Thailand: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 790.15 billion Thai Baht as of Q4 2024, a decline compared to the previous value of 856.67 billion Thai Baht. Historically, the average for Thailand from Q1 1993 to Q4 2024 is 401.62 billion Thai Baht. The minimum of 81.87 billion Thai Baht was recorded in Q1 1993, while the maximum of 856.67 billion Thai Baht was reached in Q3 2024.
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* indicates monthly or quarterly data series
- Measure: billion Thai Baht
- Source: Office of the National Economic and Social Development Board of Thailand
| Recent values | Thailand: Government expenditure, billion currency units |
|---|---|
| 2024 Q4 | 790.15 |
| 2024 Q3 | 856.67 |
| 2024 Q2 | 744.67 |
| 2024 Q1 | 709.51 |
| 2023 Q4 | 737.29 |
| 2023 Q3 | 796.1 |
| 2023 Q2 | 729.74 |
| 2023 Q1 | 720.3 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 16.65 | 2023 | percent |
| Government spending, in dollars | 85.71 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -2.80 | 2023 | percent |
| Government debt | 63.76 | 2024 | percent |
| Government expenditure | 790.15 | Q4/2024 | billion |
| Tax revenue | 14.38 | 2022 | percent |
| Commercial tax rate | 29.50 | 2019 | percent |
| Tax preparation time | 229 | 2019 | hours |
| Number of taxes | 21 | 2019 | taxes |
| Taxes on goods and services | 43.88 | 2022 | percent |
| Taxes on international trade | 3.35 | 2022 | percent |
| Income and profits taxes | 35.52 | 2022 | percent |
| Foreign aid | 554.00 | 2022 | million U.S. dollars |