Tax revenue in Thailand
Thailand: Tax revenue was 15.2% in 2024. ▲ Rising
Tax revenue in Thailand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for tax revenue in Thailand is 15.2%, measured in 2024.
The figure is down 1.8% on the previous year and down 8.0% over ten years.
Over the whole period, tax revenue in Thailand peaked at 17.7% in 2013 and was at its lowest, 10.2%, in 1973.
That places Thailand 90th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Tax revenue in Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 11.0% | — |
| 1973 | 10.2% | -7.9% |
| 1974 | 12.6% | +23.7% |
| 1975 | 11.2% | -11.0% |
| 1976 | 10.8% | -3.7% |
| 1977 | 11.6% | +7.7% |
| 1978 | 11.7% | +0.5% |
| 1979 | 12.4% | +6.1% |
| 1980 | 13.1% | +6.2% |
| 1981 | 13.5% | +2.5% |
| 1982 | 12.6% | -6.2% |
| 1983 | 14.1% | +11.9% |
| 1984 | 14.1% | -0.2% |
| 1985 | 13.7% | -3.0% |
| 1986 | 13.6% | -0.5% |
| 1987 | 13.7% | +0.2% |
| 1988 | 14.8% | +8.5% |
| 1989 | 15.6% | +5.2% |
| 1990 | 16.9% | +8.5% |
| 1991 | 17.4% | +3.0% |
| 1992 | 15.6% | -10.5% |
| 1993 | 15.4% | -1.2% |
| 1994 | 16.0% | +4.1% |
| 1995 | 16.4% | +2.5% |
| 1996 | 16.7% | +1.7% |
| 1997 | 16.1% | -3.7% |
| 1998 | 13.8% | -14.4% |
| 1999 | 12.9% | -6.5% |
| 2000 | 13.0% | +0.7% |
| 2001 | 13.1% | +0.7% |
| 2002 | 13.5% | +3.1% |
| 2003 | 14.5% | +7.5% |
| 2004 | 14.9% | +2.6% |
| 2005 | 16.1% | +8.1% |
| 2006 | 15.6% | -2.6% |
| 2007 | 15.1% | -3.2% |
| 2008 | 15.4% | +1.6% |
| 2009 | 14.2% | -7.7% |
| 2010 | 14.9% | +5.2% |
| 2011 | 16.4% | +9.6% |
| 2012 | 15.4% | -5.6% |
| 2013 | 17.7% | +14.9% |
| 2014 | 16.5% | -7.0% |
| 2015 | 16.9% | +2.1% |
| 2016 | 16.1% | -4.5% |
| 2017 | 15.5% | -3.6% |
| 2018 | 15.7% | +1.2% |
| 2019 | 15.4% | -1.9% |
| 2020 | 15.2% | -1.3% |
| 2021 | 15.1% | -0.7% |
| 2022 | 15.1% | +0.3% |
| 2023 | 15.5% | +2.1% |
| 2024 | 15.2% | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.4% | 10.2% | 12.6% | 8 |
| 1980s | 13.9% | 12.6% | 15.6% | 10 |
| 1990s | 15.7% | 12.9% | 17.4% | 10 |
| 2000s | 14.5% | 13.0% | 16.1% | 10 |
| 2010s | 16.1% | 14.9% | 17.7% | 10 |
| 2020s | 15.2% | 15.1% | 15.5% | 5 |
Countries ranked near Thailand
More public sector data for Thailand
- Arms imports 73.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.02 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -74.91 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 73.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 77.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0104 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -3.89 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 5.52 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 569.59 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Thailand?
- Tax revenue in Thailand was 15.2% 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 17.7% in 2013.
- What is the lowest tax revenue recorded in Thailand?
- The lowest recorded value was 10.2% in 1973.
- How does Thailand rank for tax revenue?
- Thailand ranks 90th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Thailand?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.