Thailand recorded a Government Budget deficit equal to 6.10 percent of the country's Gross Domestic Product in 2020. source: Ministry of Finance, Thailand
Government Budget in Thailand averaged -1.14 percent of GDP from 1979 until 2020, reaching an all time high of 4.90 percent of GDP in 1991 and a record low of -6.10 percent of GDP in 2020. 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 July of 2021.
Government Budget in Thailand is expected to reach -5.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Government Budget is projected to trend around -1.50 percent of GDP in 2022 and -2.00 percent of GDP in 2023, according to our econometric models.