Expense in Thailand
Thailand: Expense was 3.73 trillion current LCU in 2023. ◆ Volatile
Expense in Thailand, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Thailand recorded 3.73 trillion current LCU for expense in 2023.
The figure is down 3.5% on the previous year and up 45.7% over ten years.
Over the whole period, expense in Thailand peaked at 4.07 trillion current LCU in 2021 and was at its lowest, 21.23 billion current LCU, in 1972.
That places Thailand 36th out of 157 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 43.89 billion current LCU | 21.23 billion current LCU | 78.10 billion current LCU | 8 |
| 1980s | 166.22 billion current LCU | 101.78 billion current LCU | 232.40 billion current LCU | 10 |
| 1990s | 496.71 billion current LCU | 257.17 billion current LCU | 936.37 billion current LCU | 10 |
| 2000s | 1.21 trillion current LCU | 684.62 billion current LCU | 1.78 trillion current LCU | 10 |
| 2010s | 2.63 trillion current LCU | 1.88 trillion current LCU | 3.15 trillion current LCU | 10 |
| 2020s | 3.81 trillion current LCU | 3.58 trillion current LCU | 4.07 trillion current LCU | 4 |
Countries ranked near Thailand
More public sector data for Thailand
- Arms imports 73.00 million SIPRI trend indicator values (2024)
- Tax revenue 15.2% (2024)
- Taxes on income, profits and capital gains 29.9% (2024)
- Taxes on goods and services 41.7% (2024)
- Net investment in nonfinancial assets 2.3% (2024)
- Net lending (+) / net borrowing (-) -1.5% (2024)
- Interest payments 5.8% (2024)
- Grants and other revenue 20.0% (2024)
- Interest payments 5.5% (2023)
- Other taxes 0.6% (2024)
Frequently asked questions
- What is expense in Thailand?
- Expense in Thailand was 3.73 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Thailand?
- The highest recorded value was 4.07 trillion current LCU in 2021.
- What is the lowest expense recorded in Thailand?
- The lowest recorded value was 21.23 billion current LCU in 1972.
- How does Thailand rank for expense?
- Thailand ranks 36th out of 157 countries with data for 2023.
- Is expense rising or falling in Thailand?
- Over the last ten years it is up 45.7%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.