Thailand recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2018.
Government Budget in Thailand averaged -1 percent of GDP from 1979 until 2018, reaching an all time high of 4.90 percent of GDP in 1991 and a record low of -5.10 percent of GDP in 1982. This page provides - Thailand Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Government Budget - values, historical data and charts - was last updated on October of 2020. source: Ministry of Finance, Thailand
Government Budget in Thailand is expected to reach -4.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Government Budget is projected to trend around -5.20 percent of GDP in 2021 and -3.00 percent of GDP in 2022, according to our econometric models.