24Peaks / Asia / Thailand / Government Expenditure (% of GDP)

Thailand - Government Expenditure (% of GDP) 20.72

World Bank WDI · updated 2026-10-15 · 161 economies tracked

Latest value

20.72 (2023)

Global rank

##60 of 161 economies

Share of global total

0.8%

Growth since 1972

1.66×

Ranking Race — Government Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#22#43#64#85#106#1271972198219922002201220222024#29#602021 overtook Georgia2023 overtook Australia
ThailandBotswanaTanzania

Real annual global ranks, 1972 - 2024. Thailand climbed from #29 to #60 (overtook Georgia). Gaps in a lane = missing data that year.

Key events for Thailand ↓

Key Events — Thailand

Auto-detected from rank data + curated milestones

1990
Fell 21 places in global rank auto
1999
Climbed 15 places in global rank auto
2000
Fell 19 places in global rank auto
2002
Climbed 16 places in global rank auto
2003
Fell 27 places in global rank auto
2021
Overtook Georgia in global rank auto
2021
Climbed 24 places in global rank auto
2023
Overtook Australia in global rank auto

Government Expenditure (% of GDP), 1972-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
1972198720022017202310.3315.2720.225.14

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