Thailand recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2018. Government Budget in Thailand averaged -1 percent of GDP from 1979 until 2018, reaching an all time high of 4.90 percent of GDP in 1991 and a record low of -5.10 percent of GDP in 1982.
Government Budget in Thailand is expected to be -2.90 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Government Budget is projected to trend around -2.90 percent of GDP in 2020, according to our econometric models.