Budget balance in relation to GDP Thailand| Statista

Budget balance in relation to GDP in Thailand from 1995 to 2031

Characteristic	Budget balance in relation to GDP
2031	-2.22%
2030	-2.2%
2029	-2.19%
2028	-2.04%
2027	-1.94%
2026	-2.23%
2025	-1.91%
2024	-1.29%
2023	-1.91%
2022	-4.61%
2021	-6.72%
2020	-4.47%
2019	0.43%
2018	0.2%
2017	-0.51%
2016	0.41%
2015	0.19%
2014	-0.7%
2013	0.6%
2012	-0.86%
2011	0.09%
2010	-1.07%
2009	-2.21%
2008	0.8%
2007	0.22%
2006	1.87%
2005	2.17%
2004	1.11%
2003	1.98%
2002	-6.72%
2001	-1.77%
2000	-1.79%
1999	-9.02%
1998	-6.29%
1997	-1.68%
1996	2.75%
1995	3.05%

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Release date

December 2025

More information

Region

Thailand

Survey time period

1995 to 2031

Supplementary notes

Data were estimated for: 2027, 2028, 2029, 2030, and 2031.

Citation formats

In 2025, the budget balance in relation to the gross domestic product (GDP) in Thailand stood at -1.91 percent. Between 1995 and 2025, the figure dropped by 4.96 percentage points, though the decline followed an uneven course rather than a steady trajectory. The budget balance is forecast to decline by 0.31 percentage points from 2025 to 2031, fluctuating as it trends downward.

The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.