | +22.4% |
| 1984 | 139.38 billion current LCU | +7.0% |
| 1985 | 144.61 billion current LCU | +3.8% |
| 1986 | 154.32 billion current LCU | +6.7% |
| 1987 | 177.44 billion current LCU | +15.0% |
| 1988 | 230.96 billion current LCU | +30.2% |
| 1989 | 289.33 billion current LCU | +25.3% |
| 1990 | 369.18 billion current LCU | +27.6% |
| 1991 | 436.49 billion current LCU | +18.2% |
| 1992 | 441.39 billion current LCU | +1.1% |
| 1993 | 502.54 billion current LCU | +13.9% |
| 1994 | 591.57 billion current LCU | +17.7% |
| 1995 | 693.41 billion current LCU | +17.2% |
| 1996 | 775.86 billion current LCU | +11.9% |
| 1997 | 758.62 billion current LCU | -2.2% |
| 1998 | 648.26 billion current LCU | -14.5% |
| 1999 | 617.37 billion current LCU | -4.8% |
| 2000 | 657.90 billion current LCU | +6.6% |
| 2001 | 698.60 billion current LCU | +6.2% |
| 2002 | 777.18 billion current LCU | +11.2% |
| 2003 | 914.85 billion current LCU | +17.7% |
| 2004 | 1.03 trillion current LCU | +12.9% |
| 2005 | 1.22 trillion current LCU | +18.4% |
| 2006 | 1.31 trillion current LCU | +7.4% |
| 2007 | 1.37 trillion current LCU | +4.6% |
| 2008 | 1.49 trillion current LCU | +8.7% |
| 2009 | 1.37 trillion current LCU | -8.2% |
| 2010 | 1.61 trillion current LCU | +17.7% |
| 2011 | 1.85 trillion current LCU | +14.6% |
| 2012 | 1.91 trillion current LCU | +3.1% |
| 2013 | 2.29 trillion current LCU | +20.1% |
| 2014 | 2.18 trillion current LCU | -4.7% |
| 2015 | 2.32 trillion current LCU | +6.1% |
| 2016 | 2.35 trillion current LCU | +1.4% |
| 2017 | 2.40 trillion current LCU | +2.3% |
| 2018 | 2.57 trillion current LCU | +6.9% |
| 2019 | 2.60 trillion current LCU | +1.2% |
| 2020 | 2.38 trillion current LCU | -8.5% |
| 2021 | 2.44 trillion current LCU | +2.6% |
| 2022 | 2.63 trillion current LCU | +7.7% |
| 2023 | 2.78 trillion current LCU | +5.7% |
| 2024 | 2.84 trillion current LCU | +2.0% |
Thailand compared with similar countries
- Thailand's 2.84 trillion current LCU is above the median for upper middle income countries, which is 346.89 billion current LCU, 8.2× the median. (48 countries reporting)
- Thailand's 2.84 trillion current LCU is above the median for East Asia & Pacific, which is 106.40 billion current LCU, 26.6× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.09 billion current LCU | 18.78 billion current LCU | 69.16 billion current LCU | 8 |
| 1980s | 156.22 billion current LCU | 87.07 billion current LCU | 289.33 billion current LCU | 10 |
| 1990s | 583.47 billion current LCU | 369.18 billion current LCU | 775.86 billion current LCU | 10 |
| 2000s | 1.09 trillion current LCU | 657.90 billion current LCU | 1.49 trillion current LCU | 10 |
| 2010s | 2.21 trillion current LCU | 1.61 trillion current LCU | 2.60 trillion current LCU | 10 |
| 2020s | 2.61 trillion current LCU | 2.38 trillion current LCU | 2.84 trillion current LCU | 5 |
Countries ranked near Thailand
More public sector data for Thailand
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Thailand?
- Tax revenue in Thailand was 2.84 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Thailand?
- The highest recorded value was 2.84 trillion current LCU in 2024.
- What is the lowest tax revenue recorded in Thailand?
- The lowest recorded value was 18.78 billion current LCU in 1972.
- How does Thailand rank for tax revenue?
- Thailand ranks 34th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Thailand?
- Over the last ten years it is up 29.9%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.