Revenue from corporate income taxes as a share of GDP in Thailand
Thailand: Revenue from corporate income taxes as a share of GDP was 4.0% in 2017. ▲ Rising
Revenue from corporate income taxes as a share of GDP in Thailand, 1980–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for revenue from corporate income taxes as a share of gdp in Thailand is 4.0%, measured in 2017.
That represents a change of down 4.8% on the previous year and down 17.1% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Thailand peaked at 5.6% in 2011 and was at its lowest, 1.3%, in 1987.
That places Thailand 36th out of 163 countries with data for 2017, putting it in the top quarter.
The long-run direction has been consistently rising across the 38 years of available data.
Revenue from corporate income taxes as a share of GDP in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 1.4% | — |
| 1981 | 1.7% | +18.2% |
| 1982 | 1.5% | -10.3% |
| 1983 | 1.4% | -9.1% |
| 1984 | 1.4% | +3.6% |
| 1985 | 1.3% | -5.5% |
| 1986 | 1.4% | +2.6% |
| 1987 | 1.3% | -6.4% |
| 1988 | 1.6% | +28.3% |
| 1989 | 1.9% | +18.1% |
| 1990 | 2.6% | +34.2% |
| 1991 | 2.9% | +13.3% |
| 1992 | 3.0% | +0.6% |
| 1993 | 3.2% | +8.6% |
| 1994 | 3.7% | +13.6% |
| 1995 | 3.8% | +3.1% |
| 1996 | 3.7% | -1.3% |
| 1997 | 3.5% | -5.9% |
| 1998 | 2.0% | -41.6% |
| 1999 | 2.3% | +14.9% |
| 2000 | 2.9% | +24.4% |
| 2001 | 2.9% | +0.3% |
| 2002 | 3.1% | +4.2% |
| 2003 | 3.5% | +14.7% |
| 2004 | 4.0% | +14.6% |
| 2005 | 4.6% | +15.6% |
| 2006 | 5.0% | +7.0% |
| 2007 | 4.8% | -2.9% |
| 2008 | 5.4% | +12.2% |
| 2009 | 4.8% | -11.9% |
| 2010 | 4.6% | -3.9% |
| 2011 | 5.6% | +23.3% |
| 2012 | 5.0% | -10.8% |
| 2013 | 5.2% | +3.8% |
| 2014 | 4.9% | -6.8% |
| 2015 | 4.6% | -6.4% |
| 2016 | 4.2% | -8.0% |
| 2017 | 4.0% | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.5% | 1.3% | 1.9% | 10 |
| 1990s | 3.1% | 2.0% | 3.8% | 10 |
| 2000s | 4.1% | 2.9% | 5.4% | 10 |
| 2010s | 4.8% | 4.0% | 5.6% | 8 |
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)
- Total reserves minus gold (current US$), annual growth rate 14.76 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.4321 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 3,481 current US$ per person (2025)
- General government final consumption expenditure (current US$) 9.3 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1665 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,342 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 1.83 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 5.48 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Thailand?
- Revenue from corporate income taxes as a share of gdp in Thailand was 4.0% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Thailand?
- The highest recorded value was 5.6% in 2011.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Thailand?
- The lowest recorded value was 1.3% in 1987.
- How does Thailand rank for revenue from corporate income taxes as a share of gdp?
- Thailand ranks 36th out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Thailand?
- Over the last ten years it is down 17.1%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.