Thailand - Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Thailand was 1,031,930,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 1,031,930,000,000 in 2019 and a minimum value of 2,550,000,000 in 1972.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 2,550,000,000
1973 3,168,000,000
1974 4,729,000,000
1975 6,102,000,000
1976 6,807,000,000
1977 8,163,000,000
1978 11,440,000,000
1979 13,736,000,000
1980 16,847,000,000
1981 21,581,000,000
1982 24,435,000,000
1983 26,706,000,000
1984 31,101,000,000
1985 33,737,000,000
1986 35,661,000,000
1987 35,730,000,000
1988 49,848,000,000
1989 65,234,000,000
1990 97,725,000,000
1991 123,687,000,000
1992 137,219,000,000
1993 159,052,000,000
1994 199,403,000,000
1995 241,814,000,000
1996 277,671,000,000
1997 276,238,000,000
1998 214,892,000,000
1999 213,673,000,000
2000 235,421,000,000
2001 253,566,000,000
2002 279,326,000,000
2003 332,604,000,000
2004 407,871,000,000
2005 491,796,000,000
2006 576,667,000,000
2007 614,883,000,000
2008 712,700,000,000
2009 638,396,000,000
2010 682,860,000,000
2011 852,749,000,000
2012 863,268,000,000
2013 943,208,000,000
2014 881,591,000,000
2015 895,205,000,000
2016 894,058,000,000
2017 893,754,000,000
2018 975,030,000,000
2019 1,031,930,000,000

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance