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ThailandGovernment Expenditure (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #94 of 138Updated August 2026
Latest Value
20.8%
2023
YoY Change
-6.6%
20222023
Global Rank
#94
of 138 countries
Maximum
25.1%
2021
Minimum
13.5%
2000
CAGR
+1.9%
24 years
Last
20.8%
Previous
22.2%
Highest
25.1%
Lowest
13.5%
Source
World Bank World Development Indicators

Thailand's government expenditure (% of GDP) was 20.8% in 2023, ranking #94 out of 138 countries. This represents a -6.6% change from 2022. Over the past 24 years, the highest recorded value was 25.1% (2021) and the lowest was 13.5% (2000). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
202320.8%-6.6%
202222.2%-11.5%
202125.1%+10.1%
202022.8%+22.3%
201918.7%-1.9%
201819.0%-0.5%
201719.1%-2.8%
201619.7%+1.4%
201519.4%-3.0%
201420.0%+0.9%
201319.8%+6.4%
201218.6%-4.1%
201119.4%+11.5%
201017.4%-5.4%
200918.4%+7.9%
200817.1%+3.1%
200716.6%+9.9%
200615.1%-1.6%
200515.3%-1.1%
200415.5%+4.3%
200314.9%-26.4%
200220.2%+28.3%
200115.7%+16.6%
200013.5%

Top Countries — Government Expenditure (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →