Expense in Thailand
Thailand: Expense was 20.7% in 2023. ▲ Rising
Expense in Thailand, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Thailand recorded 20.7% for expense in 2023.
The figure is down 6.8% on the previous year and up 4.6% over ten years.
Over the whole period, expense in Thailand peaked at 25.1% in 2021 and was at its lowest, 10.3%, in 1974.
That places Thailand 105th out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.5% | 10.3% | 14.0% | 8 |
| 1980s | 15.4% | 12.5% | 17.0% | 10 |
| 1990s | 12.9% | 10.8% | 19.5% | 10 |
| 2000s | 16.2% | 13.5% | 20.2% | 10 |
| 2010s | 19.1% | 17.4% | 20.0% | 10 |
| 2020s | 22.7% | 20.7% | 25.1% | 4 |
Countries ranked near Thailand
More economy & growth data for Thailand
- DEC alternative conversion factor 32.88 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 310.09 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 9.43 billion current US$ (2025)
- Net primary income (Net income from abroad) -490.45 billion current LCU (2025)
- Net primary income (Net income from abroad) -14.91 billion current US$ (2025)
- GNI per capita 258,075 current LCU (2025)
- GNI per capita, Atlas method 7,690 current US$ (2025)
- GNI 18.48 trillion current LCU (2025)
- GNI 562.10 billion current US$ (2025)
- GNI, Atlas method 550.62 billion current US$ (2025)
Frequently asked questions
- What is expense in Thailand?
- Expense in Thailand was 20.7% 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 25.1% in 2021.
- What is the lowest expense recorded in Thailand?
- The lowest recorded value was 10.3% in 1974.
- How does Thailand rank for expense?
- Thailand ranks 105th out of 157 countries with data for 2023.
- Is expense rising or falling in Thailand?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.