Thailand: Fiscal balance, percent of GDP
:
For that indicator, we provide data for Thailand from 1979 to 2019. The average value for Thailand during that period was -1 percent with a minimum of -5.1 percent in 1982 and a maximum of 4.9 percent in 1991.
The latest value from 2019 is -1.8 percent. For comparison, the world average in 2019 based on 158
countries is -1.68 percent.
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global rankings for that indicator or
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country comparator to compare trends over time.
Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
