Budget balance — all countries

Budget balance — Thailand

Budget balance in Thailand in 2031 — -2.2%. Ranked 88 in the world out of 188. Since 1995, the indicator has fallen by 5.3 pp.

2031 -2.2% +0 pp vs 2030
World rank 88of 188
Period maximum 3.1%1995
Period minimum -9%1999

Trend over time

1995–2031 · % of GDP

Budget balance — Thailand, 1995–2031-10-50519951999200320072011201520192023202720311995: 3.1%1996: 2.7%1997: -1.7%1998: -6.3%1999: -9%2000: -1.8%2001: -1.8%2002: -6.7%2003: 2%2004: 1.1%2005: 2.2%2006: 1.9%2007: 0.2%2008: 0.8%2009: -2.2%2010: -1.1%2011: 0.1%2012: -0.9%2013: 0.6%2014: -0.7%2015: 0.2%2016: 0.4%2017: -0.5%2018: 0.2%2019: 0.4%2020: -4.5%2021: -6.7%2022: -4.6%2023: -1.9%2024: -1.3%2025: -1.9%2026: -2.2%2027: -1.9%2028: -2%2029: -2.2%2030: -2.2%2031: -2.2%
Change over the period: −5.3 pp Annual average: -0.15 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Thailand

Thailand -2.2%
World computed -4.85%
East Asia & Pacific computed -5.66%
South-Eastern Asia computed -1.82%
Budget balance — Thailand, by year Thailand All countries CSV XLSX
Year % Change, pp
2031 -2.2 +0 pp
2030 -2.2 +0 pp
2029 -2.2 −0.2 pp
2028 -2 −0.1 pp
2027 -1.9 +0.3 pp
2026 -2.2 −0.3 pp
2025 -1.9 −0.6 pp
2024 -1.3 +0.6 pp
2023 -1.9 +2.7 pp
2022 -4.6 +2.1 pp
2021 -6.7 −2.2 pp
2020 -4.5 −4.9 pp
2019 0.4 +0.2 pp
2018 0.2 +0.7 pp
2017 -0.5 −0.9 pp
2016 0.4 +0.2 pp
2015 0.2 +0.9 pp
2014 -0.7 −1.3 pp
2013 0.6 +1.5 pp
2012 -0.9 −1 pp
2011 0.1 +1.2 pp
2010 -1.1 +1.1 pp
2009 -2.2 −3 pp
2008 0.8 +0.6 pp
2007 0.2 −1.7 pp
2006 1.9 −0.3 pp
2005 2.2 +1.1 pp
2004 1.1 −0.9 pp
2003 2 +8.7 pp
2002 -6.7 −4.9 pp
2001 -1.8 +0 pp
2000 -1.8 +7.2 pp
1999 -9 −2.7 pp
1998 -6.3 −4.6 pp
1997 -1.7 −4.4 pp
1996 2.7 −0.4 pp
1995 3.1

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.