Thailand Forecast: Government Expenditure
1995 - 2027 | Yearly | THB bn | International Monetary Fund
Key information about Thailand Forecast: Government Expenditure
- Thailand Government Expenditure is forecasted to be 4,250.148 THB bn in Sep 2023 as reported by International Monetary Fund.
- It records an increase from the last reported number of 4,363.864 THB bn in Sep 2022.
- Looking ahead, Thailand Government Expenditure is projected to stand at 5,260.891 THB bn in Sep 2027.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Thailand's Forecast: Government Expenditure from 1995 to 2027 in the chart:
What is Thailand's Forecast: Government Expenditure in 2027?
Thailand Government Expenditure is forecasted to be 4,250.148 THB bn in Sep 2023 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 5,260.891 2027 | 5,051.977 2026 | 701.724 1995 | 5,260.891 2027 | THB bn | yearly | 1995 - 2027 |
Forecast: Government Expenditure by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 432.266 2020 | yearly | 2002 - 2020 |
| Albania (ALL bn) | 805.245 2027 | yearly | 1997 - 2027 |
| Algeria (DZD bn) | 16,414.456 2027 | yearly | 1990 - 2027 |
| Andorra (%) | 34.828 2027 | yearly | 2001 - 2027 |
| Angola (AOA bn) | 17,424.123 2027 | yearly | 1996 - 2027 |
| Antigua and Barbuda (XCD bn) | 1.349 2027 | yearly | 1990 - 2027 |
| Argentina (ARS bn) | 224,067.717 2027 | yearly | 1993 - 2027 |
| Armenia (AMD bn) | 3,280.353 2027 | yearly | 2005 - 2027 |
| Aruba (%) | 21.612 2027 | yearly | 1995 - 2027 |
| Australia (AUD bn) | 1,062.322 2027 | yearly | 1988 - 2027 |
| Austria (EUR bn) | 269.509 2027 | yearly | 1988 - 2027 |
| Azerbaijan (AZN bn) | 49.977 2027 | yearly | 1994 - 2027 |
| Bahamas (BSD bn) | 3.799 2027 | yearly | 1990 - 2027 |
| Bahrain (BHD bn) | 5.093 2027 | yearly | 1990 - 2027 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 4.311 2028 | yearly | 1995 - 2028 |
| Belarus (BYN bn) | 105.751 2027 | yearly | 2001 - 2027 |
| Belgium (EUR bn) | 368.160 2027 | yearly | 1980 - 2027 |
| Belize (BZD bn) | 1.670 2027 | yearly | 1996 - 2027 |
| Benin (XOF bn) | 3,114.654 2027 | yearly | 1989 - 2027 |
| Bhutan (BTN bn) | 97.386 2027 | yearly | 1981 - 2027 |
| Bolivia (BOB bn) | 132.318 2027 | yearly | 1984 - 2027 |
| Bosnia and Herzegovina (BAM bn) | 23.052 2027 | yearly | 1998 - 2027 |
| Botswana (BWP bn) | 96.698 2028 | yearly | 1981 - 2028 |
| Brazil (BRL bn) | 4,363.629 2027 | yearly | 1996 - 2027 |
| Brunei (BND bn) | 5.923 2027 | yearly | 1980 - 2027 |
| Bulgaria (BGN bn) | 73.373 2027 | yearly | 1998 - 2027 |
| Burkina Faso (XOF bn) | 3,888.759 2027 | yearly | 1985 - 2027 |
| Burundi (BIF bn) | 3,778.996 2027 | yearly | 1990 - 2027 |
| Cambodia (KHR bn) | 49,440.972 2027 | yearly | 1996 - 2027 |
| Cameroon (XAF bn) | 6,457.509 2027 | yearly | 2000 - 2027 |
| Canada (CAD bn) | 1,399.486 2027 | yearly | 1980 - 2027 |
| Cape Verde (CVE bn) | 83.171 2027 | yearly | 1994 - 2027 |
| Central African Republic (XAF bn) | 379.642 2027 | yearly | 1988 - 2027 |
| Chad (XAF bn) | 1,507.374 2027 | yearly | 1995 - 2027 |
| Chile (CLP bn) | 89,240.298 2027 | yearly | 1990 - 2027 |
| China (RMB bn) | 56,221.595 2027 | yearly | 1982 - 2027 |
| Colombia (COP bn) | 586,990.717 2027 | yearly | 1982 - 2027 |
| Comoros (KMF bn) | 151.807 2027 | yearly | 1984 - 2027 |
| Congo (XAF bn) | 2,431.403 2027 | yearly | 1989 - 2027 |
| Costa Rica (CRC bn) | 10,382.270 2027 | yearly | 1990 - 2027 |
| Croatia (HRK bn) | 288.395 2027 | yearly | 1992 - 2027 |
| Cyprus (EUR bn) | 12.830 2027 | yearly | 1995 - 2027 |
| Czech Republic (CZK bn) | 3,908.838 2027 | yearly | 1995 - 2027 |
| Democratic Republic of Congo (CDF bn) | 41,055.117 2027 | yearly | 1996 - 2027 |
| Denmark (DKK bn) | 1,672.531 2027 | yearly | 1980 - 2027 |
| Djibouti (DJF bn) | 201.583 2027 | yearly | 1990 - 2027 |
| Dominica (XCD bn) | 0.989 2027 | yearly | 1990 - 2027 |
| Dominican Republic (DOP bn) | 1,685.320 2027 | yearly | 1997 - 2027 |
| Ecuador (USD bn) | 44.173 2027 | yearly | 1995 - 2027 |
| Egypt (EGP bn) | 4,159.489 2027 | yearly | 1999 - 2027 |
| El Salvador (SVC bn) | 12.532 2027 | yearly | 1990 - 2027 |
| Equatorial Guinea (XAF bn) | 912.026 2027 | yearly | 1980 - 2027 |
| Eritrea (ERN bn) | 17.502 2027 | yearly | 1992 - 2027 |
| Estonia (EUR bn) | 21.001 2027 | yearly | 1995 - 2027 |
| Swaziland (SZL bn) | 29.289 2028 | yearly | 1981 - 2028 |
| Ethiopia (ETB bn) | 2,741.006 2027 | yearly | 1980 - 2027 |
| Fiji (FJD bn) | 4.616 2027 | yearly | 1992 - 2027 |
| Finland (EUR bn) | 170.484 2027 | yearly | 1980 - 2027 |
| France (EUR bn) | 1,763.222 2027 | yearly | 1980 - 2027 |
| Gabon (XAF bn) | 2,508.979 2027 | yearly | 1990 - 2027 |
| Gambia (GMD bn) | 44.820 2027 | yearly | 2000 - 2027 |
| Georgia (GEL bn) | 30.610 2027 | yearly | 1995 - 2027 |
| Germany (EUR bn) | 2,213.314 2027 | yearly | 1991 - 2027 |
| Ghana (GHS bn) | 316.152 2027 | yearly | 1980 - 2027 |
| Greece (EUR bn) | 111.803 2027 | yearly | 1980 - 2027 |
| Grenada (XCD bn) | 1.126 2027 | yearly | 1990 - 2027 |
| Guatemala (GTQ bn) | 138.552 2027 | yearly | 1995 - 2027 |
| Guinea (GNF bn) | 59,801.132 2027 | yearly | 1990 - 2027 |
| Guinea-Bissau (GWP bn) | 307.124 2027 | yearly | 1991 - 2027 |
| Guyana (GYD bn) | 754.632 2027 | yearly | 1997 - 2027 |
| Haiti (HTG bn) | 514.714 2027 | yearly | 1997 - 2027 |
| Honduras (HNL bn) | 194.475 2021 | yearly | 1990 - 2021 |
| Hong Kong SAR, China (HKD bn) | 879.080 2028 | yearly | 1982 - 2028 |
| Hungary (HUF bn) | 38,583.142 2027 | yearly | 1995 - 2027 |
| Iceland (ISK bn) | 2,038.946 2027 | yearly | 1980 - 2027 |
| India (INR bn) | 129,850.268 2028 | yearly | 1989 - 2028 |
| Indonesia (IDR bn) | 4,821,802.548 2027 | yearly | 1993 - 2027 |
| Iran (IRR bn) | 60,979,884.608 2028 | yearly | 1991 - 2028 |
| Iraq (IQD bn) | 157,206.343 2027 | yearly | 2004 - 2027 |
| Ireland (EUR bn) | 143.234 2027 | yearly | 1980 - 2027 |
| Israel (ILS bn) | 886.611 2027 | yearly | 2000 - 2027 |
| Italy (EUR bn) | 1,095.118 2027 | yearly | 1988 - 2027 |
| Ivory Coast (XOF bn) | 11,674.689 2027 | yearly | 1997 - 2027 |
| Jamaica (JMD bn) | 894.740 2028 | yearly | 1991 - 2028 |
| Japan (JPY bn) | 221,664.436 2027 | yearly | 1980 - 2027 |
| Jordan (JOD bn) | 12.705 2027 | yearly | 1985 - 2027 |
| Kazakhstan (KZT bn) | 34,470.474 2027 | yearly | 2002 - 2027 |
| Kenya (KES bn) | 5,065.801 2027 | yearly | 1982 - 2027 |
| Kiribati (AUD bn) | 0.418 2027 | yearly | 1990 - 2027 |
| South Korea (KRW bn) | 698,483.475 2027 | yearly | 1995 - 2027 |
| Kosovo (EUR bn) | 3.516 2027 | yearly | 2000 - 2027 |
| Kuwait (KWD bn) | 27.150 2027 | yearly | 1990 - 2027 |
| Kyrgyzstan (KGS bn) | 584.546 2027 | yearly | 1995 - 2027 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (LVL bn) | 18.622 2027 | yearly | 1998 - 2027 |
| Lebanon (LBP bn) | 18,711.559 2020 | yearly | 1990 - 2020 |
| Lesotho (LSL bn) | 26.839 2028 | yearly | 1983 - 2028 |
| Liberia (LRD bn) | 1.528 2027 | yearly | 2000 - 2027 |
| Libya (LYD bn) | 117.824 2027 | yearly | 1990 - 2027 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.5 Sep 2022 | quarterly | Sep 2002 - Sep 2022 |
| Consolidated Fiscal Balance (USD mn) | 2,180.763 Dec 2022 | monthly | Oct 2001 - Dec 2022 |
| Tax Revenue (USD mn) | 68,602.250 2021 | yearly | 1984 - 2021 |
| Tax Revenue: % of GDP (%) | 13.3 2021 | yearly | 1990 - 2021 |
| National Government Debt (USD mn) | 261,936.8 Nov 2022 | monthly | Oct 1997 - Nov 2022 |
| Government Debt: % of GDP (%) | 53.4 Sep 2022 | quarterly | Dec 1997 - Sep 2022 |
| Forecast: Government Expenditure (THB bn) | 5,260.891 2027 | yearly | 1995 - 2027 |
| Forecast: Government Net Debt (THB bn) | 12,987.820 2027 | yearly | 1996 - 2027 |
| Forecast: Government Revenue (THB bn) | 4,502.881 2027 | yearly | 1995 - 2027 |
| Govt Revenue: Gross: Excise Dept (THB mn) | 47,541.47 Jun 2018 | monthly | Oct 1989 - Jun 2018 |
| Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) | 68,616.81 Jun 2018 | monthly | Oct 1989 - Jun 2018 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.512 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | -1,033.9 Dec 2022 | monthly | Jan 1957 - Dec 2022 |
| Total Exports (USD mn) | 21,718.8 Dec 2022 | monthly | Oct 1990 - Dec 2022 |
| Total Exports Growth (%) | -6.1 Dec 2022 | monthly | Oct 1991 - Dec 2022 |
| Aluminum: Exports (USD th) | 1,101,803.268 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 425,567.013 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 207,031.387 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 22,752.7 Dec 2022 | monthly | Jan 1991 - Dec 2022 |
| Total Imports Growth (%) | -3.3 Dec 2022 | monthly | Jan 1992 - Dec 2022 |
| Imports: Medicament (USD th) | 1,717,678.030 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,086,777.011 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 3,957.446 Dec 2022 | monthly | Jan 1971 - Dec 2022 |
| Total Imports from USA (USD mn) | 1,372.753 Nov 2022 | monthly | Jan 1971 - Nov 2022 |
| Total Exports to China (USD mn) | 2,558.733 Dec 2022 | monthly | Sep 1978 - Dec 2022 |
| Total Imports from China (USD mn) | 5,551.810 Dec 2022 | monthly | Apr 1974 - Dec 2022 |
| MoC: Exports: Custom Basis (THB mn) | 776,323.572 Dec 2022 | monthly | Oct 1990 - Dec 2022 |
| MoC: Imports: Custom Basis (THB mn) | 823,081.461 Dec 2022 | monthly | Jan 1991 - Dec 2022 |
| MoC: Trade Balance: Custom Basis (THB mn) | -46,757.889 Dec 2022 | monthly | Jan 1991 - Dec 2022 |
| Exports: Mfg: Machinery & Equipment (THB mn) | 65,054.790 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Exports: Agriculture: Rubber (THB mn) | 16,820.770 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Exports: Mfg: Electronics: Computer Parts (THB mn) | 58,184.910 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Exports: Agriculture: Rice (THB mn) | 12,522.650 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Exports: Mfg: Automotive (THB mn) | 128,902.070 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Imports: RM: Non-Agro: Base Metal Materials (THB mn) | 78,500.930 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Imports: RM: Non-Agro: Electronic Parts (THB mn) | 102,308.670 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Imports: Capital Goods: Machinery and Equipment (ME) (THB mn) | 148,385.460 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Imports: Others: Non-Monetary Gold (THB mn) | 38,118.000 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Imports: Consumer Goods: ND: Animal and Fishery (THB mn) | 11,411.360 Dec 2021 | monthly | Jan 1995 - Dec 2021 |
| Imports Volume: Liquefied Natural Gas (Cub ft mn) | 26,039.160 Dec 2022 | monthly | Jan 2010 - Dec 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,223.7 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Current Account Balance (USD mn) | -445.2 Nov 2022 | monthly | Jan 1985 - Nov 2022 |
| Current Account Balance: % of GDP (%) | -6.4 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Foreign Direct Investment (USD mn) | -517.0 Jul 2020 | monthly | Jan 2005 - Jul 2020 |
| Foreign Direct Investment: % of GDP (%) | 1.6 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Foreign Portfolio Investment (USD mn) | -438.010 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Foreign Portfolio Investment: % of GDP (%) | -0.4 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 779.6 Sep 2022 | quarterly | Mar 1976 - Sep 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -1,217.630 Sep 2022 | quarterly | Mar 1976 - Sep 2022 |
| External Debt (USD mn) | 187,878.0 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| External Debt: % of GDP (%) | 37.0 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| External Debt: Short Term (USD mn) | 76,389.7 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| External Debt: Short Term: % of GDP (%) | 14.8 2021 | yearly | 1980 - 2021 |
| Forecast: Current Account Balance (USD bn) | 24.316 2027 | yearly | 1980 - 2027 |
| Net International Investment Position (USD mn) | 19,013.290 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BOP: USD: Current Account Balance (USD mn) | -445.220 Nov 2022 | monthly | Jan 2005 - Nov 2022 |
| Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) | 139.20 Jun 2018 | monthly | Jan 2010 - Jun 2018 |
| FDI: Financial & Insurance Activities (THB mn) | 26,392.170 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| FDI: Manufacturing (THB mn) | 30,604.360 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) | 40.270 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| FDI: Construction (THB mn) | 830.090 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| FDI: Mining & Quarrying (THB mn) | -323.750 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.0 Dec 2019 | quarterly | Mar 1998 - Dec 2019 |
| Household Debt: % of GDP (%) | 86.8 Sep 2022 | quarterly | Mar 2003 - Sep 2022 |
| Non-Performing Loans (USD mn) | 13,323.244 Sep 2022 | quarterly | Mar 1998 - Sep 2022 |
| Money Supply M1 (USD mn) | 84,158.395 Nov 2022 | monthly | Dec 1975 - Nov 2022 |
| Money Supply M2 (USD mn) | 707,912.195 Nov 2022 | monthly | Jan 1997 - Nov 2022 |
| M2 Growth (%) | 4.8 Nov 2022 | monthly | Jan 1998 - Nov 2022 |
| Reserve Requirement Ratio (%) | 1.0 Dec 2022 | monthly | Sep 1997 - Dec 2022 |
| Foreign Exchange Reserves (USD mn) | 195,582.2 Dec 2022 | monthly | Jan 1993 - Dec 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 8.6 Dec 2022 | monthly | Jan 1991 - Dec 2022 |
| Gold Reserves (USD mn) | 14,322.870 Dec 2022 | monthly | Dec 1956 - Dec 2022 |
| Total Deposits (USD mn) | 486,753.630 Nov 2022 | monthly | Dec 2000 - Nov 2022 |
| Total Deposits Growth (%) | 4.8 Nov 2022 | monthly | Dec 2001 - Nov 2022 |
| Domestic Credit (USD mn) | 719,479.1 Nov 2022 | monthly | Jan 2003 - Nov 2022 |
| Domestic Credit Growth (%) | 5.9 Nov 2022 | monthly | Jan 2004 - Nov 2022 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 14.300 Jun 2022 | quarterly | Mar 1999 - Jun 2022 |
| Credit to Households (USD bn) | 420.717 Jun 2022 | quarterly | Dec 1991 - Jun 2022 |
| Credit to Private Non-Financial Sector (USD bn) | 840.077 Jun 2022 | quarterly | Mar 1957 - Jun 2022 |
| Household Debt (USD mn) | 394,996.4 Sep 2022 | quarterly | Mar 2003 - Sep 2022 |
| Total Loans (USD mn) | 496,629.297 Nov 2022 | monthly | Jan 2007 - Nov 2022 |
| Total Loans Growth (%) | 2.98 Nov 2022 | monthly | Jan 2008 - Nov 2022 |
| Private Debt: % of Nominal GDP (%) | 164.71 Sep 2022 | quarterly | Mar 2011 - Sep 2022 |
| MA: Narrow Money (NM) (THB mn) | 2,967,425.000 Nov 2022 | monthly | Jan 1997 - Nov 2022 |
| Monetary Aggregates (MA): Broad Money (THB mn) | 24,960,984.000 Nov 2022 | monthly | Jan 1997 - Nov 2022 |
| MA: Quasi Money (THB mn) | 21,993,559.000 Nov 2022 | monthly | Jan 1997 - Nov 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 68.112 2019 | yearly | 2017 - 2019 |
| Business Confidence Growth (% Point) | -1.2 Dec 2022 | monthly | Feb 2000 - Dec 2022 |
| Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) | 150.37 Jun 2018 | monthly | Jan 1993 - Jun 2018 |
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