In 2024, the revenue generated from value-added tax accounted for the largest proportion of the government revenue in Thailand, amounting to around *** billion Thai baht. This was followed by corporate income tax and personal income tax. In that same period, the total government revenue reached almost ***** trillion Thai baht.

In 2024, the Revenue Department of Thailand generated income from value-added tax, amounting to approximately *** billion Thai baht. In that same period, the total government revenue reached almost ***** trillion Thai baht.

Government Revenues in Thailand increased to 402882 THB Million in June from 215975 THB Million in May of 2025. This dataset provides - Thailand Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the revenue of the central government accounted for **** percent of Thailand's GDP. Central government revenue comprises taxes, grants, and others. Moreover, as a service-oriented economy rather than an agricultural one, Thailand relies heavily on its tourism industry to help rake in the annual revenue earnings.Revenue of the government in Thailand The Thai government’s annual revenue has developed an increasing trend since 2021, after dropping in 2020 due to the COVID-19 pandemic. Taxes were the main source of revenue for the central government. The value-added tax, followed by the corporate income tax, were the key contributors to the government’s revenue.  Government debt in Thailand Over the years, not only has a gradual increase in the government’s expenditure been recorded, but also the increment in the value of public debt accrued until 2024. That year, most of the debt was attributed to the central government. Moreover, domestic debt accounted for a whopping *** trillion Thai baht of the total value of central government debt in 2024.

TH: Revenue and Grants: Revenue: Other Taxes data was reported at 18,394.099 THB mn in 2016. This records an increase from the previous number of 17,676.967 THB mn for 2015. TH: Revenue and Grants: Revenue: Other Taxes data is updated yearly, averaging 3,810.000 THB mn from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 18,394.099 THB mn in 2016 and a record low of 196.000 THB mn in 1972. TH: Revenue and Grants: Revenue: Other Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Government Revenue, Expenditure and Finance. Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

TH: Revenue and Grants: Revenue: Taxes on Goods and Services data was reported at 1,244,171.800 THB mn in 2016. This records an increase from the previous number of 1,190,142.257 THB mn for 2015. TH: Revenue and Grants: Revenue: Taxes on Goods and Services data is updated yearly, averaging 272,132.000 THB mn from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 1,244,171.800 THB mn in 2016 and a record low of 9,975.000 THB mn in 1972. TH: Revenue and Grants: Revenue: Taxes on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Tax revenue (% of GDP) in Thailand was reported at 15.42 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Thailand - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

In the fiscal year of 2024, the Revenue Department of Thailand yielded approximately *** trillion Thai baht, indicating an increase from the previous year. The Revenue Department establishes countrywide infrastructure and provides a revenue collection platform in Thailand.

TH: Net Acquisition of Financial Assets: % of GDP data was reported at 2.396 % in 2016. This records an increase from the previous number of 0.583 % for 2015. TH: Net Acquisition of Financial Assets: % of GDP data is updated yearly, averaging 1.751 % from Sep 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 4.019 % in 2004 and a record low of -1.690 % in 1997. TH: Net Acquisition of Financial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Government Revenue, Expenditure and Finance. Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Weighted average;

In 2024, the revenue generated from personal income tax in Thailand amounted to approximately *** billion Thai baht. The revenue of the Thai government was mostly generated from value-added tax, corporate income tax, and personal income tax.

Interest payments (% of revenue) in Thailand was reported at 5.7187 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Thailand - Interest payments (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Thailand TH: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data was reported at 39.663 % in 2016. This records a decrease from the previous number of 40.629 % for 2015. Thailand TH: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data is updated yearly, averaging 33.149 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 47.723 % in 2008 and a record low of 13.460 % in 1974. Thailand TH: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

TH: Net Acquisition of Financial Assets data was reported at 348,266.774 THB mn in 2016. This records an increase from the previous number of 80,133.796 THB mn for 2015. TH: Net Acquisition of Financial Assets data is updated yearly, averaging 91,197.000 THB mn from Sep 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 348,266.774 THB mn in 2016 and a record low of -79,626.000 THB mn in 1997. TH: Net Acquisition of Financial Assets data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Government Revenue, Expenditure and Finance. Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Thailand TH: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data was reported at 30.656 % in 2016. This records a decrease from the previous number of 31.909 % for 2015. Thailand TH: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data is updated yearly, averaging 28.166 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 38.971 % in 2008 and a record low of 11.540 % in 1972. Thailand TH: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

Thailand TH: Revenue and Grants: Revenue: Tax Revenue: % of GDP data was reported at 15.510 % in 2016. This records a decrease from the previous number of 16.028 % for 2015. Thailand TH: Revenue and Grants: Revenue: Tax Revenue: % of GDP data is updated yearly, averaging 14.482 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 17.414 % in 1991 and a record low of 10.173 % in 1973. Thailand TH: Revenue and Grants: Revenue: Tax Revenue: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

In 2020, the revenue from taxes of the central government accounted for **** percent of the GDP in Thailand. According to the source, the total revenue of the central government was **** percent of the GDP in that year.

Thailand TH: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data was reported at 0.005 % in 2016. This records a decrease from the previous number of 0.009 % for 2015. Thailand TH: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data is updated yearly, averaging 0.304 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 12.444 % in 1974 and a record low of 0.005 % in 2016. Thailand TH: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Government Revenue, Expenditure and Finance. Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Thailand TH: IMF Forecast: General Government: Revenue: % of GDP data was reported at 21.514 % in 2023. This stayed constant from the previous number of 21.514 % for 2022. Thailand TH: IMF Forecast: General Government: Revenue: % of GDP data is updated yearly, averaging 20.777 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 22.310 % in 2015 and a record low of 17.455 % in 1999. Thailand TH: IMF Forecast: General Government: Revenue: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Thailand – Table TH.IMF.FM: Government Finance Statistics.

Thailand TH: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains data was reported at 894,057.998 THB mn in 2016. This records a decrease from the previous number of 895,204.867 THB mn for 2015. Thailand TH: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains data is updated yearly, averaging 199,403.000 THB mn from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 943,207.638 THB mn in 2013 and a record low of 2,550.000 THB mn in 1972. Thailand TH: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Thailand TH: Revenue Excluding Grants: % of GDP data was reported at 20.046 % in 2016. This records a decrease from the previous number of 20.398 % for 2015. Thailand TH: Revenue Excluding Grants: % of GDP data is updated yearly, averaging 17.075 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 20.529 % in 2013 and a record low of 11.449 % in 1973. Thailand TH: Revenue Excluding Grants: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Government Revenue, Expenditure and Finance. Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;