Thailand - Taxes on income

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

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Thailand was 31.68 as of 2019. Its highest value over the past 47 years was 38.97 in 2008, while its lowest value was 11.54 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.

See also:

Year Value
1972 11.54
1973 12.00
1974 12.51
1975 15.70
1976 16.04
1977 15.64
1978 18.07
1979 17.88
1980 17.39
1981 18.36
1982 20.21
1983 18.27
1984 19.76
1985 20.22
1986 20.06
1987 17.53
1988 19.38
1989 20.17
1990 23.77
1991 25.50
1992 27.30
1993 27.76
1994 29.71
1995 30.88
1996 31.70
1997 31.63
1998 28.38
1999 28.76
2000 29.85
2001 28.17
2002 29.79
2003 28.69
2004 31.99
2005 32.81
2006 36.58
2007 37.05
2008 38.97
2009 37.84
2010 33.22
2011 38.02
2012 36.86
2013 35.41
2014 33.77
2015 31.69
2016 30.90
2017 30.16
2018 30.50
2019 31.68

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Thailand was 41.69 as of 2019. Its highest value over the past 47 years was 47.72 in 2008, while its lowest value was 13.46 in 1974.

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.

See also:

Year Value
1972 13.58
1973 14.02
1974 13.46
1975 17.97
1976 18.22
1977 17.43
1978 20.09
1979 19.86
1980 19.35
1981 21.06
1982 22.97
1983 20.51
1984 22.31
1985 23.33
1986 23.11
1987 20.14
1988 21.58
1989 22.55
1990 26.47
1991 28.34
1992 31.09
1993 31.65
1994 33.71
1995 34.87
1996 35.79
1997 36.41
1998 33.15
1999 34.61
2000 35.78
2001 36.30
2002 35.94
2003 36.36
2004 39.49
2005 40.21
2006 43.90
2007 44.74
2008 47.72
2009 46.57
2010 42.31
2011 46.09
2012 45.24
2013 42.93
2014 42.15
2015 40.36
2016 39.89
2017 39.04
2018 39.91
2019 41.69

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance