Thailand: Tax revenue

* indicates monthly or quarterly data series
 Thailand

Tax revenue, percent of GDP

 Latest value 14.32
 Year 2021
 Measure percent
 Data availability 1972 - 2021
 Average 14.34
 Min - Max 10.17 - 17.41
 Source The World Bank
For that indicator, we provide data for Thailand from 1972 to 2021. The average value for Thailand during that period was 14.34 percent with a minimum of 10.17 percent in 1973 and a maximum of 17.41 percent in 1991. The latest value from 2021 is 14.32 percent. For comparison, the world average in 2021 based on 105 countries is 17.49 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Thailand - Tax revenue - recent values

Historical chart
Thailand - Tax revenue - historical chart - 1972-2021




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.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 17.73 2022 percent
 Government spending, in dollars 87.84 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -5.60 2022 percent
 Government debt 61.34 2023 percent
 Government expenditure 795.36 Q3/2023 billion
 Tax revenue 14.32 2021 percent
 Commercial tax rate 29.50 2019 percent
 Tax preparation time 229 2019 hours
 Number of taxes 21 2019 taxes
 Taxes on goods and services 42.86 2021 percent
 Taxes on international trade 3.11 2021 percent
 Income and profits taxes 30.91 2021 percent
 Foreign aid 131.44 2021 million U.S. dollars
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