Collected petroleum sales royalties Thailand 2023, by allocation

Published by Andreas Walderich, Oct 21, 2024

In 2023, the value of total collected royalties from petroleum sales in Thailand amounted to over 22 billion Thai baht, with around 19 billion Thai baht remitted to the treasury. Around 60 percent of total petroleum sales royalties are usually distributed to smaller municipalities and administrations as a source of revenue.

Collected royalties from petroleum sales in Thailand in 2023, by recipient (in million Thai baht)

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Release date

August 2024

Region

Thailand

Survey time period

2023

Supplementary notes

* The 12 provincial administrative organizations (PAOs) consist of Kamphaeng Phet, Phitsanulok, Sukhothai, Khon Kaen, Nakhon Pathom, Suphan Buri, Phetchabun, Udon Thani, Songkhla, Kanchanaburi, Pattani, and Nakhon Si Thammarat. 

One Thai baht equals 0.030 U.S. dollars and 0.027 euros as of October 2024. 

Figures have been rounded.

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