Taxes on Goods and Services (As % of Revenue) in Thailand

Taxes on goods and services as a share of revenue reached 43.3 % in 2017 in Thailand, according to the National Statistical Office. This is 1.65 % more than in the previous year.

Historically, taxes on goods and services as a share of revenue in Thailand reached an all time high of 50.2 % in 1983 and an all time low of 36.9 % in 2008. When compared to Thailand's main peers, taxes on goods and services as a share of revenue in Cambodia amounted to 45.8 %, 53.5 % in Laos, 28.7 % in Malaysia and 19.7 % in Myanmar in 2017.

Thailand has been ranked 25th within the group of 105 countries we follow in terms of taxes on goods and services as a share of revenue, 4 places above the position seen 10 years ago.

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 the extraction and production of minerals, and profits of fiscal monopolies.

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