Mexico vs Thailand: Goods and services expense

Mexico
514.45 billion current LCU
in 2024
Thailand
731.06 billion current LCU
in 2024
Mexico rank
36th
Thailand rank
34th

Goods and services expense over time

  • Mexico
  • Thailand
0200.0B400.0B600.0B800.0B197219982024

How they compare

Thailand currently reports 731.06 billion current LCU against 514.45 billion current LCU in Mexico, a difference of 216.61 billion current LCU.

That makes Thailand's figure about 1.4 times Mexico's.

Across all 46 years both countries report, Thailand has been ahead every year.

Mexico ranks 36th and Thailand ranks 34th of 155 countries.

Thailand has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Mexico Thailand Difference Ahead
1970s 21.25 million current LCU 16.53 billion current LCU 16.51 billion current LCU Thailand
1980s 2.04 billion current LCU 58.37 billion current LCU 56.34 billion current LCU Thailand
1990s 26.93 billion current LCU 146.12 billion current LCU 119.19 billion current LCU Thailand
2000s 140.51 billion current LCU 393.09 billion current LCU 252.58 billion current LCU Thailand
2010s 273.42 billion current LCU 659.40 billion current LCU 385.98 billion current LCU Thailand
2020s 409.18 billion current LCU 777.12 billion current LCU 367.93 billion current LCU Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Mexico or Thailand?
Thailand, at 731.06 billion current LCU against 514.45 billion current LCU in Mexico as of 2024.
What is the difference in goods and services expense between Mexico and Thailand?
216.61 billion current LCU, with Thailand ahead.
How many years of comparable data are there for Mexico and Thailand?
46 years are reported by both, from 1972 to 2024.
How do Mexico and Thailand rank globally for goods and services expense?
Mexico ranks 36th 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

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

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.