Capital spending, Ratio of this level of government's expenditure on in Thailand
Thailand: Capital spending, Ratio of this level of government's expenditure on was 0.5777 in 2020. ▼ Falling
Capital spending, Ratio of this level of government's expenditure on in Thailand, 2002–2020
Source: International Monetary Fund.
Analysis
The most recent figure for capital spending, ratio of this level of government's expenditure on in Thailand is 0.5777, measured in 2020.
The figure is up 3.2% on the previous year and down 16.2% over ten years.
Over the whole period, capital spending, ratio of this level of government's expenditure on in Thailand peaked at 0.7044 in 2002 and was at its lowest, 0.2798, in 2016.
That places Thailand 40th out of 78 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Capital spending, Ratio of this level of government's expenditure on in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 0.7044 | — |
| 2003 | 0.6285 | -10.8% |
| 2004 | 0.6186 | -1.6% |
| 2005 | 0.6053 | -2.2% |
| 2006 | 0.5764 | -4.8% |
| 2007 | 0.5287 | -8.3% |
| 2008 | 0.5492 | +3.9% |
| 2009 | 0.6475 | +17.9% |
| 2010 | 0.6895 | +6.5% |
| 2011 | 0.5117 | -25.8% |
| 2012 | 0.4979 | -2.7% |
| 2013 | 0.4445 | -10.7% |
| 2014 | 0.4457 | +0.3% |
| 2015 | 0.5456 | +22.4% |
| 2016 | 0.2798 | -48.7% |
| 2017 | 0.5973 | +113.5% |
| 2018 | 0.6446 | +7.9% |
| 2019 | 0.5601 | -13.1% |
| 2020 | 0.5777 | +3.2% |
Thailand compared with similar countries
- Thailand's 0.5777 is below the median for upper middle income countries, which is 0.6258, 92% of the median. (26 countries reporting)
- Thailand's 0.5777 is below the median for East Asia & Pacific, which is 0.6327, 91% of the median. (10 countries reporting)
Biggest year-on-year movements
Years where Capital spending, Ratio of this level of government's expenditure on in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +113.5% | 0.2798 | 0.5973 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6073 | 0.5287 | 0.7044 | 8 |
| 2010s | 0.5217 | 0.2798 | 0.6895 | 10 |
| 2020s | 0.5777 | 0.5777 | 0.5777 | 1 |
Countries ranked near Thailand
More public sector data for Thailand
- Arms imports 73.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.02 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -74.91 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 73.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 77.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0104 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -3.89 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 5.52 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 569.59 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is capital spending, ratio of this level of government's expenditure on in Thailand?
- Capital spending, ratio of this level of government's expenditure on in Thailand was 0.5777 in 2020, according to International Monetary Fund.
- What is the highest capital spending, ratio of this level of government's expenditure on recorded in Thailand?
- The highest recorded value was 0.7044 in 2002.
- What is the lowest capital spending, ratio of this level of government's expenditure on recorded in Thailand?
- The lowest recorded value was 0.2798 in 2016.
- How does Thailand rank for capital spending, ratio of this level of government's expenditure on?
- Thailand ranks 40th out of 78 countries with data for 2020.
- Is capital spending, ratio of this level of government's expenditure on rising or falling in Thailand?
- Over the last ten years it is down 16.2%. The long-run trend across the full record is falling.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund, published as part of Capital spending, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.