Thailand | Expense (% of GDP)
Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source
Create chart Download showed records Download Full dataset
Thailand | Expense (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
12.48383313 1972
11.92165709 1973
10.33488516 1974
12.52357462 1975
13.04675302 1976
12.31053261 1977
13.02990546 1978
13.97334083 1979
15.36373833 1980
15.42764155 1981
16.33757879 1982
16.18347219 1983
16.34651359 1984
17.0144814 1985
16.31220105 1986
14.90145899 1987
13.10196678 1988
12.51459315 1989
11.77777441 1990
11.66009372 1991
11.50328116 1992
11.33771687 1993
11.22488202 1994
10.80686853 1995
11.18508931 1996
13.23199535 1997
16.45603059 1998
19.54922788 1999
13.50392124 2000
15.74345695 2001
20.19145549 2002
14.85436669 2003
15.49155952 2004
15.31498103 2005
15.06489621 2006
16.55114139 2007
17.0589483 2008
18.41180589 2009
17.41141537 2010
19.41745836 2011
18.62161962 2012
19.09372653 2013
19.30478212 2014
18.68254991 2015
18.92919635 2016
18.3813209 2017
18.34251413 2018
17.92148697 2019
22.08645129 2020
24.40925518 2021
2022
Thailand | Expense (% of GDP)
Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source
Create chart Download showed records Download Full dataset