Revenue, excluding grants in Thailand
Thailand: Revenue, excluding grants was 20.2% in 2024. ▲ Rising
Revenue, excluding grants in Thailand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for revenue, excluding grants in Thailand is 20.2%, measured in 2024.
That represents a change of up 1.5% on the previous year and down 0.7% over ten years.
Over the whole period, revenue, excluding grants in Thailand peaked at 21.3% in 2013 and was at its lowest, 11.4%, in 1973.
Thailand ranks 102nd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Revenue, excluding grants in Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 12.4% | — |
| 1973 | 11.4% | -7.9% |
| 1974 | 13.2% | +15.7% |
| 1975 | 12.6% | -5.2% |
| 1976 | 12.0% | -4.2% |
| 1977 | 12.8% | +6.3% |
| 1978 | 12.7% | -0.3% |
| 1979 | 13.5% | +5.9% |
| 1980 | 14.3% | +6.2% |
| 1981 | 15.0% | +4.5% |
| 1982 | 14.1% | -6.1% |
| 1983 | 15.5% | +10.6% |
| 1984 | 15.5% | -0.1% |
| 1985 | 15.4% | -0.7% |
| 1986 | 15.2% | -1.5% |
| 1987 | 15.2% | -0.3% |
| 1988 | 16.1% | +6.4% |
| 1989 | 17.1% | +5.9% |
| 1990 | 18.5% | +8.5% |
| 1991 | 19.1% | +3.4% |
| 1992 | 17.6% | -7.9% |
| 1993 | 17.4% | -1.1% |
| 1994 | 18.1% | +3.7% |
| 1995 | 18.5% | +2.2% |
| 1996 | 18.8% | +1.8% |
| 1997 | 18.5% | -1.8% |
| 1998 | 16.0% | -13.3% |
| 1999 | 15.4% | -3.7% |
| 2000 | 15.5% | +0.3% |
| 2001 | 16.8% | +8.4% |
| 2002 | 16.2% | -3.4% |
| 2003 | 18.3% | +13.0% |
| 2004 | 18.3% | -0.0% |
| 2005 | 19.7% | +7.4% |
| 2006 | 18.7% | -4.6% |
| 2007 | 18.3% | -2.6% |
| 2008 | 18.8% | +3.0% |
| 2009 | 17.4% | -7.3% |
| 2010 | 19.0% | +8.9% |
| 2011 | 19.8% | +4.3% |
| 2012 | 18.9% | -4.4% |
| 2013 | 21.3% | +12.7% |
| 2014 | 20.4% | -4.5% |
| 2015 | 21.3% | +4.3% |
| 2016 | 20.5% | -3.3% |
| 2017 | 19.9% | -3.3% |
| 2018 | 20.2% | +1.6% |
| 2019 | 20.0% | -0.9% |
| 2020 | 20.1% | +0.3% |
| 2021 | 19.2% | -4.2% |
| 2022 | 19.0% | -1.3% |
| 2023 | 19.9% | +5.1% |
| 2024 | 20.2% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.6% | 11.4% | 13.5% | 8 |
| 1980s | 15.3% | 14.1% | 17.1% | 10 |
| 1990s | 17.8% | 15.4% | 19.1% | 10 |
| 2000s | 17.8% | 15.5% | 19.7% | 10 |
| 2010s | 20.1% | 18.9% | 21.3% | 10 |
| 2020s | 19.7% | 19.0% | 20.2% | 5 |
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)
- Final consumption expenditure (constant 2015 US$), per capita 5,082 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 10.46 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9718 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 7,830 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.92 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 31.96 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 257,462 current LCU per person (2025)
- Exports of goods and services (current US$), annual growth rate 11.3 % change on previous year (2025)
Frequently asked questions
- What is revenue, excluding grants in Thailand?
- Revenue, excluding grants in Thailand was 20.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Thailand?
- The highest recorded value was 21.3% in 2013.
- What is the lowest revenue, excluding grants recorded in Thailand?
- The lowest recorded value was 11.4% in 1973.
- How does Thailand rank for revenue, excluding grants?
- Thailand ranks 102nd out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Thailand?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is rising.
- 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 Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.