Thailand - Social contributions (current LCU)

The value for Social contributions (current LCU) in Thailand was 172,134,000,000.00 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 172,134,000,000.00 in 2019 and a minimum value of 0.00 in 1972.

Definition: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 0.00
1973 0.00
1974 24,000,000.00
1975 35,000,000.00
1976 54,000,000.00
1977 75,000,000.00
1978 91,000,000.00
1979 114,000,000.00
1980 152,000,000.00
1981 187,000,000.00
1982 204,000,000.00
1983 224,000,000.00
1984 249,000,000.00
1985 268,000,000.00
1986 285,000,000.00
1987 304,000,000.00
1988 333,000,000.00
1989 394,000,000.00
1990 441,000,000.00
1991 3,439,000,000.00
1992 5,138,000,000.00
1993 6,475,000,000.00
1994 9,272,001,000.00
1995 9,880,001,000.00
1996 11,993,000,000.00
1997 13,044,000,000.00
1998 8,967,999,000.00
1999 15,932,000,000.00
2000 27,073,000,000.00
2001 27,059,800,000.00
2002 30,210,140,000.00
2003 46,013,040,000.00
2004 61,999,070,000.00
2005 73,337,720,000.00
2006 74,008,990,000.00
2007 79,809,290,000.00
2008 84,900,000,000.00
2009 82,750,490,000.00
2010 132,394,000,000.00
2011 98,342,190,000.00
2012 103,205,000,000.00
2013 103,112,000,000.00
2014 128,174,000,000.00
2015 144,803,000,000.00
2016 145,693,000,000.00
2017 153,488,000,000.00
2018 162,127,000,000.00
2019 172,134,000,000.00

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance