Thailand General Government Structural Balance (% Potential GDP) Statistics

20, Feb 2019, EST.

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Country or Region: Thailand › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Thailand indicators, › See General Government Structural Balance (% Potential GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Baht
Currency Symbol: THB

Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude. See notes for: General government structural balance (National currency).

General Government Structural Balance (% Potential GDP) Statistics for Thailand , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Thailand in year 2015 is 0.678 %. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

This makes Thailand No. 7 in world rankings according to General Government Structural Balance (% Potential GDP) in year 2015. The world's average General Government Structural Balance (% Potential GDP) value is -0.89 %; Thailand is 1.57 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Thailand was -0.40 % General Government Structural Balance (% Potential GDP) for Thailand in 2015 was or will be 267.82% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Thailand was or will be -0.05 %, which is 107.37% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Thailand, in other Years
Year %
  2021 -0.523
  2020 -0.515
  2019 -0.499
  2018 -0.401
  2017 -0.25
  2016 -0.05
2015 0.678
  2014 -0.404
  2013 0.216
  2012 -0.64
  2011 0.024
  2010 -1.417
  2009 -1.399
  2008 0.443
  2007 -0.189
  2006 1.925
  2005 1.225
  2004 0.852
  2003 1.897
  2002 -5.215
  2001 -0.649
  2000 -1.043
  1999 -7.386
  1998 -4.874
  1997 -2.694
  1996 1.754
  1995 2.674
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a