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Thailand: Government deficit (% of GDP)

Percent of GDP · 1946–2025 · 77 observations · forecasts to 2031 · 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)

Government deficit (% of GDP)

Report error
-10%-5%0%5%10%1960198020002020ThailandThailand
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-2.22Forecast
2030-2.20Forecast
2029-2.19Forecast
2028-2.04Forecast
2027-1.94Forecast
2026-2.23Forecast
2025-1.72
2024-1.29
2023-1.91
2022-4.61
2021-6.72
2020-4.47
20190.427
20180.203
2017-0.506
20160.413

Sources

This series is derived from other GMD variables.

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 →

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