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Thailand Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Thailand's tax revenue was 15.39% in 2025, ranked 70th globally. This represents a 0.9% increase from 2024. Data from World Bank, covering 1972–2025.

15.39% +0.13% (+0.9%)
Year 2025 Rank #70 Global Peak 17.74% (2013) Source World Bank

Thailand Tax Revenue (1972–2025)

Overview

Thailand's tax revenue stood at 15.39% in 2025, a rise of +0.13% from 2024. Based on recent trends, this figure is projected to reach 15.39% by 2025. Thailand ranked 70th globally.

Thailand’s tax revenue as a share of GDP has risen modestly since the early 1970s, moving from a low of 10.17 % in 1973 to 15.39 % in 2025, placing the country 70th globally. The upward trajectory accelerated after the all‑time trough, reaching an all‑time peak of 17.74 % in 2013 before a slight decline in the subsequent decade. Over the 54‑year series, the average level remains close to peers such as the Dominican Republic (15.36 % in 2025) and Ireland (15.66 % in 2025), suggesting that Thailand’s fiscal capacity is comparable to other emerging economies with similar tax structures. The modest post‑peak contraction reflects both the impact of global economic volatility and domestic policy adjustments that have restrained further expansion of the tax base. Continued reforms aimed at broadening the tax net and improving compliance could reverse the recent slowdown, allowing Thailand to regain a higher share of GDP in tax revenue in the coming years.

Data & projection

Year Tax Revenue YoY change Rank
2027* trend 15.50% - -
2026* trend 15.44% - -
2025* trend 15.39% - -
2025 15.39% +0.13% #70
2024 15.26% −0.23% #11
2023 15.49% +0.35% #40
2022 15.14% +0.05% #45
2021 15.08% −0.11% #57
2020 15.19% −0.20% #67
2019 15.40% −0.30% #62
2018 15.70% +0.18% #65
2017 15.52% −0.58% #69
2016 16.10% −0.75% #69
2015 16.85% +0.35% #80
2014 16.50% −1.24% #74
2013 17.74% +2.30% #79
2012 15.44% −0.92% #62
2011 16.36% +1.43% #65
Show all years (1972-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 4.2% C/A balance 9.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Thailand matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Thailand's tax revenue?▾

Thailand's tax revenue was 15.39% in 2025. Ranked 70th globally. This represents a 0.9% increase from the previous year.

What was the highest tax revenue in Thailand?▾

Thailand's tax revenue peaked at 17.74% in 2013.

What was the lowest tax revenue in Thailand?▾

The lowest tax revenue in Thailand was 10.17% in 1973.

How does Thailand rank in tax revenue?▾

Thailand ranks 70th globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?▾

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected tax revenue of Thailand in 2025?▾

Thailand's tax revenue is projected to reach 15.39% by 2025 based on trend extrapolation.

What is the tax revenue of Thailand in 2025?▾

The tax revenue of Thailand in 2025 was 15.39%. This ranks 70th in the world.

Cite this page

APA
Thailand Tax Revenue. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/thailand/tax-revenue/
BibTeX
@misc{historysaid_thailand_tax-revenue, title = {Thailand Tax Revenue}, url = {https://historysaid.com/thailand/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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