Thailand - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Thailand was 1,010,710,000,000 as of 2019. As the graph below shows, over the past 31 years this indicator reached a maximum value of 1,010,710,000,000 in 2019 and a minimum value of 4,607,000,000 in 1988.

Definition: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1988 4,607,000,000
1989 9,161,000,000
1990 29,738,000,000
1991 38,270,000,000
1992 34,735,000,000
1993 38,705,000,000
1994 46,669,000,000
1995 48,475,000,000
1996 73,545,000,000
1997 83,421,000,000
1998 87,438,000,000
1999 112,585,000,000
2000 128,016,000,000
2001 161,712,000,000
2002 216,654,000,000
2003 227,331,000,000
2004 329,847,000,000
2005 355,286,000,000
2006 330,896,000,000
2007 409,324,000,000
2008 470,400,000,000
2009 442,979,000,000
2010 334,576,000,000
2011 555,280,000,000
2012 734,241,000,000
2013 782,625,000,000
2014 839,690,000,000
2015 841,552,000,000
2016 872,380,000,000
2017 892,261,000,000
2018 940,800,000,000
2019 1,010,710,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Thailand was 33.36 as of 2019. Its highest value over the past 31 years was 33.36 in 2019, while its lowest value was 2.25 in 1988.

Definition: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1988 2.25
1989 3.94
1990 11.56
1991 13.09
1992 10.67
1993 10.46
1994 11.27
1995 10.64
1996 14.18
1997 13.38
1998 11.30
1999 12.02
2000 18.70
2001 19.22
2002 18.60
2003 24.23
2004 30.62
2005 30.47
2006 26.15
2007 27.25
2008 28.41
2009 24.91
2010 17.78
2011 25.29
2012 31.91
2013 31.74
2014 32.88
2015 32.78
2016 31.59
2017 31.34
2018 31.22
2019 33.36

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance