Taxes on incomes of individuals and corporations as share of GDP in Thailand
Thailand: Taxes on incomes of individuals and corporations as share of GDP was 6.3% in 2023. ▲ Rising
Latest (2023)
6.3%
Change on year
up 2.1%
World rank
92nd
of 184 countries
All-time high
7.5%
in 2011
All-time low
2.5%
in 1980
Years of data
44
1980–2023
Taxes on incomes of individuals and corporations as share of GDP in Thailand, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Thailand recorded 6.3% for taxes on incomes of individuals and corporations as share of gdp in 2023.
That represents a change of up 2.1% on the previous year and down 14.4% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Thailand peaked at 7.5% in 2011 and was at its lowest, 2.5%, in 1980.
Thailand ranks 92nd of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 2.5% | — |
| 1981 | 2.7% | +11.6% |
| 1982 | 2.8% | +2.3% |
| 1983 | 2.8% | -0.1% |
| 1984 | 3.0% | +8.5% |
| 1985 | 3.1% | +1.5% |
| 1986 | 3.0% | -1.5% |
| 1987 | 2.7% | -12.6% |
| 1988 | 3.1% | +16.3% |
| 1989 | 3.4% | +9.9% |
| 1990 | 4.3% | +27.0% |
| 1991 | 4.8% | +10.9% |
| 1992 | 4.7% | -2.4% |
| 1993 | 4.9% | +4.3% |
| 1994 | 5.4% | +10.9% |
| 1995 | 5.7% | +6.1% |
| 1996 | 6.0% | +4.4% |
| 1997 | 5.9% | -2.0% |
| 1998 | 4.6% | -22.1% |
| 1999 | 4.5% | -2.4% |
| 2000 | 4.6% | +4.1% |
| 2001 | 4.7% | +2.2% |
| 2002 | 4.8% | +2.1% |
| 2003 | 5.3% | +8.7% |
| 2004 | 5.9% | +11.4% |
| 2005 | 6.5% | +10.1% |
| 2006 | 6.9% | +6.3% |
| 2007 | 6.8% | -1.3% |
| 2008 | 7.3% | +8.4% |
| 2009 | 6.6% | -10.0% |
| 2010 | 6.3% | -4.4% |
| 2011 | 7.5% | +19.4% |
| 2012 | 7.0% | -7.4% |
| 2013 | 7.3% | +4.5% |
| 2014 | 6.7% | -8.8% |
| 2015 | 6.5% | -2.2% |
| 2016 | 6.1% | -5.9% |
| 2017 | 5.8% | -5.8% |
| 2018 | 6.0% | +3.2% |
| 2019 | 6.1% | +2.6% |
| 2020 | 5.8% | -4.6% |
| 2021 | 5.7% | -2.1% |
| 2022 | 6.1% | +7.3% |
| 2023 | 6.3% | +2.1% |
Thailand compared with similar countries
- Thailand's 6.3% is above the median for upper middle income countries, which is 5.7%, 1.1× the median. (54 countries reporting)
- Thailand's 6.3% is below the median for East Asia & Pacific, which is 6.9%, 90% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.9% | 2.5% | 3.4% | 10 |
| 1990s | 5.1% | 4.3% | 6.0% | 10 |
| 2000s | 5.9% | 4.6% | 7.3% | 10 |
| 2010s | 6.5% | 5.8% | 7.5% | 10 |
| 2020s | 6.0% | 5.7% | 6.3% | 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)
- 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 incomes of individuals and corporations as share of gdp in Thailand?
- Taxes on incomes of individuals and corporations as share of gdp in Thailand was 6.3% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Thailand?
- The highest recorded value was 7.5% in 2011.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Thailand?
- The lowest recorded value was 2.5% in 1980.
- How does Thailand rank for taxes on incomes of individuals and corporations as share of gdp?
- Thailand ranks 92nd out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Thailand?
- Over the last ten years it is down 14.4%. 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 incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.