Government revenues as a share of GDP in Thailand
Thailand: Government revenues as a share of GDP was 20.8% in 2023. ▲ Rising
Government revenues as a share of GDP in Thailand, 2000–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2023, government revenues as a share of gdp in Thailand stood at 20.8%.
That represents a change of up 5.2% on the previous year and down 6.2% over ten years.
Over the whole period, government revenues as a share of gdp in Thailand peaked at 22.2% in 2015 and was at its lowest, 16.8%, in 2000.
That places Thailand 130th out of 174 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Government revenues as a share of GDP in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 16.8% | — |
| 2001 | 18.2% | +8.3% |
| 2002 | 17.6% | -3.2% |
| 2003 | 19.8% | +12.4% |
| 2004 | 19.9% | +0.4% |
| 2005 | 21.3% | +7.3% |
| 2006 | 20.2% | -5.0% |
| 2007 | 19.7% | -2.6% |
| 2008 | 20.1% | +2.1% |
| 2009 | 19.1% | -5.2% |
| 2010 | 20.6% | +7.9% |
| 2011 | 21.3% | +3.6% |
| 2012 | 20.4% | -4.5% |
| 2013 | 22.2% | +8.7% |
| 2014 | 21.3% | -3.7% |
| 2015 | 22.2% | +4.1% |
| 2016 | 21.4% | -3.6% |
| 2017 | 20.8% | -2.9% |
| 2018 | 21.1% | +1.5% |
| 2019 | 20.9% | -1.0% |
| 2020 | 20.7% | -0.9% |
| 2021 | 19.8% | -4.3% |
| 2022 | 19.8% | -0.1% |
| 2023 | 20.8% | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.3% | 16.8% | 21.3% | 10 |
| 2010s | 21.2% | 20.4% | 22.2% | 10 |
| 2020s | 20.3% | 19.8% | 20.8% | 4 |
Countries ranked near Thailand
More economy & growth data for Thailand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 3.7 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 23.4 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 188,487 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 9.21 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.5816 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 4,686 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 11.94 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2266 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is government revenues as a share of gdp in Thailand?
- Government revenues as a share of gdp in Thailand was 20.8% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Thailand?
- The highest recorded value was 22.2% in 2015.
- What is the lowest government revenues as a share of gdp recorded in Thailand?
- The lowest recorded value was 16.8% in 2000.
- How does Thailand rank for government revenues as a share of gdp?
- Thailand ranks 130th out of 174 countries with data for 2023.
- Is government revenues as a share of gdp rising or falling in Thailand?
- Over the last ten years it is down 6.2%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.