Taxes on income, profits and capital gains in Thailand
Thailand: Taxes on income, profits and capital gains was 1.13 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
1.13 trillion current LCU
Change on year
up 0.9%
World rank
33rd
of 153 countries
All-time high
1.13 trillion current LCU
in 2024
All-time low
2.55 billion current LCU
in 1972
Years of data
53
1972–2024
Taxes on income, profits and capital gains in Thailand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on income, profits and capital gains in Thailand is 1.13 trillion current LCU, measured in 2024. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 28.2% over ten years.
Over the whole period, taxes on income, profits and capital gains in Thailand peaked at 1.13 trillion current LCU in 2024 and was at its lowest, 2.55 billion current LCU, in 1972.
That places Thailand 33rd out of 153 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on income, profits and capital gains in Thailand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 2.55 billion current LCU | — |
| 1973 | 3.17 billion current LCU | +24.2% |
| 1974 | 4.73 billion current LCU | +49.3% |
| 1975 | 6.10 billion current LCU | +29.0% |
| 1976 | 6.81 billion current LCU | +11.6% |
| 1977 | 8.16 billion current LCU | +19.9% |
| 1978 | 11.44 billion current LCU | +40.1% |
| 1979 | 13.74 billion current LCU | +20.1% |
| 1980 | 16.85 billion current LCU | +22.6% |
| 1981 | 21.58 billion current LCU | +28.1% |
| 1982 | 24.43 billion current LCU | +13.2% |
| 1983 | 26.71 billion current LCU | +9.3% |
| 1984 | 31.10 billion current LCU | +16.5% |
| 1985 | 33.74 billion current LCU | +8.5% |
| 1986 | 35.66 billion current LCU | +5.7% |
| 1987 | 35.73 billion current LCU | +0.2% |
| 1988 | 49.85 billion current LCU | +39.5% |
| 1989 | 65.23 billion current LCU | +30.9% |
| 1990 | 97.72 billion current LCU | +49.8% |
| 1991 | 123.69 billion current LCU | +26.6% |
| 1992 | 137.22 billion current LCU | +10.9% |
| 1993 | 159.05 billion current LCU | +15.9% |
| 1994 | 199.40 billion current LCU | +25.4% |
| 1995 | 241.81 billion current LCU | +21.3% |
| 1996 | 277.67 billion current LCU | +14.8% |
| 1997 | 276.24 billion current LCU | -0.5% |
| 1998 | 214.89 billion current LCU | -22.2% |
| 1999 | 213.67 billion current LCU | -0.6% |
| 2000 | 235.42 billion current LCU | +10.2% |
| 2001 | 253.57 billion current LCU | +7.7% |
| 2002 | 279.33 billion current LCU | +10.2% |
| 2003 | 332.60 billion current LCU | +19.1% |
| 2004 | 407.87 billion current LCU | +22.6% |
| 2005 | 491.80 billion current LCU | +20.6% |
| 2006 | 576.67 billion current LCU | +17.3% |
| 2007 | 614.88 billion current LCU | +6.6% |
| 2008 | 712.70 billion current LCU | +15.9% |
| 2009 | 638.40 billion current LCU | -10.4% |
| 2010 | 682.86 billion current LCU | +7.0% |
| 2011 | 852.75 billion current LCU | +24.9% |
| 2012 | 863.27 billion current LCU | +1.2% |
| 2013 | 943.21 billion current LCU | +9.3% |
| 2014 | 881.59 billion current LCU | -6.5% |
| 2015 | 895.21 billion current LCU | +1.5% |
| 2016 | 894.06 billion current LCU | -0.1% |
| 2017 | 893.75 billion current LCU | -0.0% |
| 2018 | 975.03 billion current LCU | +9.1% |
| 2019 | 1.03 trillion current LCU | +5.8% |
| 2020 | 912.62 billion current LCU | -11.6% |
| 2021 | 923.79 billion current LCU | +1.2% |
| 2022 | 1.06 trillion current LCU | +15.2% |
| 2023 | 1.12 trillion current LCU | +5.3% |
| 2024 | 1.13 trillion current LCU | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.09 billion current LCU | 2.55 billion current LCU | 13.74 billion current LCU | 8 |
| 1980s | 34.09 billion current LCU | 16.85 billion current LCU | 65.23 billion current LCU | 10 |
| 1990s | 194.14 billion current LCU | 97.72 billion current LCU | 277.67 billion current LCU | 10 |
| 2000s | 454.32 billion current LCU | 235.42 billion current LCU | 712.70 billion current LCU | 10 |
| 2010s | 891.37 billion current LCU | 682.86 billion current LCU | 1.03 trillion current LCU | 10 |
| 2020s | 1.03 trillion current LCU | 912.62 billion current LCU | 1.13 trillion current LCU | 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 taxes on income, profits and capital gains in Thailand?
- Taxes on income, profits and capital gains in Thailand was 1.13 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Thailand?
- The highest recorded value was 1.13 trillion current LCU in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Thailand?
- The lowest recorded value was 2.55 billion current LCU in 1972.
- How does Thailand rank for taxes on income, profits and capital gains?
- Thailand ranks 33rd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Thailand?
- Over the last ten years it is up 28.2%. 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.