Taxes on international trade in Thailand
Thailand: Taxes on international trade was 2.8% in 2024. ◆ Volatile
Taxes on international trade in Thailand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Thailand recorded 2.8% for taxes on international trade in 2024.
That represents a change of down 12.7% on the previous year and down 27.9% over ten years.
Over the whole period, taxes on international trade in Thailand peaked at 34.4% in 1974 and was at its lowest, 2.7%, in 2020.
Thailand ranks 92nd of 154 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade in Thailand, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 27.4% | — |
| 1973 | 27.3% | -0.5% |
| 1974 | 34.4% | +25.9% |
| 1975 | 26.8% | -21.9% |
| 1976 | 24.5% | -8.9% |
| 1977 | 25.9% | +5.8% |
| 1978 | 25.2% | -2.6% |
| 1979 | 25.1% | -0.5% |
| 1980 | 25.6% | +2.2% |
| 1981 | 23.1% | -10.0% |
| 1982 | 19.5% | -15.3% |
| 1983 | 20.0% | +2.3% |
| 1984 | 21.9% | +9.5% |
| 1985 | 20.2% | -7.9% |
| 1986 | 18.1% | -10.1% |
| 1987 | 19.3% | +6.2% |
| 1988 | 22.3% | +16.0% |
| 1989 | 21.7% | -2.7% |
| 1990 | 21.7% | +0.0% |
| 1991 | 18.9% | -13.0% |
| 1992 | 16.6% | -12.2% |
| 1993 | 18.1% | +9.0% |
| 1994 | 17.2% | -5.3% |
| 1995 | 16.4% | -4.6% |
| 1996 | 14.6% | -10.9% |
| 1997 | 12.0% | -17.3% |
| 1998 | 8.9% | -25.7% |
| 1999 | 9.2% | +2.5% |
| 2000 | 11.1% | +20.6% |
| 2001 | 10.3% | -6.7% |
| 2002 | 10.4% | +0.8% |
| 2003 | 9.7% | -6.5% |
| 2004 | 8.4% | -13.6% |
| 2005 | 7.4% | -11.4% |
| 2006 | 6.2% | -16.6% |
| 2007 | 5.5% | -11.1% |
| 2008 | 5.3% | -4.4% |
| 2009 | 4.6% | -13.6% |
| 2010 | 4.5% | -0.9% |
| 2011 | 4.4% | -1.9% |
| 2012 | 4.9% | +11.5% |
| 2013 | 4.0% | -19.2% |
| 2014 | 3.9% | -2.1% |
| 2015 | 3.4% | -12.1% |
| 2016 | 3.2% | -5.4% |
| 2017 | 2.9% | -9.5% |
| 2018 | 2.8% | -3.5% |
| 2019 | 2.9% | +2.2% |
| 2020 | 2.7% | -7.7% |
| 2021 | 3.0% | +11.5% |
| 2022 | 3.0% | +1.7% |
| 2023 | 3.2% | +6.2% |
| 2024 | 2.8% | -12.7% |
Thailand compared with similar countries
- Thailand's 2.8% is below the median for upper middle income countries, which is 4.5%, 63% of the median. (48 countries reporting)
- Thailand's 2.8% is below the median for East Asia & Pacific, which is 4.5%, 63% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.1% | 24.5% | 34.4% | 8 |
| 1980s | 21.2% | 18.1% | 25.6% | 10 |
| 1990s | 15.4% | 8.9% | 21.7% | 10 |
| 2000s | 7.9% | 4.6% | 11.1% | 10 |
| 2010s | 3.7% | 2.8% | 4.9% | 10 |
| 2020s | 2.9% | 2.7% | 3.2% | 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 international trade in Thailand?
- Taxes on international trade in Thailand was 2.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Thailand?
- The highest recorded value was 34.4% in 1974.
- What is the lowest taxes on international trade recorded in Thailand?
- The lowest recorded value was 2.7% in 2020.
- How does Thailand rank for taxes on international trade?
- Thailand ranks 92nd out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in Thailand?
- Over the last ten years it is down 27.9%. 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 international trade (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.