Thai Financial Statement Filings by Year: 2007 to 2025
In short
The number of Thai companies filing a financial statement each year climbed from 315,278 in 2007 to a record 730,001 in 2024, as of 7 July 2026. That is a 131.5 percent increase over 17 years. In 2025 the count slipped to 713,946, the first annual decline in the entire series. The drop came to 2.2 percent. Every other year from 2008 through 2024 grew over the one before it. The average annual pace across the full stretch works out to 4.6 percent.
How many Thai companies file a financial statement each year?
In 2007 a total of 315,278 Thai companies filed a financial statement for that accounting year (DBD, 2026). By 2024 that annual count had more than doubled to 730,001, an increase of 131.5 percent over 17 years. The climb was steady rather than explosive. Filings grew every single year from 2008 through 2024, with year over year gains ranging from a slow 1.6 percent in 2009 to a brisk 7.5 percent in 2013. Then in 2025 the trend broke. The count fell to 713,946, the first year over year decline anywhere in this 18 year run. That decline works out to 2.2 percent. One year does not undo two decades of growth, but it is the first crack in an otherwise unbroken line.
Companies filing a financial statement, by year
Figures in companies.
Filings rose every year from 2008 to 2024, then dipped in 2025 for the first time in the series.
Annual filing counts and year over year change
| Gregorian year | Buddhist year | Companies filed | Change from prior year |
|---|---|---|---|
| 2007 | 2550 | 315,278 | n.a. |
| 2008 | 2551 | 324,317 | 2.9% |
| 2009 | 2552 | 329,666 | 1.6% |
| 2010 | 2553 | 352,153 | 6.8% |
| 2011 | 2554 | 376,479 | 6.9% |
| 2012 | 2555 | 403,035 | 7.1% |
| 2013 | 2556 | 433,201 | 7.5% |
| 2014 | 2557 | 457,933 | 5.7% |
| 2015 | 2558 | 479,697 | 4.8% |
| 2016 | 2559 | 500,613 | 4.4% |
| 2017 | 2560 | 531,249 | 6.1% |
| 2018 | 2561 | 570,309 | 7.4% |
| 2019 | 2562 | 594,825 | 4.3% |
| 2020 | 2563 | 617,289 | 3.8% |
| 2021 | 2564 | 648,532 | 5.1% |
| 2022 | 2565 | 675,248 | 4.1% |
| 2023 | 2566 | 704,503 | 4.3% |
| 2024 | 2567 | 730,001 | 3.6% |
| 2025 | 2568 | 713,946 | -2.2% |
Number of companies filing a financial statement for each accounting year, as of 7 Jul 2026. The Buddhist calendar year used by the registry appears alongside the Gregorian year for reference.
Why a slow, steady climb matters more than a single dip
Eighteen years of filing data tell a story about formalization, not just headcount. Thailand's registered business base did not surge in one burst. It compounded at roughly 4.6 percent a year, the kind of pace that turns a modest starting number into more than double over less than two decades without any single year standing out. That grinding consistency is a better signal of how deeply financial reporting has spread through the Thai economy than any one dramatic year could be. The 2025 dip is worth watching rather than dismissing. Some of it likely reflects filings that had not yet reached the registry when this snapshot was taken, since companies get months after their fiscal year end to submit statements and the most recent year is always the least complete at any given point in time. Whether 2025 turns out to be a genuine plateau or simply an undercount that fills in later will only be clear once the registry has had another year to catch up. Either way, a break in a run this long earns attention. This time series sits apart from a single snapshot of what share of companies file in any one year. It shows the shape of the climb, not just where the line happens to sit today.
Definitions
- Statement year
- The accounting year a filed financial statement covers, as recorded by the registry. The registry stores this on the Buddhist calendar.
- Buddhist calendar year
- Thailand's official calendar, numbered 543 years ahead of the Gregorian calendar. Buddhist year 2568 equals Gregorian year 2025.
- Year over year change
- The percentage difference between one year's filing count and the prior year's filing count.
- Compound annual growth rate
- The steady annual percentage rate that would take a starting value to an ending value over a given number of years, if growth were perfectly even every year.
Assumptions
- A company filing in several different years is counted once per year it files, so summing these annual counts would overstate the number of distinct companies.
- The most recent complete year, 2025, may still be undercounted at the time of this snapshot since filings can arrive months after the fiscal year end.
- The incomplete 2026 statement year was excluded from every figure and calculation in this page.
Methodology
Figures are annual counts of companies that filed a financial statement for the given accounting year, drawn from the DBD registry's year level aggregate table as of 7 July 2026. The registry records statement years on the Buddhist calendar, so each Buddhist year has been converted to its Gregorian equivalent by subtracting 543. The most recent Buddhist year, 2569, corresponding to 2026, was excluded because it held only a few thousand filings at the time of query and is still being populated. A company that files in multiple years is counted once in each year it files, so these are annual filing counts, not a count of distinct companies over the full period.
How we verified this
- Growth from 2007 to 2025: 713,946 minus 315,278, divided by 315,278, equals 126.45 percent, matching the keyStat.
- Growth from 2007 to the 2024 peak: 730,001 minus 315,278, divided by 315,278, equals 131.54 percent, matching the prose.
- 2025 year over year change: 713,946 minus 730,001, divided by 730,001, equals negative 2.20 percent, matching the keyStat and the table's last row.
- Compound annual growth rate over 18 years: 713,946 divided by 315,278, raised to the power of one over 18, minus 1, equals 4.65 percent, rounded to 4.6 in the keyStat.
- Every year over year change from 2008 through 2024 in the table was recomputed from consecutive row values and confirmed positive, with 2025 the sole negative value.
- The excluded Buddhist year 2569, Gregorian 2026, was confirmed to hold only a small fraction of a full year's filings and was left out of every chart, table, and calculation.
References
- Department of Business Development. (2026). Registered juristic persons and financial statement aggregates. Ministry of Commerce, Thailand. https://www.dbd.go.th/
- World Bank. (2024). New businesses registered, number, Thailand. World Bank Open Data, Entrepreneurship Database. https://data.worldbank.org/indicator/IC.BUS.NREG?locations=TH
Frequently asked questions
How many Thai companies filed a financial statement in 2025?
713,946 companies filed a financial statement for the 2025 accounting year, as of 7 July 2026, down 2.2 percent from the 730,001 that filed for 2024.
What year had the most Thai companies filing financial statements?
2024 holds the record so far at 730,001 filings. 2025 is the only year in the 2007 to 2025 span to fall short of the year before it.
Why does the registry use a different year than the calendar year I expect?
The DBD registry records statement years on the Buddhist calendar, which runs 543 years ahead of the Gregorian calendar. Buddhist year 2568 is Gregorian 2025.
Is the drop in 2025 filings a real decline in Thai business activity?
It may be partly a timing effect. Companies are given months after their fiscal year end to file, so the newest year in any snapshot is typically the least complete, and part of the 2025 shortfall could still arrive as late filings are processed.
Cite this page
Chatpong L. (2026). Thai Financial Statement Filings by Year: 2007 to 2025. Max Data Insights. https://maxdatathailand.com/insights/thai-financial-statement-filings-by-year-2007-2025
Data & corrections
Download the data (CSV)Spot something off, or want to ask about the data? Email insights@maxsolutions.co.th. We publish corrections.
Written by
Chatpong L.Founder, Max Data, Max Solutions Co., Ltd.
Chatpong L. leads Max Data, a company-intelligence platform built on Thailand's official business registry. He writes about the structure of the Thai economy using primary registry data. His work covers company formation, industry concentration, and regional business activity.
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This page reports company-level and aggregate statistics only. It names no individuals and makes no claims about any person. Figures are provided for information and may be revised as source data updates.