Thailand - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in Thailand was 19.26 as of 2019. Its highest value over the past 47 years was 20.61 in 2013, while its lowest value was 11.45 in 1973.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 12.43
1973 11.45
1974 13.24
1975 12.55
1976 12.02
1977 12.77
1978 12.74
1979 13.49
1980 14.33
1981 14.97
1982 14.06
1983 15.55
1984 15.54
1985 15.43
1986 15.21
1987 15.16
1988 16.12
1989 17.07
1990 18.53
1991 19.15
1992 17.64
1993 17.44
1994 18.09
1995 18.48
1996 18.82
1997 18.48
1998 16.01
1999 15.43
2000 15.47
2001 16.77
2002 16.20
2003 18.31
2004 18.30
2005 19.66
2006 18.74
2007 18.26
2008 18.82
2009 17.44
2010 19.00
2011 19.81
2012 18.94
2013 20.61
2014 19.69
2015 20.54
2016 19.81
2017 19.12
2018 19.52
2019 19.26

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance