Government Spending in Thailand decreased to 402729 THB Million in the fourth quarter of 2020 from 411816 THB Million in the third quarter of 2020. source: Nesdb, Thailand

Government Spending in Thailand averaged 260824.04 THB Million from 1993 until 2020, reaching an all time high of 411816 THB Million in the third quarter of 2020 and a record low of 113953 THB Million in the first quarter of 1993. This page provides - Thailand Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Government Spending - values, historical data and charts - was last updated on February of 2021.

Government Spending in Thailand is expected to be 400342.00 THB Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Thailand to stand at 434466.00 in 12 months time. In the long-term, the Thailand Government Spending is projected to trend around 450976.00 THB Million in 2022 and 468113.00 THB Million in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Thailand Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
402729.00 411816.00 411816.00 113953.00 1993 - 2020 THB Million Quarterly
Constant Prices 2002 SA

Thailand Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.10 41.80 57.80 15.20 percent [+]
Government Budget -1.90 -2.40 4.90 -5.10 percent of GDP [+]
Government Budget Value 13238.00 34284.00 217720.00 -258195.00 THB Million [+]
Government Spending 402729.00 411816.00 411816.00 113953.00 THB Million [+]
Government Revenues 202573.00 157966.00 381711.00 14663.30 THB Million [+]
Fiscal Expenditure 234750.00 292618.00 409249.00 15678.00 THB Million [+]
Military Expenditure 6420.00 6306.00 6420.00 369.00 USD Million [+]
Credit Rating 65.00 [+]

Thailand Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.