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Government Finance of Thailand

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

11.6% 25.1% 54.9%
  • Personal income taxes: 11.6%
  • Corporate income taxes: 25.1%
  • Social security contributions: 5.3%
  • Property taxes: 2.4%
  • Goods and services taxes: 54.9%
  • Other taxes: 0.6%
Show table
Personal income taxes
11.6%
Corporate income taxes
25.1%
Social security contributions
5.3%
Property taxes
2.4%
Goods and services taxes
54.9%
Other taxes
0.6%

Source: OECD Global Revenue Statistics Database, 2023.

Government Debt

Government Gross Debt (% of GDP) 66.8% #55 / 184 2026
Government Gross Debt (Local currency - THB) 12.9T - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - THB) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -2.2% #73 / 189 2026
Fiscal Balance (Local currency - THB) -431B - 2026
Primary Fiscal Balance (% of GDP) -1% #91 / 182 2026
Primary Fiscal Balance (Local currency - THB) -198B - 2026

Revenue and Spending

Government Revenue (% of GDP) 21% #128 / 189 2026
Government Revenue (Local currency - THB) 4.06T - 2026
Government Spending (% of GDP) 23.3% #131 / 189 2026
Government Spending (Local currency - THB) 4.49T - 2026

International Reserves

Total Reserves (USD) 237B #15 / 163 2024

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