Thailand - 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

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance