Value-added tax (VAT), Ratio of this level of government's revenue in Thailand
Thailand: Value-added tax (VAT), Ratio of this level of government's revenue was 0.8975 in 2020. ▬ Flat
Value-added tax (VAT), Ratio of this level of government's revenue in Thailand, 2002–2020
Source: International Monetary Fund.
Analysis
The most recent figure for value-added tax (vat), ratio of this level of government's revenue in Thailand is 0.8975, measured in 2020.
That represents a change of down 0.1% on the previous year and up 0.6% over ten years.
Over the whole period, value-added tax (vat), ratio of this level of government's revenue in Thailand peaked at 0.9047 in 2012 and was at its lowest, 0.8879, in 2002.
That places Thailand 60th out of 70 countries with data for 2020, putting it in the bottom quarter.
Value-added tax (VAT), Ratio of this level of government's revenue in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 0.8879 | — |
| 2003 | 0.8917 | +0.4% |
| 2004 | 0.8921 | +0.0% |
| 2005 | 0.8936 | +0.2% |
| 2006 | 0.8992 | +0.6% |
| 2007 | 0.9012 | +0.2% |
| 2008 | 0.9035 | +0.3% |
| 2009 | 0.8881 | -1.7% |
| 2010 | 0.892 | +0.4% |
| 2011 | 0.9011 | +1.0% |
| 2012 | 0.9047 | +0.4% |
| 2013 | 0.8978 | -0.8% |
| 2014 | 0.898 | +0.0% |
| 2015 | 0.8985 | +0.1% |
| 2016 | 0.8981 | -0.0% |
| 2017 | 0.8984 | +0.0% |
| 2018 | 0.8992 | +0.1% |
| 2019 | 0.8982 | -0.1% |
| 2020 | 0.8975 | -0.1% |
Thailand compared with similar countries
- Thailand's 0.8975 is below the median for upper middle income countries, which is 1, 90% of the median. (26 countries reporting)
- Thailand's 0.8975 is below the median for East Asia & Pacific, which is 0.9487, 95% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8947 | 0.8879 | 0.9035 | 8 |
| 2010s | 0.8986 | 0.892 | 0.9047 | 10 |
| 2020s | 0.8975 | 0.8975 | 0.8975 | 1 |
Countries ranked near Thailand
- 57 Azerbaijan 0.9934 compare
- 58 Uzbekistan 0.9594 compare
- 59 Portugal 0.9055 compare
- 61 Bosnia and Herzegovina 0.8967 compare
- 62 Spain 0.892 compare
- 63 South Korea 0.8109 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 value-added tax (vat), ratio of this level of government's revenue in Thailand?
- Value-added tax (vat), ratio of this level of government's revenue in Thailand was 0.8975 in 2020, according to International Monetary Fund.
- What is the highest value-added tax (vat), ratio of this level of government's revenue recorded in Thailand?
- The highest recorded value was 0.9047 in 2012.
- What is the lowest value-added tax (vat), ratio of this level of government's revenue recorded in Thailand?
- The lowest recorded value was 0.8879 in 2002.
- How does Thailand rank for value-added tax (vat), ratio of this level of government's revenue?
- Thailand ranks 60th out of 70 countries with data for 2020.
- Is value-added tax (vat), ratio of this level of government's revenue rising or falling in Thailand?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is flat.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund, published as part of Value-added tax (VAT), Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.