Thailand: General government deficit (% of GDP)

Name: Thailand: General government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1953–2025 · 70 observations · forecasts to 2031 · gen_govdef_GDP

2025: −1.72%percent of GDP
Change on 2024: −0.4 pointsfrom −1.29%
Average, 2016–2025: −2.02%10 years
Record high and low: 6.67% (1993)low −9.02% (1999)

General government deficit (% of GDP)

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ForecastPercent of GDP

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Recent values

Percent of GDP

Year	Value
2031	-2.22	Forecast
2030	-2.20	Forecast
2029	-2.19	Forecast
2028	-2.04	Forecast
2027	-1.94	Forecast
2026	-2.23	Forecast
2025	-1.72
2024	-1.29
2023	-1.91
2022	-4.61
2021	-6.72
2020	-4.47
2019	0.427
2018	0.203
2017	-0.506
2016	0.413

Sources

IMF Fiscal Policy Panel1953–2023
IMF Government Finance Statistics1995–2024
IMF World Economic Outlook1995–2024
Asian Development Bank (archive)2002–2024
Asian Development Bank2002–2025
IMF WEO (forecast)2024–2031

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Thailand documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

General government deficit (% of GDP)

Recent values

Sources

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General government deficit (% of GDP) elsewhere