Thailand Government Budget

Thailand recorded a Government Budget deficit equal to 2.50 percent of the country’s Gross Domestic Product in 2015. Government Budget in Thailand averaged -1.20 percent of GDP from 2003 until 2015, reaching an all time high of 2.50 percent of GDP in 2005 and a record low of -4.80 percent of GDP in 2009. Government Budget in Thailand is reported by the Ministry of Finance, Thailand. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides – Thailand Government Budget – actual values, historical data, forecast, chart, statistics, economic calendar and news.