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. source: Ministry of Finance, Thailand

Government Budget in Thailand is expected to be -2.90 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Government Budget is projected to trend around -3.00 percent of GDP in 2020, according to our econometric models.

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Thailand Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.50 -2.70 4.90 -5.10 1979 - 2018 percent of GDP Yearly

Thailand Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Thailand Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.80 41.20 57.80 15.20 percent [+]
Government Budget -2.50 -2.70 4.90 -5.10 percent of GDP [+]
Government Budget Value -14697.00 188252.00 217720.00 -258195.00 THB Million [+]
Government Spending 395931.00 394584.00 399701.00 113953.00 THB Million [+]
Government Revenues 173307.00 255924.00 381595.00 14663.30 THB Million [+]
Fiscal Expenditure 155368.00 347711.00 409249.00 15678.00 THB Million [+]
Military Expenditure 6420.00 6306.00 6420.00 369.00 USD Million [+]
Credit Rating 65.00 [+]