Taxes on goods and services (current LCU), per unit of GDP in Thailand
Thailand: Taxes on goods and services (current LCU), per unit of GDP was 2.98 current LCU per US$ of GDP in 2024. ▲ Rising
Latest (2024)
2.98 current LCU per US$ of GDP
Change on year
up 1.1%
World rank
61st
of 157 countries
All-time high
3.25 current LCU per US$ of GDP
in 2015
All-time low
1.11 current LCU per US$ of GDP
in 1973
Years of data
53
1972–2024
Taxes on goods and services (current LCU), per unit of GDP in Thailand, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, taxes on goods and services (current lcu), per unit of gdp in Thailand stood at 2.98 current LCU per US$ of GDP.
Compared with earlier readings it is up 1.1% on the previous year and up 2.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Thailand peaked at 3.25 current LCU per US$ of GDP in 2015 and was at its lowest, 1.11 current LCU per US$ of GDP, in 1973.
Thailand ranks 61st of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Thailand, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 1.22 current LCU per US$ of GDP | — |
| 1973 | 1.11 current LCU per US$ of GDP | -9.4% |
| 1974 | 1.25 current LCU per US$ of GDP | +13.6% |
| 1975 | 1.15 current LCU per US$ of GDP | -8.0% |
| 1976 | 1.17 current LCU per US$ of GDP | +1.6% |
| 1977 | 1.26 current LCU per US$ of GDP | +7.1% |
| 1978 | 1.21 current LCU per US$ of GDP | -3.6% |
| 1979 | 1.3 current LCU per US$ of GDP | +7.5% |
| 1980 | 1.39 current LCU per US$ of GDP | +6.4% |
| 1981 | 1.53 current LCU per US$ of GDP | +10.1% |
| 1982 | 1.57 current LCU per US$ of GDP | +3.2% |
| 1983 | 1.83 current LCU per US$ of GDP | +16.4% |
| 1984 | 1.74 current LCU per US$ of GDP | -5.0% |
| 1985 | 1.96 current LCU per US$ of GDP | +12.4% |
| 1986 | 1.98 current LCU per US$ of GDP | +1.2% |
| 1987 | 2 current LCU per US$ of GDP | +0.8% |
| 1988 | 1.97 current LCU per US$ of GDP | -1.1% |
| 1989 | 2.09 current LCU per US$ of GDP | +6.2% |
| 1990 | 2.09 current LCU per US$ of GDP | -0.3% |
| 1991 | 2.21 current LCU per US$ of GDP | +5.9% |
| 1992 | 1.94 current LCU per US$ of GDP | -12.5% |
| 1993 | 1.83 current LCU per US$ of GDP | -5.5% |
| 1994 | 1.86 current LCU per US$ of GDP | +1.4% |
| 1995 | 1.88 current LCU per US$ of GDP | +1.2% |
| 1996 | 1.99 current LCU per US$ of GDP | +6.2% |
| 1997 | 2.48 current LCU per US$ of GDP | +24.3% |
| 1998 | 3.19 current LCU per US$ of GDP | +28.6% |
| 1999 | 2.63 current LCU per US$ of GDP | -17.6% |
| 2000 | 2.62 current LCU per US$ of GDP | -0.1% |
| 2001 | 2.9 current LCU per US$ of GDP | +10.5% |
| 2002 | 2.95 current LCU per US$ of GDP | +1.8% |
| 2003 | 3.05 current LCU per US$ of GDP | +3.3% |
| 2004 | 2.96 current LCU per US$ of GDP | -3.0% |
| 2005 | 3.18 current LCU per US$ of GDP | +7.4% |
| 2006 | 2.84 current LCU per US$ of GDP | -10.6% |
| 2007 | 2.51 current LCU per US$ of GDP | -11.6% |
| 2008 | 2.31 current LCU per US$ of GDP | -7.8% |
| 2009 | 2.29 current LCU per US$ of GDP | -1.0% |
| 2010 | 2.42 current LCU per US$ of GDP | +5.8% |
| 2011 | 2.39 current LCU per US$ of GDP | -1.5% |
| 2012 | 2.3 current LCU per US$ of GDP | -3.5% |
| 2013 | 2.91 current LCU per US$ of GDP | +26.2% |
| 2014 | 2.9 current LCU per US$ of GDP | -0.3% |
| 2015 | 3.25 current LCU per US$ of GDP | +12.0% |
| 2016 | 3.24 current LCU per US$ of GDP | -0.2% |
| 2017 | 3.07 current LCU per US$ of GDP | -5.3% |
| 2018 | 2.92 current LCU per US$ of GDP | -4.8% |
| 2019 | 2.67 current LCU per US$ of GDP | -8.7% |
| 2020 | 2.73 current LCU per US$ of GDP | +2.2% |
| 2021 | 2.78 current LCU per US$ of GDP | +1.9% |
| 2022 | 2.92 current LCU per US$ of GDP | +5.0% |
| 2023 | 2.95 current LCU per US$ of GDP | +1.0% |
| 2024 | 2.98 current LCU per US$ of GDP | +1.1% |
Thailand compared with similar countries
- Thailand's 2.98 current LCU per US$ of GDP is above the median for upper middle income countries, which is 1.74 current LCU per US$ of GDP, 1.7× the median. (48 countries reporting)
- Thailand's 2.98 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 0.3173 current LCU per US$ of GDP, 9.4× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.21 current LCU per US$ of GDP | 1.11 current LCU per US$ of GDP | 1.3 current LCU per US$ of GDP | 8 |
| 1980s | 1.81 current LCU per US$ of GDP | 1.39 current LCU per US$ of GDP | 2.09 current LCU per US$ of GDP | 10 |
| 1990s | 2.21 current LCU per US$ of GDP | 1.83 current LCU per US$ of GDP | 3.19 current LCU per US$ of GDP | 10 |
| 2000s | 2.76 current LCU per US$ of GDP | 2.29 current LCU per US$ of GDP | 3.18 current LCU per US$ of GDP | 10 |
| 2010s | 2.81 current LCU per US$ of GDP | 2.3 current LCU per US$ of GDP | 3.25 current LCU per US$ of GDP | 10 |
| 2020s | 2.87 current LCU per US$ of GDP | 2.73 current LCU per US$ of GDP | 2.98 current LCU per US$ of GDP | 5 |
Countries ranked near Thailand
- 58 Uruguay 3.51 current LCU per US$ of GDP compare
- 59 Lesotho 3.22 current LCU per US$ of GDP compare
- 60 Benin 3.18 current LCU per US$ of GDP compare
- 62 Afghanistan 2.84 current LCU per US$ of GDP compare
- 63 Moldova 2.51 current LCU per US$ of GDP compare
- 64 India 2.46 current LCU per US$ of GDP compare
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)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 33.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Thailand?
- Taxes on goods and services (current lcu), per unit of gdp in Thailand was 2.98 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Thailand?
- The highest recorded value was 3.25 current LCU per US$ of GDP in 2015.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Thailand?
- The lowest recorded value was 1.11 current LCU per US$ of GDP in 1973.
- How does Thailand rank for taxes on goods and services (current lcu), per unit of gdp?
- Thailand ranks 61st out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Thailand?
- Over the last ten years it is up 2.8%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.