Taxes on goods and services (current LCU), annual growth rate in Thailand
Thailand: Taxes on goods and services (current LCU), annual growth rate was 3.48 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Thailand, 1973–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes on goods and services (current lcu), annual growth rate in Thailand stood at 3.48 % change on previous year.
Compared with earlier readings it is down 34.8% on the previous year and up 202.5% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Thailand peaked at 43.58 % change on previous year in 1974 and was at its lowest, -8.22 % change on previous year, in 1999.
That places Thailand 121st out of 156 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Thailand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 20.07 % change on previous year | — |
| 1974 | 43.58 % change on previous year | +117.2% |
| 1975 | -0.0872 % change on previous year | -100.2% |
| 1976 | 15.92 % change on previous year | -18355.9% |
| 1977 | 24.76 % change on previous year | +55.5% |
| 1978 | 17.06 % change on previous year | -31.1% |
| 1979 | 22.55 % change on previous year | +32.2% |
| 1980 | 25.74 % change on previous year | +14.2% |
| 1981 | 18.58 % change on previous year | -27.8% |
| 1982 | 8.36 % change on previous year | -55.0% |
| 1983 | 27.39 % change on previous year | +227.8% |
| 1984 | -0.8615 % change on previous year | -103.1% |
| 1985 | 4.64 % change on previous year | -638.8% |
| 1986 | 12.12 % change on previous year | +161.2% |
| 1987 | 18.2 % change on previous year | +50.1% |
| 1988 | 20.63 % change on previous year | +13.3% |
| 1989 | 24.39 % change on previous year | +18.2% |
| 1990 | 17.77 % change on previous year | -27.1% |
| 1991 | 21.89 % change on previous year | +23.2% |
| 1992 | -0.6914 % change on previous year | -103.2% |
| 1993 | 9.27 % change on previous year | -1441.0% |
| 1994 | 15.44 % change on previous year | +66.5% |
| 1995 | 16.82 % change on previous year | +9.0% |
| 1996 | 14.83 % change on previous year | -11.8% |
| 1997 | 1.97 % change on previous year | -86.7% |
| 1998 | -2.65 % change on previous year | -234.2% |
| 1999 | -8.22 % change on previous year | +210.3% |
| 2000 | -0.2805 % change on previous year | -96.6% |
| 2001 | 5.13 % change on previous year | -1929.9% |
| 2002 | 13.66 % change on previous year | +166.1% |
| 2003 | 17.13 % change on previous year | +25.4% |
| 2004 | 10.12 % change on previous year | -40.9% |
| 2005 | 17.63 % change on previous year | +74.3% |
| 2006 | 4.69 % change on previous year | -73.4% |
| 2007 | 4.79 % change on previous year | +2.2% |
| 2008 | 2.18 % change on previous year | -54.5% |
| 2009 | -4.26 % change on previous year | -295.2% |
| 2010 | 28.1 % change on previous year | -759.9% |
| 2011 | 7.03 % change on previous year | -75.0% |
| 2012 | 3.48 % change on previous year | -50.4% |
| 2013 | 33.42 % change on previous year | +859.6% |
| 2014 | -3.39 % change on previous year | -110.2% |
| 2015 | 10.38 % change on previous year | -406.0% |
| 2016 | 2.79 % change on previous year | -73.2% |
| 2017 | 4.59 % change on previous year | +64.6% |
| 2018 | 5.7 % change on previous year | +24.2% |
| 2019 | -1.97 % change on previous year | -134.6% |
| 2020 | -5.97 % change on previous year | +203.2% |
| 2021 | 3.12 % change on previous year | -152.3% |
| 2022 | 2.81 % change on previous year | -9.9% |
| 2023 | 5.34 % change on previous year | +89.9% |
| 2024 | 3.48 % change on previous year | -34.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.55 % change on previous year | -0.0872 % change on previous year | 43.58 % change on previous year | 7 |
| 1980s | 15.92 % change on previous year | -0.8615 % change on previous year | 27.39 % change on previous year | 10 |
| 1990s | 8.64 % change on previous year | -8.22 % change on previous year | 21.89 % change on previous year | 10 |
| 2000s | 7.08 % change on previous year | -4.26 % change on previous year | 17.63 % change on previous year | 10 |
| 2010s | 9.01 % change on previous year | -3.39 % change on previous year | 33.42 % change on previous year | 10 |
| 2020s | 1.76 % change on previous year | -5.97 % change on previous year | 5.34 % change on previous year | 5 |
Countries ranked near Thailand
- 118 Morocco 4.24 % change on previous year compare
- 119 Norway 3.81 % change on previous year compare
- 120 Eswatini 3.5 % change on previous year compare
- 122 Colombia 3.09 % change on previous year compare
- 123 Guinea-Bissau 2.47 % change on previous year compare
- 124 South Africa 2.16 % change on previous year compare
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 taxes on goods and services (current lcu), annual growth rate in Thailand?
- Taxes on goods and services (current lcu), annual growth rate in Thailand was 3.48 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Thailand?
- The highest recorded value was 43.58 % change on previous year in 1974.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Thailand?
- The lowest recorded value was -8.22 % change on previous year in 1999.
- How does Thailand rank for taxes on goods and services (current lcu), annual growth rate?
- Thailand ranks 121st out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Thailand?
- Over the last ten years it is up 202.5%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.