Thailand: Tax revenue
* indicates monthly or quarterly data series
| Thailand |
Tax revenue, percent of GDP |
|---|---|
| Latest value | 15.42 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1972 - 2023 |
| Average | 14.50 |
| Min - Max | 10.17 - 17.74 |
| Source | The World Bank |
The latest value from 2023 is 15.42 percent, an increase from 15.14 percent in 2022. In comparison, the world average is 17.30 percent, based on data from 87 countries. Historically, the average for Thailand from 1972 to 2023 is 14.5 percent. The minimum value, 10.17 percent, was reached in 1973 while the maximum of 17.74 percent was recorded in 2013.
See the global rankings or
world map for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 16.69 | 2024 | percent |
| Government spending, in dollars | 87.86 | 2024 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.29 | 2024 | percent |
| Primary budget balance | -0.09 | 2024 | percent |
| Government expenditure | 810.64 | Q4/2025 | billion |
| Tax revenue | 15.42 | 2023 | percent |
| Commercial tax rate | 29.50 | 2019 | percent |
| Tax preparation time | 229 | 2019 | hours |
| Taxes on goods and services | 42.26 | 2023 | percent |
| Taxes on international trade | 3.24 | 2023 | percent |
| Income and profits taxes | 31.31 | 2023 | percent |
| Foreign aid | 84.97 | 2023 | million U.S. dollars |
| Government debt | 63.20 | 2024 | percent |
| Government debt in foreign currency, percent | 0.99 | 2024 | percent |
| Government debt held by non-residents | 7.84 | 2024 | percent |
| Sovereign debt average maturity | 8.09 | 2024 | percent |
| Short-term government debt | 18.62 | 2024 | percent |