Thailand Consolidated Fiscal Balance: % of GDP

2002 - 2025 | Quarterly | % | CEIC Data

Key information about Thailand Consolidated Fiscal Balance: % of GDP

  • Thailand Consolidated Fiscal Balance recorded a deficit equal to 4.8 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 5.1 % in the previous quarter
  • Thailand Consolidated Fiscal Balance to GDP data is updated quarterly, available from Sep 2002 to Sep 2025, with an average ratio of -2.3 %
  • The data reached an all-time high of 0.7 % in Dec 2006 and a record low of -6.8 % in Dec 2020
CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. Fiscal Policy Office provides Consolidated Fiscal Balance in local currency. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency.


Further information about Thailand Consolidated Fiscal Balance: % of GDP

  • In the latest reports, Thailand National Government Debt reached 340.6 USD bn in Oct 2025
  • Thailand Nominal GDP reached 144.8 USD bn in Sep 2025

View Thailand's Consolidated Fiscal Balance: % of GDP from Sep 2002 to Sep 2025 in the chart:

Thailand Consolidated Fiscal Balance: % of GDP

What was Thailand's Consolidated Fiscal Balance: % of GDP in Sep 2025?

Thailand Consolidated Fiscal Balance recorded a deficit equal to 4.8 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 5.1 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-4.8 Sep 2025 -5.1 Jun 2025 -6.8 Dec 2020 0.7 Dec 2006 % quarterly Sep 2002 - Sep 2025

Consolidated Fiscal Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) -0.7 2024 yearly 1997 - 2024
Algeria (%) -2.6 2022 yearly 1994 - 2022
Argentina (%) 0.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Armenia (%) -3.4 Sep 2025 quarterly Dec 2002 - Sep 2025
Australia (%) -3.2 Sep 2025 quarterly Jun 2003 - Sep 2025
Austria (%) -4.9 Jun 2025 quarterly Dec 2001 - Jun 2025
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -4.8 2023 yearly 1998 - 2023
Bangladesh (%) -4.7 2024 yearly 2006 - 2024
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -4.5 2024 yearly 1970 - 2024
Bolivia (%) -11.2 2024 yearly 1990 - 2024
Bosnia and Herzegovina (%) 1.9 Jun 2025 quarterly Dec 2008 - Jun 2025
Botswana (%) -4.4 Jun 2025 quarterly Mar 2004 - Jun 2025
Brazil (%) -6.9 Sep 2025 quarterly Dec 1997 - Sep 2025
Brunei (%) -13.3 2024 yearly 2010 - 2024
Bulgaria (%) -4.3 Sep 2025 quarterly Sep 2003 - Sep 2025
Cambodia (%) -4.1 2023 yearly 2007 - 2023
Canada (%) -1.3 Sep 2025 quarterly Jun 1993 - Sep 2025
Chile (%) -2.8 2024 yearly 1990 - 2024
China (%) -5.1 Sep 2025 quarterly Dec 1995 - Sep 2025
Colombia (%) -7.1 Mar 2025 quarterly Dec 2000 - Mar 2025
Croatia (%) -2.4 2024 yearly 2002 - 2024
Cyprus (%) 4.4 Jun 2025 quarterly Dec 1995 - Jun 2025
Czech Republic (%) -2.1 Jun 2025 quarterly Dec 1999 - Jun 2025
Denmark (%) 3.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Ecuador (%) -2.8 Jun 2025 quarterly Dec 2000 - Jun 2025
Estonia (%) -0.9 Jun 2025 quarterly Dec 1999 - Jun 2025
European Union (%) -3.1 2024 yearly 1995 - 2024
Finland (%) -3.9 Jun 2025 quarterly Dec 1999 - Jun 2025
France (%) -5.5 Sep 2025 quarterly Dec 1949 - Sep 2025
Georgia (%) -1.9 Jun 2025 quarterly Dec 2006 - Jun 2025
Germany (%) -2.3 Sep 2025 quarterly Dec 1991 - Sep 2025
Ghana (%) -1.5 Jun 2025 quarterly Dec 2008 - Jun 2025
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) 1.3 Sep 2025 quarterly Mar 1997 - Sep 2025
Hungary (%) -3.4 Jun 2025 quarterly Dec 1999 - Jun 2025
Iceland (%) -2.0 Jun 2025 quarterly Mar 2002 - Jun 2025
India (%) -4.9 Sep 2025 quarterly Mar 2005 - Sep 2025
Indonesia (%) -2.7 Sep 2025 quarterly Dec 2014 - Sep 2025
Iran (%) -3.4 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 3.7 Jun 2025 quarterly Dec 2000 - Jun 2025
Israel (%) -4.8 Sep 2025 quarterly Dec 1999 - Sep 2025
Italy (%) -3.5 Mar 2025 quarterly Dec 1999 - Mar 2025
Ivory Coast (%) -4.0 2024 yearly 1960 - 2024
Japan (%) -4.6 2026 yearly 1996 - 2026
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.2 Sep 2025 quarterly Dec 2008 - Sep 2025
Kenya (%) -5.9 Jun 2025 quarterly Dec 2009 - Jun 2025
South Korea (%) -2.1 Sep 2025 quarterly Jun 2000 - Sep 2025
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) -2.1 2024 yearly 1988 - 2024
Kyrgyzstan (%) 7.5 Sep 2025 monthly Jan 2007 - Sep 2025
Laos (%) 2.3 2024 yearly 2012 - 2024
Latvia (%) -1.7 Jun 2025 quarterly Dec 1999 - Jun 2025
Lebanon (%) 0.9 2021 yearly 1992 - 2021
Lithuania (%) -1.8 Jun 2025 quarterly Dec 1999 - Jun 2025
Luxembourg (%) 0.9 2024 yearly 1995 - 2024
Macau SAR, China (%) 7.9 Jun 2025 quarterly Dec 2003 - Jun 2025
North Macedonia (%) -4.6 2024 yearly 1993 - 2024
Malawi (%) -1.3 Sep 2025 monthly Apr 2005 - Sep 2025
Malaysia (%) -6.4 2024 yearly 1970 - 2024
Malta (%) -4.0 Jun 2025 quarterly Dec 1999 - Jun 2025
Mauritius (%) -9.3 Jun 2025 quarterly Dec 2010 - Jun 2025
Mexico (%) -4.1 Sep 2025 quarterly Dec 1980 - Sep 2025
Moldova (%) -3.9 2024 yearly 1998 - 2024
Mongolia (%) -4.2 Sep 2025 quarterly Dec 2000 - Sep 2025
Montenegro (%) -5.1 Sep 2025 quarterly Dec 2012 - Sep 2025
Morocco (%) -4.0 2024 yearly 1980 - 2024
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -1.4 Jun 2025 quarterly Dec 1999 - Jun 2025
New Zealand (%) -1.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Nigeria (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Norway (%) 12.9 Jun 2025 quarterly Dec 2002 - Jun 2025
Oman (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -2.6 2025 yearly 2000 - 2025
Palestinian Territory (%) 1.4 2024 yearly 2010 - 2024
Panama (%) -7.9 2024 yearly 2003 - 2024
Paraguay (%) -0.7 Jun 2025 quarterly Dec 2003 - Jun 2025
Peru (%) -2.5 Sep 2025 quarterly Dec 1990 - Sep 2025
Philippines (%) -6.0 Sep 2025 quarterly Dec 1985 - Sep 2025
Poland (%) -6.5 2024 yearly 1995 - 2024
Portugal (%) 0.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Qatar (%) -0.4 Jun 2025 quarterly Mar 2011 - Jun 2025
Romania (%) -8.6 Sep 2025 quarterly Dec 2004 - Sep 2025
Russia (%) -3.6 Jun 2025 quarterly Dec 1993 - Jun 2025
Saudi Arabia (%) -2.8 2024 yearly 1969 - 2024
Serbia (%) -2.8 Sep 2025 quarterly Dec 2005 - Sep 2025
Singapore (%) 2.2 Sep 2025 quarterly Mar 2012 - Sep 2025
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -2.1 Sep 2025 quarterly Dec 2000 - Sep 2025
South Africa (%) -4.1 Sep 2025 quarterly Dec 1990 - Sep 2025
Spain (%) -3.2 Jun 2025 quarterly Dec 1995 - Jun 2025
Sri Lanka (%) -6.0 Jun 2025 quarterly Dec 2014 - Jun 2025
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) -1.6 2024 yearly 1995 - 2024
Switzerland (%) 0.5 2024 yearly 1990 - 2024

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Thailand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2025 quarterly Sep 2002 - Sep 2025
Consolidated Fiscal Balance (USD mn) -14,818.018 Oct 2025 monthly Oct 2001 - Oct 2025
Tax Revenue (USD mn) 68,755.587 2024 yearly 1984 - 2024
Tax Revenue: % of GDP (%) 13.2 2024 yearly 1990 - 2024
National Government Debt (USD mn) 340,585.0 Oct 2025 monthly Oct 1997 - Oct 2025
Government Debt: % of GDP (%) 58.3 Sep 2025 quarterly Dec 1997 - Sep 2025
Forecast: Government Expenditure (THB bn) 5,245.892 2030 yearly 1995 - 2030
Forecast: Government Net Debt (THB bn) 15,433.076 2030 yearly 1996 - 2030
Forecast: Government Revenue (THB bn) 4,709.205 2030 yearly 1995 - 2030
Total Public Debt as % of GDP (%) 65.240 Oct 2025 monthly Jan 2005 - Oct 2025
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) 68,616.81 Jun 2018 monthly Oct 1989 - Jun 2018
Govt Revenue: Gross: Excise Dept (THB mn) 47,541.47 Jun 2018 monthly Oct 1989 - Jun 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.640 2028 yearly 1980 - 2028
Trade Balance (USD mn) -3,436.9 Oct 2025 monthly Jan 1957 - Oct 2025
Total Exports (USD mn) 28,835.6 Oct 2025 monthly Oct 1990 - Oct 2025
Total Exports Growth (%) 1.3 Oct 2025 monthly Oct 1991 - Oct 2025
Aluminum: Exports (USD th) 1,786,225.975 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 538,858.502 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 138,487.036 2024 yearly 1995 - 2024
Total Imports (USD mn) 32,272.5 Oct 2025 monthly Jan 1991 - Oct 2025
Total Imports Growth (%) 11.4 Oct 2025 monthly Jan 1992 - Oct 2025
Imports: Medicament (USD th) 2,168,687.079 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,222,461.547 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 6,665.451 Oct 2025 monthly Jan 1971 - Oct 2025
Total Imports from USA (USD mn) 1,775.644 Oct 2025 monthly Jan 1971 - Oct 2025
Total Exports to China (USD mn) 3,113.666 Oct 2025 monthly Sep 1978 - Oct 2025
Total Imports from China (USD mn) 9,797.102 Oct 2025 monthly Apr 1974 - Oct 2025
MoC: Imports: Custom Basis (THB mn) 938,112.013 Jan 2025 monthly Jan 1991 - Jan 2025
MoC: Exports: Custom Basis (THB mn) 862,366.563 Jan 2025 monthly Oct 1990 - Jan 2025
MoC: Trade Balance: Custom Basis (THB mn) -75,745.450 Jan 2025 monthly Jan 1991 - Jan 2025
Imports Volume: Liquefied Natural Gas (Cub ft mn) 32,912.032 Oct 2025 monthly Jan 2010 - Oct 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,453.6 Jun 2025 quarterly Mar 2005 - Jun 2025
Current Account Balance (USD mn) -1,784.8 Oct 2025 monthly Jan 1985 - Oct 2025
Current Account Balance: % of GDP (%) 1.9 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 4.9 Jun 2025 quarterly Mar 1993 - Jun 2025
Foreign Portfolio Investment (USD mn) -2,528.950 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) -1.8 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 552.9 Jun 2025 quarterly Mar 1976 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -3,081.890 Jun 2025 quarterly Mar 1976 - Jun 2025
External Debt (USD mn) 201,188.5 Jun 2025 quarterly Mar 1999 - Jun 2025
External Debt: % of GDP (%) 35.5 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term (USD mn) 84,636.8 Jun 2025 quarterly Mar 1999 - Jun 2025
External Debt: Short Term: % of GDP (%) 16.4 2024 yearly 1980 - 2024
Forecast: Current Account Balance (USD bn) 11.357 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 109,479.150 Jun 2025 quarterly Mar 2012 - Jun 2025
BOP: USD: Current Account Balance (USD mn) -1,784.760 Oct 2025 monthly Jan 2005 - Oct 2025
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 86.8 Jun 2025 quarterly Mar 2003 - Jun 2025
Non-Performing Loans (USD mn) 15,892.732 Sep 2025 quarterly Mar 1998 - Sep 2025
Money Supply M1 (USD mn) 104,141.571 Oct 2025 monthly Dec 1975 - Oct 2025
Money Supply M2 (USD mn) 834,540.860 Oct 2025 monthly Jan 1997 - Oct 2025
M2 Growth (%) 3.0 Oct 2025 monthly Jan 1998 - Oct 2025
Reserve Requirement Ratio (%) 1.0 Nov 2025 monthly Sep 1997 - Nov 2025
Foreign Exchange Reserves (USD mn) 235,961.5 Nov 2025 monthly Jan 1993 - Nov 2025
Foreign Exchange Reserves: Months of Import (NA) 7.3 Oct 2025 monthly Jan 1991 - Oct 2025
Gold Reserves (USD mn) 31,908.980 Nov 2025 monthly Dec 1956 - Nov 2025
Total Deposits (USD mn) 549,779.214 Oct 2025 monthly Dec 2000 - Oct 2025
Total Deposits Growth (%) 0.8 Oct 2025 monthly Dec 2001 - Oct 2025
Domestic Credit (USD mn) 849,242.6 Oct 2025 monthly Jan 2003 - Oct 2025
Domestic Credit Growth (%) 2.3 Oct 2025 monthly Jan 2004 - Oct 2025
Debt Service Ratio: Private Non-Financial Sector (%) 14.500 Jun 2025 quarterly Mar 1999 - Jun 2025
Credit to Households (USD bn) 506.230 Jun 2025 quarterly Dec 1991 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 946.456 Jun 2025 quarterly Mar 1957 - Jun 2025
Household Debt (USD mn) 502,273.1 Jun 2025 quarterly Mar 2003 - Jun 2025
Total Loans (USD mn) 549,836.344 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans Growth (%) -1.99 Oct 2025 monthly Jan 2004 - Oct 2025
Private Debt: % of Nominal GDP (%) 162.66 Sep 2025 quarterly Mar 2011 - Sep 2025
Private Credits (THB mn) 30,554,405.000 Oct 2025 monthly Jan 2011 - Oct 2025
Credit: Outs: CB: Individuals (THB mn) 6,075,688.000 Oct 2025 monthly Jan 2004 - Oct 2025
Credit: Outs: CB: Businesses (THB mn) 6,437,995.000 Oct 2025 monthly Jan 2004 - Oct 2025
Deposit: Outs: CB: Businesses (THB mn) 5,757,593.000 Oct 2025 monthly Oct 2003 - Oct 2025
Deposit: Outs: CB: Individuals (THB mn) 8,842,727.000 Oct 2025 monthly Oct 2003 - Oct 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 1.4 Nov 2025 monthly Feb 2000 - Nov 2025
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018
Trade and Services Sentiment Index (TSSI): MSME: Present (NA) 53.100 Jan 2025 monthly Jan 2013 - Jan 2025

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