Taxes on income vs. taxes on goods and services in Thailand
Thailand: Taxes on income vs. taxes on goods and services was 8.9% in 2023. ▲ Rising
Taxes on income vs. taxes on goods and services in Thailand, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for taxes on income vs. taxes on goods and services in Thailand is 8.9%, measured in 2023.
The figure is up 1.6% on the previous year and down 10.7% over ten years.
Over the whole period, taxes on income vs. taxes on goods and services in Thailand peaked at 10.0% in 2015 and was at its lowest, 6.9%, in 1980.
That places Thailand 81st out of 187 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Taxes on income vs. taxes on goods and services in Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 6.9% | — |
| 1981 | 7.2% | +4.3% |
| 1982 | 7.0% | -1.7% |
| 1983 | 8.1% | +14.7% |
| 1984 | 7.5% | -6.6% |
| 1985 | 7.4% | -2.3% |
| 1986 | 7.7% | +4.6% |
| 1987 | 7.9% | +2.0% |
| 1988 | 7.8% | -1.1% |
| 1989 | 8.1% | +4.3% |
| 1990 | 8.5% | +4.9% |
| 1991 | 9.1% | +6.8% |
| 1992 | 8.1% | -11.3% |
| 1993 | 8.0% | -0.6% |
| 1994 | 8.2% | +2.2% |
| 1995 | 7.9% | -3.4% |
| 1996 | 8.4% | +6.6% |
| 1997 | 8.6% | +2.1% |
| 1998 | 8.7% | +0.5% |
| 1999 | 7.7% | -10.7% |
| 2000 | 7.5% | -3.6% |
| 2001 | 7.6% | +1.6% |
| 2002 | 7.9% | +4.3% |
| 2003 | 8.5% | +7.4% |
| 2004 | 8.6% | +1.0% |
| 2005 | 9.2% | +7.1% |
| 2006 | 8.4% | -8.6% |
| 2007 | 8.1% | -3.0% |
| 2008 | 7.7% | -5.2% |
| 2009 | 7.5% | -2.6% |
| 2010 | 8.5% | +13.9% |
| 2011 | 9.1% | +5.9% |
| 2012 | 8.6% | -5.5% |
| 2013 | 10.0% | +16.7% |
| 2014 | 9.4% | -5.5% |
| 2015 | 10.0% | +6.2% |
| 2016 | 9.6% | -3.8% |
| 2017 | 9.5% | -0.9% |
| 2018 | 9.6% | +0.2% |
| 2019 | 9.1% | -4.8% |
| 2020 | 9.2% | +1.0% |
| 2021 | 9.1% | -0.9% |
| 2022 | 8.8% | -3.9% |
| 2023 | 8.9% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.6% | 6.9% | 8.1% | 10 |
| 1990s | 8.3% | 7.7% | 9.1% | 10 |
| 2000s | 8.1% | 7.5% | 9.2% | 10 |
| 2010s | 9.3% | 8.5% | 10.0% | 10 |
| 2020s | 9.0% | 8.8% | 9.2% | 4 |
Countries ranked near Thailand
- 78 Luxembourg 9.7% compare
- 79 China 9.5% compare
- 80 Russian Federation 9.0% compare
- 82 Tajikistan 8.8% compare
- 83 Nepal 8.7% compare
- 84 Peru 8.4% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 9.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0162 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 130.33 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.84 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 31.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0327 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 263.07 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.13 % change on previous year (2025)
Frequently asked questions
- What is taxes on income vs. taxes on goods and services in Thailand?
- Taxes on income vs. taxes on goods and services in Thailand was 8.9% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on income vs. taxes on goods and services recorded in Thailand?
- The highest recorded value was 10.0% in 2015.
- What is the lowest taxes on income vs. taxes on goods and services recorded in Thailand?
- The lowest recorded value was 6.9% in 1980.
- How does Thailand rank for taxes on income vs. taxes on goods and services?
- Thailand ranks 81st out of 187 countries with data for 2023.
- Is taxes on income vs. taxes on goods and services rising or falling in Thailand?
- Over the last ten years it is down 10.7%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on income vs. taxes on goods and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total taxes on income (individual and corporate) vs. total taxes on goods and services (including VAT and sales taxes), as a share of GDP.