Government Spending in Thailand decreased to 386188 THB Million in the third quarter of 2018 from 387102 THB Million in the second quarter of 2018. Government Spending in Thailand averaged 248673.95 THB Million from 1993 until 2018, reaching an all time high of 394051 THB Million in the fourth quarter of 2016 and a record low of 113953 THB Million in the first quarter of 1993.

Government Spending in Thailand is expected to be 409702.00 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 402199.00 in 12 months time. In the long-term, the Thailand Government Spending is projected to trend around 438873.00 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 -2.70 -2.70 4.90 -5.10 percent of GDP [+]
Government Budget Value 111540.00 54285.00 217720.00 -252799.00 THB Million [+]
Government Spending 386188.00 387102.00 394051.00 113953.00 THB Million [+]
Government Revenues 218301.00 292167.00 350154.00 14663.30 THB Million [+]
Fiscal Expenditure 400602.00 180627.00 409064.00 15678.00 THB Million [+]
Military Expenditure 6075.70 5876.30 6075.70 353.30 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
386188.00 387102.00 394051.00 113953.00 1993 - 2018 THB Million Quarterly
Constant Prices 2002 SA




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