Subsidies and other transfers (% of expense) in Thailand
Thailand: Subsidies and other transfers (% of expense) was 40.5% in 2023. ▲ Rising
Subsidies and other transfers in Thailand, 1988–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in Thailand stood at 40.5%. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 14.2% on the previous year and up 18.3% over ten years.
Over the whole period, subsidies and other transfers in Thailand peaked at 40.5% in 2023 and was at its lowest, 2.3%, in 1988.
That places Thailand 68th out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Subsidies and other transfers (% of expense) in Thailand, year by year
| Year | % of expense | Change |
|---|---|---|
| 1988 | 2.3% | — |
| 1989 | 3.9% | +74.9% |
| 1990 | 11.6% | +193.3% |
| 1991 | 13.1% | +13.2% |
| 1992 | 10.7% | -18.5% |
| 1993 | 10.5% | -1.9% |
| 1994 | 11.3% | +7.7% |
| 1995 | 10.6% | -5.6% |
| 1996 | 14.2% | +33.3% |
| 1997 | 13.4% | -5.6% |
| 1998 | 11.3% | -15.6% |
| 1999 | 12.0% | +6.4% |
| 2000 | 18.7% | +55.5% |
| 2001 | 19.2% | +2.8% |
| 2002 | 18.6% | -3.2% |
| 2003 | 24.2% | +30.3% |
| 2004 | 30.6% | +26.4% |
| 2005 | 30.5% | -0.5% |
| 2006 | 26.1% | -14.2% |
| 2007 | 27.2% | +4.2% |
| 2008 | 28.4% | +4.3% |
| 2009 | 24.9% | -12.3% |
| 2010 | 17.8% | -28.6% |
| 2011 | 25.3% | +42.3% |
| 2012 | 31.9% | +26.2% |
| 2013 | 34.2% | +7.3% |
| 2014 | 35.2% | +2.8% |
| 2015 | 35.2% | +0.1% |
| 2016 | 34.2% | -3.1% |
| 2017 | 34.0% | -0.5% |
| 2018 | 34.4% | +1.1% |
| 2019 | 36.1% | +4.9% |
| 2020 | 33.8% | -6.2% |
| 2021 | 31.8% | -6.1% |
| 2022 | 35.5% | +11.7% |
| 2023 | 40.5% | +14.2% |
Thailand compared with similar countries
- Thailand's 40.5% is above the median for upper middle income countries, which is 35.7%, 1.1× the median. (46 countries reporting)
- Thailand's 40.5% is above the median for East Asia & Pacific, which is 29.4%, 1.4× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Subsidies and other transfers (% of expense) 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 |
|---|---|---|---|
| 1990 | +193.3% | 3.9% | 11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.1% | 2.3% | 3.9% | 2 |
| 1990s | 11.9% | 10.5% | 14.2% | 10 |
| 2000s | 24.9% | 18.6% | 30.6% | 10 |
| 2010s | 31.8% | 17.8% | 36.1% | 10 |
| 2020s | 35.4% | 31.8% | 40.5% | 4 |
Countries ranked near Thailand
More public sector data for Thailand
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 33.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is subsidies and other transfers in Thailand?
- Subsidies and other transfers in Thailand was 40.5% in 2023, 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 40.5% in 2023.
- What is the lowest subsidies and other transfers recorded in Thailand?
- The lowest recorded value was 2.3% in 1988.
- How does Thailand rank for subsidies and other transfers?
- Thailand ranks 68th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Thailand?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is rising.
- 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.