Thailand Public Consumption: % of GDP
Key information about Thailand Public Consumption: % of GDP
- Thailand Public Consumption accounted for 18.6 % of its Nominal GDP in Sep 2024, compared with a share of 16.5 % in the previous quarter.
- Thailand Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1993 to Sep 2024, with an average number of 15.1 %.
- The data reached an all-time high of 20.4 % in Sep 2021 and a record low of 10.0 % in Dec 1994.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Office of the National Economic and Social Development Council provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.
Related information about Thailand Public Consumption: % of GDP
- In the latest reports, Thailand GDP expanded 2.7 % YoY in Mar 2023.
- Thailand Nominal GDP reached 132.0 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 2.9 % in Mar 2023.
- Thailand GDP Per Capita reached 7,801.4 USD in Dec 2023.
- Its Gross Savings Rate was measured at 30.4 % in Mar 2023.
- For Nominal GDP contributions, Investment accounted for 19.0 % in Sep 2024.
- Private Consumption accounted for 60.0 % in Sep 2024.
View Thailand's Public Consumption: % of GDP from Mar 1993 to Sep 2024 in the chart:
What was Thailand's Public Consumption: % of GDP in Sep 2024?
Thailand Public Consumption accounted for 18.6 % of its Nominal GDP in Sep 2024, compared with a share of 16.5 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
18.6 Sep 2024 | 16.5 Jun 2024 | 10.0 Dec 1994 | 20.4 Sep 2021 | % | quarterly | Mar 1993 - Sep 2024 |
Public Consumption: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Algeria (%) | 16.9 2023 | yearly | 1950 - 2023 |
Argentina (%) | 14.1 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Armenia (%) | 11.3 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
Austria (%) | 21.8 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
Azerbaijan (%) | 17.6 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Bahrain (%) | 13.6 2022 | yearly | 1975 - 2022 |
Bangladesh (%) | 5.6 2024 | yearly | 1973 - 2024 |
Belarus (%) | 20.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Belgium (%) | 24.4 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Bolivia (%) | 20.4 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Bosnia and Herzegovina (%) | 17.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Botswana (%) | 30.5 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Brazil (%) | 17.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (%) | 5.9 2022 | yearly | 1993 - 2022 |
Canada (%) | 20.6 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
Chile (%) | 14.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
China (%) | 16.5 2023 | yearly | 1952 - 2023 |
Colombia (%) | 13.5 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Croatia (%) | 19.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Cyprus (%) | 17.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 22.2 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Ecuador (%) | 13.7 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Egypt (%) | 7.0 Jun 2024 | quarterly | Sep 2001 - Jun 2024 |
Estonia (%) | 19.5 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
European Union (%) | 21.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
France (%) | 24.4 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Georgia (%) | 13.0 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Germany (%) | 21.8 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ghana (%) | 5.9 2023 | yearly | 2006 - 2023 |
Greece (%) | 16.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (%) | 19.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Iceland (%) | 25.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
India (%) | 10.1 Sep 2024 | quarterly | Jun 1996 - Sep 2024 |
Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (%) | 16.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
Ireland (%) | 10.1 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Israel (%) | 24.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Italy (%) | 16.5 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Ivory Coast (%) | 10.3 2023 | yearly | 1960 - 2023 |
Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Jordan (%) | 18.3 2023 | yearly | 1963 - 2023 |
Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Kenya (%) | 11.9 2023 | yearly | 1960 - 2023 |
South Korea (%) | 16.6 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Kuwait (%) | 20.7 2022 | yearly | 1962 - 2022 |
Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
Latvia (%) | 21.0 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Lebanon (%) | 6.8 2021 | yearly | 1990 - 2021 |
Lithuania (%) | 15.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Luxembourg (%) | 18.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Macau SAR, China (%) | 11.3 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
North Macedonia (%) | 18.1 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 11.4 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Malta (%) | 16.1 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
Mauritius (%) | 14.5 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Mexico (%) | 11.3 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Moldova (%) | 13.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (%) | 19.1 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mozambique (%) | 17.2 2023 | yearly | 1963 - 2022 |
Nepal (%) | 6.3 2024 | yearly | 1975 - 2024 |
Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
New Zealand (%) | 23.0 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
Nigeria (%) | 4.3 2023 | yearly | 1981 - 2023 |
Norway (%) | 23.7 Sep 2024 | quarterly | Mar 1978 - Sep 2024 |
Oman (%) | 18.5 2023 | yearly | 1980 - 2023 |
Pakistan (%) | 8.7 2024 | yearly | 1960 - 2024 |
Palestinian Territory (%) | 20.9 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
Paraguay (%) | 12.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Peru (%) | 12.9 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (%) | 20.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
Romania (%) | 15.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (%) | 23.7 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Serbia (%) | 17.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Singapore (%) | 10.2 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Slovenia (%) | 19.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
South Africa (%) | 19.3 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Sudan (%) | 16.2 2023 | yearly | 1960 - 2023 |
Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Switzerland (%) | 11.7 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Syria (%) | 2.7 2022 | yearly | 1963 - 2022 |
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Learn more about what we doThailand Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.1 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | -7,289.631 Oct 2024 | monthly | Oct 2001 - Oct 2024 |
Tax Revenue (USD mn) | 67,624.756 2023 | yearly | 1984 - 2023 |
Tax Revenue: % of GDP (%) | 13.2 2023 | yearly | 1990 - 2023 |
National Government Debt (USD mn) | 307,956.6 Oct 2024 | monthly | Oct 1997 - Oct 2024 |
Government Debt: % of GDP (%) | 55.9 Sep 2024 | quarterly | Dec 1997 - Sep 2024 |
Forecast: Government Expenditure (THB bn) | 5,366.801 2029 | yearly | 1995 - 2029 |
Forecast: Government Net Debt (THB bn) | 14,934.651 2029 | yearly | 1996 - 2029 |
Forecast: Government Revenue (THB bn) | 4,743.913 2029 | yearly | 1995 - 2029 |
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) | 68,616.81 Jun 2018 | monthly | Oct 1989 - Jun 2018 |
Govt Revenue: Gross: Excise Dept (THB mn) | 47,541.47 Jun 2018 | monthly | Oct 1989 - Jun 2018 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.640 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -794.3 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
Total Exports (USD mn) | 27,222.1 Oct 2024 | monthly | Oct 1990 - Oct 2024 |
Total Exports Growth (%) | 5.8 Oct 2024 | monthly | Oct 1991 - Oct 2024 |
Aluminum: Exports (USD th) | 1,474,770.435 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 425,949.614 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 187,991.703 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 28,016.4 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
Total Imports Growth (%) | 7.1 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
Imports: Medicament (USD th) | 1,944,018.232 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 2,208,010.738 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 5,014.303 Oct 2024 | monthly | Jan 1971 - Oct 2024 |
Total Imports from USA (USD mn) | 1,651.059 Oct 2024 | monthly | Jan 1971 - Oct 2024 |
Total Exports to China (USD mn) | 2,818.910 Oct 2024 | monthly | Sep 1978 - Oct 2024 |
Total Imports from China (USD mn) | 7,289.380 Oct 2024 | monthly | Apr 1974 - Oct 2024 |
MoC: Exports: Custom Basis (THB mn) | 896,735.194 Oct 2024 | monthly | Oct 1990 - Oct 2024 |
MoC: Trade Balance: Custom Basis (THB mn) | -37,964.704 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
MoC: Imports: Custom Basis (THB mn) | 934,699.898 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
Imports Volume: Liquefied Natural Gas (Cub ft mn) | 38,892.129 Sep 2024 | monthly | Jan 2010 - Sep 2024 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 1,871.7 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Current Account Balance (USD mn) | 659.3 Oct 2024 | monthly | Jan 1985 - Oct 2024 |
Current Account Balance: % of GDP (%) | 1.5 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Foreign Direct Investment (USD mn) | -517.0 Jul 2020 | monthly | Jan 2005 - Jul 2020 |
Foreign Direct Investment: % of GDP (%) | 0.5 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Foreign Portfolio Investment (USD mn) | -2,235.310 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Foreign Portfolio Investment: % of GDP (%) | -1.8 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Foreign Portfolio Investment: Equity Securities (USD mn) | -831.1 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
Foreign Portfolio Investment: Debt Securities (USD mn) | -1,404.200 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
External Debt (USD mn) | 185,494.3 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
External Debt: % of GDP (%) | 37.4 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
External Debt: Short Term (USD mn) | 80,595.9 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
External Debt: Short Term: % of GDP (%) | 15.7 2023 | yearly | 1980 - 2023 |
Forecast: Current Account Balance (USD bn) | 18.156 2029 | yearly | 1980 - 2029 |
Net International Investment Position (USD mn) | 45,081.400 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
BOP: USD: Current Account Balance (USD mn) | 659.280 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) | 139.20 Jun 2018 | monthly | Jan 2010 - Jun 2018 |
FDI: Manufacturing (THB mn) | -45,746.850 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) | -79.510 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
FDI: Mining & Quarrying (THB mn) | 2,246.470 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
FDI: Financial & Insurance Activities (THB mn) | 24,650.950 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
FDI: Construction (THB mn) | 489.860 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 3.0 Dec 2019 | quarterly | Mar 1998 - Dec 2019 |
Household Debt: % of GDP (%) | 89.6 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Non-Performing Loans (USD mn) | 16,057.191 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
Money Supply M1 (USD mn) | 93,611.114 Oct 2024 | monthly | Dec 1975 - Oct 2024 |
Money Supply M2 (USD mn) | 774,100.296 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
M2 Growth (%) | 4.1 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
Reserve Requirement Ratio (%) | 1.0 Nov 2024 | monthly | Sep 1997 - Nov 2024 |
Foreign Exchange Reserves (USD mn) | 210,912.7 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 7.5 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
Gold Reserves (USD mn) | 20,012.610 Nov 2024 | monthly | Dec 1956 - Nov 2024 |
Total Deposits (USD mn) | 533,812.589 Sep 2024 | monthly | Dec 2000 - Sep 2024 |
Total Deposits Growth (%) | 1.1 Sep 2024 | monthly | Dec 2001 - Sep 2024 |
Domestic Credit (USD mn) | 792,353.0 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Domestic Credit Growth (%) | 3.2 Oct 2024 | monthly | Jan 2004 - Oct 2024 |
Debt Service Ratio: Private Non-Financial Sector (%) | 15.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 481.404 Dec 2023 | quarterly | Dec 1991 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 928.900 Dec 2023 | quarterly | Mar 1957 - Dec 2023 |
Household Debt (USD mn) | 436,311.8 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Total Loans (USD mn) | 529,873.121 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
Total Loans Growth (%) | -1.72 Sep 2024 | monthly | Jan 2008 - Sep 2024 |
Private Debt: % of Nominal GDP (%) | 167.26 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
Monetary Aggregates (MA): Broad Money (THB mn) | 26,187,813.000 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
MA: Quasi Money (THB mn) | 23,020,949.000 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
MA: Narrow Money (NM) (THB mn) | 3,166,864.000 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
Private Credits (THB mn) | 30,730,501.000 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
Credit: Outs: CB: Individuals (THB mn) | 6,240,588.000 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
Credit: Outs: CB: Businesses (THB mn) | 6,978,604.000 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
Deposit: Outs: CB: Individuals (THB mn) | 8,853,655.000 Sep 2024 | monthly | Oct 2003 - Sep 2024 |
Deposit: Outs: CB: Businesses (THB mn) | 5,258,139.000 Sep 2024 | monthly | Oct 2003 - Sep 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Global Competitiveness Index (Score) | 68.112 2019 | yearly | 2017 - 2019 |
Business Confidence Growth (% Point) | 0.6 Nov 2024 | monthly | Feb 2000 - Nov 2024 |
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) | 150.37 Jun 2018 | monthly | Jan 1993 - Jun 2018 |
Trade and Services Sentiment Index (TSSI): MSME: Present (NA) | 52.200 Oct 2024 | monthly | Jan 2013 - Oct 2024 |
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