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Thailand Revenue, excluding grants (% of GDP) 2026: Interactive Chart & Historical Data

Revenue, excluding grants (% of GDP) in Thailand stood at 20.24% in 2024, according to World Bank. The latest value is up 0.29 percentage points from 19.94% in 2023. Ten years earlier, in 2014, the value was 20.38% (down 0.14 percentage points since). The highest value since 1972 was 21.34% in 2013, the lowest 11.45% in 1973. Thailand ranked 77th highest of the 111 countries in this dataset in 2023; Nauru ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Revenue, excluding grants (% of GDP)?

Revenue, excluding grants (% of GDP), measured in %, measures the total economic output of Thailand. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Thailand, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Revenue, excluding grants (% of GDP) in Thailand?

Revenue, excluding grants (% of GDP) in Thailand stood at 20.24% in 2024, according to World Bank.

Is Revenue, excluding grants (% of GDP) in Thailand rising or falling?

The latest value is up 0.29 percentage points from 19.94% in 2023. Ten years earlier, in 2014, the value was 20.38% (down 0.14 percentage points since).

How does Thailand rank for Revenue, excluding grants (% of GDP)?

Thailand ranked 77th highest of the 111 countries in this dataset in 2023; Nauru ranked first.

What is the highest Revenue, excluding grants (% of GDP) on record in Thailand?

The highest value since 1972 was 21.34% in 2013, the lowest 11.45% in 1973.

Metadata for Revenue, excluding grants (% of GDP) in Thailand
IndicatorRevenue, excluding grants (% of GDP)
CountryThailand
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.REV.XGRT.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Revenue, excluding grants (% of GDP) — Thailand [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/THA. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS

MLA

World Bank. "Revenue, excluding grants (% of GDP) — Thailand." EconDash, 2026, https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/THA. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS.

Chicago

World Bank. 2026. "Revenue, excluding grants (% of GDP) — Thailand." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/THA. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS.

BibTeX
@misc{econdash_wdi_gc_rev_xgrt_gd_zs_tha,
  author = {{World Bank}},
  title = {{Revenue, excluding grants (\% of GDP) --- Thailand}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/THA},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS}
}