Thailand - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Thailand was 108,316,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 473,878,000,000 in 2009 and a minimum value of -64,107,000,000 in 1991.

Definition: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.

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

Year Value
1972 6,773,000,000
1973 8,651,000,000
1974 3,005,000,000
1975 5,749,000,000
1976 13,187,000,000
1977 14,606,000,000
1978 18,983,000,000
1979 20,724,000,000
1980 24,659,000,000
1981 28,533,000,000
1982 53,031,000,000
1983 41,148,000,000
1984 35,175,000,000
1985 54,941,000,000
1986 50,901,000,000
1987 28,190,000,000
1988 -894,000,000
1989 -19,426,000,000
1990 -26,527,000,000
1991 -64,107,000,000
1992 -27,697,000,000
1993 -44,083,000,000
1994 -45,187,000,000
1995 -31,292,000,000
1996 -12,058,000,000
1997 4,655,000,000
1998 253,713,000,000
1999 436,149,000,000
2000 145,841,000,000
2001 173,533,000,000
2002 387,778,000,000
2003 16,767,790,000
2004 206,253,000,000
2005 35,426,690,000
2006 186,056,000,000
2007 142,704,000,000
2008 61,467,140,000
2009 473,878,000,000
2010 252,159,000,000
2011 338,778,000,000
2012 362,709,000,000
2013 239,364,000,000
2014 157,385,000,000
2015 94,572,400,000
2016 315,892,000,000
2017 360,159,000,000
2018 398,714,000,000
2019 108,316,000,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Thailand was 0.64 as of 2019. Its highest value over the past 47 years was 9.11 in 1999, while its lowest value was -2.56 in 1991.

Definition: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.

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

See also:

Year Value
1972 3.98
1973 3.90
1974 1.08
1975 1.90
1976 3.81
1977 3.62
1978 3.89
1979 3.71
1980 3.72
1981 3.75
1982 6.30
1983 4.47
1984 3.56
1985 5.20
1986 4.49
1987 2.17
1988 -0.06
1989 -1.05
1990 -1.21
1991 -2.56
1992 -0.98
1993 -1.35
1994 -1.22
1995 -0.74
1996 -0.26
1997 0.10
1998 5.40
1999 9.11
2000 2.88
2001 3.25
2002 6.72
2003 0.27
2004 2.97
2005 0.47
2006 2.21
2007 1.57
2008 0.63
2009 4.91
2010 2.33
2011 3.00
2012 2.94
2013 1.85
2014 1.19
2015 0.69
2016 2.17
2017 2.33
2018 2.44
2019 0.64

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance