Customs and other import duties in Thailand
Thailand: Customs and other import duties was 106.53 billion current LCU in 2024. ◆ Volatile
Customs and other import duties in Thailand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, customs and other import duties in Thailand stood at 106.53 billion current LCU.
That represents a change of down 8.0% on the previous year and up 1.2% over ten years.
Over the whole period, customs and other import duties in Thailand peaked at 126.70 billion current LCU in 1995 and was at its lowest, 5.65 billion current LCU, in 1972.
Thailand ranks 42nd of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.07 billion current LCU | 5.65 billion current LCU | 16.50 billion current LCU | 8 |
| 1980s | 33.63 billion current LCU | 18.97 billion current LCU | 67.57 billion current LCU | 10 |
| 1990s | 96.62 billion current LCU | 66.07 billion current LCU | 126.70 billion current LCU | 10 |
| 2000s | 94.51 billion current LCU | 76.48 billion current LCU | 109.83 billion current LCU | 10 |
| 2010s | 100.17 billion current LCU | 90.49 billion current LCU | 115.33 billion current LCU | 10 |
| 2020s | 99.85 billion current LCU | 84.07 billion current LCU | 115.75 billion current LCU | 5 |
Countries ranked near Thailand
More public sector data for Thailand
- Arms imports 73.00 million SIPRI trend indicator values (2024)
- Tax revenue 15.2% (2024)
- Taxes on income, profits and capital gains 29.9% (2024)
- Taxes on goods and services 41.7% (2024)
- Net investment in nonfinancial assets 2.3% (2024)
- Net lending (+) / net borrowing (-) -1.5% (2024)
- Interest payments 5.8% (2024)
- Grants and other revenue 20.0% (2024)
- Interest payments 5.5% (2023)
- Other taxes 0.6% (2024)
Frequently asked questions
- What is customs and other import duties in Thailand?
- Customs and other import duties in Thailand was 106.53 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Thailand?
- The highest recorded value was 126.70 billion current LCU in 1995.
- What is the lowest customs and other import duties recorded in Thailand?
- The lowest recorded value was 5.65 billion current LCU in 1972.
- How does Thailand rank for customs and other import duties?
- Thailand ranks 42nd out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Thailand?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.