Madagascar vs Thailand: Goods and services expense
Goods and services expense over time
- Madagascar
- Thailand
How they compare
Thailand currently reports 731.06 billion current LCU against 519.97 billion current LCU in Madagascar, a difference of 211.09 billion current LCU.
That makes Thailand's figure about 1.4 times Madagascar's.
Across all 27 years both countries report, Thailand has been ahead every year.
Madagascar ranks 35th and Thailand ranks 34th of 155 countries.
Thailand has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Madagascar | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 24.65 billion current LCU | 122.51 billion current LCU | 97.86 billion current LCU | Thailand |
| 2000s | 196.22 billion current LCU | 357.52 billion current LCU | 161.30 billion current LCU | Thailand |
| 2010s | 237.21 billion current LCU | 659.40 billion current LCU | 422.19 billion current LCU | Thailand |
| 2020s | 433.09 billion current LCU | 777.12 billion current LCU | 344.03 billion current LCU | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Madagascar or Thailand?
- Thailand, at 731.06 billion current LCU against 519.97 billion current LCU in Madagascar as of 2024.
- What is the difference in goods and services expense between Madagascar and Thailand?
- 211.09 billion current LCU, with Thailand ahead.
- How many years of comparable data are there for Madagascar and Thailand?
- 27 years are reported by both, from 1990 to 2024.
- How do Madagascar and Thailand rank globally for goods and services expense?
- Madagascar ranks 35th and Thailand ranks 34th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.