Subsidies and other transfers in Thailand
Thailand: Subsidies and other transfers was 1.46 trillion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Thailand, 1988–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, subsidies and other transfers in Thailand stood at 1.46 trillion current LCU.
The figure is down 3.2% on the previous year and up 57.1% over ten years.
Over the whole period, subsidies and other transfers in Thailand peaked at 1.51 trillion current LCU in 2023 and was at its lowest, 4.61 billion current LCU, in 1988.
Thailand ranks 35th of 153 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.88 billion current LCU | 4.61 billion current LCU | 9.16 billion current LCU | 2 |
| 1990s | 59.36 billion current LCU | 29.74 billion current LCU | 112.58 billion current LCU | 10 |
| 2000s | 307.24 billion current LCU | 128.01 billion current LCU | 470.40 billion current LCU | 10 |
| 2010s | 856.45 billion current LCU | 334.58 billion current LCU | 1.14 trillion current LCU | 10 |
| 2020s | 1.37 trillion current LCU | 1.21 trillion current LCU | 1.51 trillion current LCU | 5 |
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 subsidies and other transfers in Thailand?
- Subsidies and other transfers in Thailand was 1.46 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Thailand?
- The highest recorded value was 1.51 trillion current LCU in 2023.
- What is the lowest subsidies and other transfers recorded in Thailand?
- The lowest recorded value was 4.61 billion current LCU in 1988.
- How does Thailand rank for subsidies and other transfers?
- Thailand ranks 35th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Thailand?
- Over the last ten years it is up 57.1%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.