Thailand - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Thailand was 17.71 as of 2020. Its highest value over the past 60 years was 17.71 in 2020, while its lowest value was 8.46 in 1966.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 9.14
1961 8.81
1962 9.09
1963 9.39
1964 9.24
1965 9.13
1966 8.46
1967 8.83
1968 10.07
1969 10.09
1970 11.25
1971 11.52
1972 10.92
1973 9.74
1974 9.34
1975 10.32
1976 10.97
1977 10.64
1978 11.18
1979 11.95
1980 12.29
1981 12.76
1982 13.09
1983 12.87
1984 13.17
1985 13.53
1986 12.75
1987 11.33
1988 10.05
1989 9.52
1990 9.40
1991 9.22
1992 9.90
1993 11.00
1994 11.05
1995 11.25
1996 11.58
1997 12.08
1998 13.06
1999 13.57
2000 13.58
2001 13.47
2002 13.17
2003 12.93
2004 13.11
2005 13.65
2006 13.50
2007 13.93
2008 14.34
2009 15.98
2010 15.80
2011 16.14
2012 16.35
2013 16.36
2014 16.92
2015 17.12
2016 16.87
2017 16.30
2018 16.17
2019 16.18
2020 17.71

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts