Thailand recorded a government budget deficit of 19521 THB Million in May of 2020.

Government Budget Value in Thailand averaged -718.13 THB Million from 1987 until 2020, reaching an all time high of 217720 THB Million in June of 2012 and a record low of -258195 THB Million in October of 2016. This page provides - Thailand Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Government Budget Value - values, historical data and charts - was last updated on August of 2020. source: Bank Of Thailand

Government Budget Value in Thailand is expected to be -130887.00 THB Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Thailand to stand at -12340.00 in 12 months time. In the long-term, the Thailand Government Budget Value is projected to trend around 1933.00 THB Million in 2021 and 20531.00 THB Million in 2022, according to our econometric models.

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Thailand Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-19521.00 -143051.00 217720.00 -258195.00 1987 - 2020 THB Million Monthly
Current Prices, NSA

Thailand Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.80 41.20 57.80 15.20 percent [+]
Government Budget -1.90 -2.40 4.90 -5.10 percent of GDP [+]
Government Budget Value -19521.00 -143051.00 217720.00 -258195.00 THB Million [+]
Government Spending 391965.00 398232.00 401890.00 113953.00 THB Million [+]
Government Revenues 249043.00 132081.00 381711.00 14663.30 THB Million [+]
Fiscal Expenditure 214870.00 151602.00 409249.00 15678.00 THB Million [+]
Military Expenditure 6420.00 6306.00 6420.00 369.00 USD Million [+]
Credit Rating 65.00 [+]


Thailand Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.