Thailand: Government spending, in dollars

* indicates monthly or quarterly data series
 Thailand

Government spending, billion USD

 Latest value 85.71
 Year 2023
 Measure billion U.S. dollars
 Data availability 1960 - 2023
 Average 24.21
 Min - Max 0.25 - 92.30
 Source The World Bank
The latest value from 2023 is 85.71 billion U.S. dollars, a decline from 87.84 billion U.S. dollars in 2022. In comparison, the world average is 69.63 billion U.S. dollars, based on data from 131 countries. Historically, the average for Thailand from 1960 to 2023 is 24.21 billion U.S. dollars. The minimum value, 0.25 billion U.S. dollars, was reached in 1960 while the maximum of 92.3 billion U.S. dollars was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Thailand - Government spending, in dollars - Recent values chart

Historical series
Thailand - Government spending, in dollars - historical chart - 1960-2023




Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 17.73 2022 percent
 Government spending, in dollars 85.71 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -2.80 2023 percent
 Government debt 61.34 2023 percent
 Government expenditure 744.90 Q2/2024 billion
 Tax revenue 14.32 2021 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 42.86 2021 percent
 Taxes on international trade 3.11 2021 percent
 Income and profits taxes 30.91 2021 percent
 Foreign aid 131.44 2021 million U.S. dollars
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