Government Spending in Thailand increased to 400145 THB Million in the first quarter of 2019 from 393033 THB Million in the fourth quarter of 2018. Government Spending in Thailand averaged 251466.91 THB Million from 1993 until 2019, reaching an all time high of 400145 THB Million in the first quarter of 2019 and a record low of 113953 THB Million in the first quarter of 1993.

Government Spending in Thailand is expected to be 397130.00 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 405586.00 in 12 months time. In the long-term, the Thailand Government Spending is projected to trend around 434048.00 THB Million in 2020, according to our econometric models.

Thailand Government Spending
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Thailand Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.80 41.20 57.80 15.20 percent [+]
Government Budget -2.50 -2.70 4.90 -5.10 percent of GDP [+]
Government Budget Value -10026.00 -49461.00 217720.00 -258195.00 THB Million [+]
Government Spending 400145.00 393033.00 400145.00 113953.00 THB Million [+]
Government Revenues 169388.00 174640.00 350154.00 14663.30 THB Million [+]
Fiscal Expenditure 233509.00 178113.00 409249.00 15678.00 THB Million [+]
Military Expenditure 6420.00 6306.00 6420.00 369.00 USD Million [+]
Credit Rating 63.26 [+]


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. This page provides - Thailand Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Government Spending - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
400145.00 393033.00 400145.00 113953.00 1993 - 2019 THB Million Quarterly
Constant Prices 2002 SA




Country Last Previous
Argentina 90795.00 Mar/19
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Canada 422881.00 Mar/19
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Germany 143.22 Mar/19
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Spain 56820.00 Mar/19
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Turkey 57997834.60 Mar/19
United Kingdom 94208.00 Mar/19
United States 3208.09 Mar/19


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