Central government expenditure as share of GDP Thailand FY 2017-2025

In the fiscal year 2025, central government expenditure accounted for almost ** percent of the GDP in Thailand, indicating an increase from the previous year. The Thai government expenditure is composed 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

Thailand’s national budget for the 2026 fiscal year was set at around *** trillion Thai baht, compared to approximately *** trillion Thai baht in the previous year.  As the economy improves, the government focuses more on addressing household debt. In 2024, the value of public debt in Thailand accounted for over **** trillion Thai baht and has been rising over the years.

Government expenditure distribution

The Thai government’s expenditure budget can be categorized into groups, according to Thailand’s Budget Procedure Act B.E. **** (2018). These include central fund, expenditure for budget-receiving agencies, integrated budget, public sector personnel, revolving funds, public sector debt repayments, and replenishment of treasury account and reserve fund. The budget-receiving agencies refer to various government organizations, ranging from the Ministry of Finance, local authorities, the Thai Red Cross Society, to royal agencies.