Central government expenditure as share of GDP Thailand 2017-2020
In 2020, the central government expenditure accounted for 22.8 percent of the GDP in Thailand, indicating an increase from the previous year. The Thai government expenditure is comprised of the compensation of employees, the use of goods and services, and the consumption of fixed capital, among other things.
Expenditures of the central government in Thailand
In 2020, Thailand’s gross domestic product estimated around five trillion international dollars and was expected to increase over the following year. Of the share of GDP in 2020 allotted to central government expenditure, the compensation of employees took precedence, followed by the distribution of grants.
Government expenditure distribution
The Thai government’s national budget for the fiscal year 2019 was set at three trillion Thai baht. Of the overall government expenses incurred that year, the highest amount was on general public services. Moreover, the amount spent by the general public sector was the highest recorded expenditure on public services by the Thai government since 2016.
Expenditures of the central government in Thailand
In 2020, Thailand’s gross domestic product estimated around five trillion international dollars and was expected to increase over the following year. Of the share of GDP in 2020 allotted to central government expenditure, the compensation of employees took precedence, followed by the distribution of grants.
Government expenditure distribution
The Thai government’s national budget for the fiscal year 2019 was set at three trillion Thai baht. Of the overall government expenses incurred that year, the highest amount was on general public services. Moreover, the amount spent by the general public sector was the highest recorded expenditure on public services by the Thai government since 2016.
