Taxes on goods and services in Thailand
Thailand: Taxes on goods and services was 9.3% in 2024. ▲ Rising
Taxes on goods and services in Thailand, 1993–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
In 2024, taxes on goods and services in Thailand stood at 9.3%.
That represents a change of down 6.6% over ten years.
Over the whole period, taxes on goods and services in Thailand peaked at 10.7% in 2013 and was at its lowest, 7.1%, in 2001.
Thailand ranks 83rd of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Taxes on goods and services in Thailand, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1993 | 7.9% | — |
| 1994 | 8.1% | +2.8% |
| 1995 | 8.3% | +2.7% |
| 1996 | 8.7% | +4.4% |
| 1997 | 8.7% | +0.4% |
| 1998 | 8.6% | -1.2% |
| 1999 | 7.6% | -11.3% |
| 2000 | 7.2% | -6.2% |
| 2001 | 7.1% | -0.2% |
| 2002 | 7.5% | +5.4% |
| 2003 | 8.1% | +7.9% |
| 2004 | 8.1% | -0.1% |
| 2005 | 8.7% | +7.3% |
| 2006 | 8.3% | -4.9% |
| 2007 | 8.0% | -3.1% |
| 2008 | 7.7% | -3.7% |
| 2009 | 7.4% | -4.1% |
| 2010 | 8.5% | +15.4% |
| 2011 | 8.9% | +3.5% |
| 2012 | 8.4% | -5.4% |
| 2013 | 10.7% | +27.4% |
| 2014 | 9.9% | -7.0% |
| 2015 | 10.4% | +4.8% |
| 2016 | 10.0% | -3.6% |
| 2017 | 9.9% | -1.6% |
| 2018 | 9.8% | -0.2% |
| 2019 | 9.4% | -5.0% |
| 2020 | 9.5% | +2.1% |
| 2021 | 9.5% | -0.2% |
| 2022 | 9.1% | -4.3% |
| 2023 | 9.3% | +1.6% |
| 2024 | 9.3% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.3% | 7.6% | 8.7% | 7 |
| 2000s | 7.8% | 7.1% | 8.7% | 10 |
| 2010s | 9.6% | 8.4% | 10.7% | 10 |
| 2020s | 9.3% | 9.1% | 9.5% | 5 |
Countries ranked near Thailand
- 80 Tanzania, United Republic of 9.5% compare
- 81 Dominican Republic 9.5% compare
- 82 Uganda 9.4% compare
- 84 Peru 9.1% compare
- 85 Russian Federation 9.0% compare
- 86 France 9.0% 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 in Thailand?
- Taxes on goods and services in Thailand was 9.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Thailand?
- The highest recorded value was 10.7% in 2013.
- What is the lowest taxes on goods and services recorded in Thailand?
- The lowest recorded value was 7.1% in 2001.
- How does Thailand rank for taxes on goods and services?
- Thailand ranks 83rd out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Thailand?
- Over the last ten years it is down 6.6%. 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 Taxes on goods and services (% value added of industry and services). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.