Palau vs Thailand: Goods and services expense
Palau
18.4%
in 2020
Thailand
19.4%
in 2023
Palau rank
53rd
Thailand rank
50th
Goods and services expense over time
- Palau
- Thailand
How they compare
Thailand currently reports 19.4% against 18.4% in Palau, a difference of 1.0%.
That makes Thailand's figure about 1.1 times Palau's.
Across all 13 years both countries report, Thailand has been ahead every year.
Palau ranks 53rd and Thailand ranks 50th of 154 countries.
Thailand has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Palau | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.0% | 28.9% | 8.9% | Thailand |
| 2010s | 21.0% | 25.3% | 4.3% | Thailand |
| 2020s | 18.4% | 20.5% | 2.1% | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Palau or Thailand?
- Thailand, at 19.4% against 18.4% in Palau as of 2023.
- What is the difference in goods and services expense between Palau and Thailand?
- 1.0%, with Thailand ahead.
- How many years of comparable data are there for Palau and Thailand?
- 13 years are reported by both, from 2008 to 2020.
- How do Palau and Thailand rank globally for goods and services expense?
- Palau ranks 53rd and Thailand ranks 50th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). 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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.