Taxes on income, profits and capital gains (current LCU) in Thailand
Thailand: Taxes on income, profits and capital gains (current LCU) was 1.13 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
1.13 trillion current LCU
Change on year
up 0.9%
World rank
34th
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 34th 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 (current LCU) 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% |
Thailand compared with similar countries
- Thailand's 1.13 trillion current LCU is above the median for upper middle income countries, which is 135.99 billion current LCU, 8.3× the median. (48 countries reporting)
- Thailand's 1.13 trillion current LCU is above the median for East Asia & Pacific, which is 52.92 billion current LCU, 21.4× the median. (25 countries reporting)
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
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- 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)
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- Arms imports (SIPRI trend indicator values), annual growth rate -74.91 % change on previous year (2024)
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 34th 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.
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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.