Thailand—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #73 of 192Updated August 2026
Latest Value
-2.2%
2031
YoY Change
+0.0%
2030 → 2031
Global Rank
#73
of 192 countries
Maximum
2.2%
2005
Minimum
-6.7%
2002
Last
-2.2%
Previous
-2.2%
Highest
2.2%
Lowest
-6.7%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Thailand's fiscal balance (% of GDP) was -2.2% in 2026, ranking #73 out of 192 countries. This represents a +0.0% change from 2030. Over the past 27 years, the highest recorded value was 2.2% (2005) and the lowest was -6.7% (2002). The IMF WEO projects -2.2% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -2.2% | +0.0% |
| 2030 | -2.2% | +0.0% |
| 2029 | -2.2% | -10.0% |
| 2028 | -2.0% | -5.3% |
| 2027 | -1.9% | +13.6% |
| 2026 | -2.2% | -15.8% |
| 2025 | -1.9% | -46.2% |
| 2024 | -1.3% | +31.6% |
| 2023 | -1.9% | +58.7% |
| 2022 | -4.6% | +31.3% |
| 2021 | -6.7% | -48.9% |
| 2020 | -4.5% | -1225.0% |
| 2019 | 0.4% | +100.0% |
| 2018 | 0.2% | +140.0% |
| 2017 | -0.5% | -225.0% |
| 2016 | 0.4% | +100.0% |
| 2015 | 0.2% | +128.6% |
| 2014 | -0.7% | -216.7% |
| 2013 | 0.6% | +166.7% |
| 2012 | -0.9% | -1000.0% |
| 2011 | 0.1% | +109.1% |
| 2010 | -1.1% | +50.0% |
| 2009 | -2.2% | -375.0% |
| 2008 | 0.8% | +300.0% |
| 2007 | 0.2% | -89.5% |
| 2006 | 1.9% | -13.6% |
| 2005 | 2.2% | +100.0% |
| 2004 | 1.1% | -45.0% |
| 2003 | 2.0% | +129.9% |
| 2002 | -6.7% | -272.2% |
| 2001 | -1.8% | +0.0% |
| 2000 | -1.8% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -2.2% | -15.8% |
| 2027Forecast | -1.9% | +13.6% |
| 2028Forecast | -2.0% | -5.3% |
| 2029Forecast | -2.2% | -10.0% |
| 2030Forecast | -2.2% | +0.0% |
| 2031Forecast | -2.2% | +0.0% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP