Economic Outlook No 118 — Government final consumption expenditure in Thailand

Thailand: Economic Outlook No 118 — Government final consumption expenditure was 1.73 trillion in 2027. ◆ Volatile

Latest (2027)
1.73 trillion
Change on year
up 2.7%
World rank
12th
of 39 countries
All-time high
1.73 trillion
in 2027
All-time low
242.25 billion
in 1980
Years of data
48
1980–2027

Economic Outlook No 118 — Government final consumption expenditure in Thailand, 1980–2027

0500.0B1.0T1.5T198020032027

Source: Organisation for Economic Co-operation and Development.

Analysis

Thailand recorded 1.73 trillion for economic outlook no 118 — government final consumption expenditure in 2027. That is the highest value across all 48 years on record.

The figure is up 2.7% on the previous year and up 12.7% over ten years.

Over the whole period, economic outlook no 118 — government final consumption expenditure in Thailand peaked at 1.73 trillion in 2027 and was at its lowest, 242.25 billion, in 1980.

That places Thailand 12th out of 39 countries with data for 2027, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 118 — Government final consumption expenditure in Thailand, year by year

Annual values for Economic Outlook No 118 — Government final consumption expenditure, volume in Thailand, 1980 to 2027.
Year Value Change
1980 242.25 billion
1981 278.48 billion +15.0%
1982 281.65 billion +1.1%
1983 296.36 billion +5.2%
1984 320.36 billion +8.1%
1985 342.44 billion +6.9%
1986 340.08 billion -0.7%
1987 341.05 billion +0.3%
1988 354.80 billion +4.0%
1989 364.06 billion +2.6%
1990 392.36 billion +7.8%
1991 412.25 billion +5.1%
1992 451.85 billion +9.6%
1993 491.61 billion +8.8%
1994 533.19 billion +8.5%
1995 569.92 billion +6.9%
1996 625.83 billion +9.8%
1997 643.17 billion +2.8%
1998 672.80 billion +4.6%
1999 697.07 billion +3.6%
2000 716.30 billion +2.8%
2001 734.91 billion +2.6%
2002 759.99 billion +3.4%
2003 798.94 billion +5.1%
2004 830.08 billion +3.9%
2005 896.43 billion +8.0%
2006 916.73 billion +2.3%
2007 995.12 billion +8.6%
2008 1.04 trillion +4.9%
2009 1.15 trillion +10.4%
2010 1.26 trillion +8.9%
2011 1.30 trillion +3.7%
2012 1.40 trillion +7.2%
2013 1.42 trillion +1.5%
2014 1.46 trillion +2.8%
2015 1.49 trillion +2.5%
2016 1.53 trillion +2.2%
2017 1.53 trillion +0.3%
2018 1.57 trillion +2.7%
2019 1.60 trillion +1.6%
2020 1.62 trillion +1.4%
2021 1.68 trillion +3.7%
2022 1.68 trillion +0.3%
2023 1.60 trillion -4.7%
2024 1.64 trillion +2.4%
2025 1.64 trillion +0.1%
2026 1.68 trillion +2.3%
2027 1.73 trillion +2.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 316.15 billion 242.25 billion 364.06 billion 10
1990s 549.01 billion 392.36 billion 697.07 billion 10
2000s 884.54 billion 716.30 billion 1.15 trillion 10
2010s 1.45 trillion 1.26 trillion 1.60 trillion 10
2020s 1.66 trillion 1.60 trillion 1.73 trillion 8

Countries ranked near Thailand

  1. 9 United States of America 3.17 trillion compare
  2. 10 Mexico 2.84 trillion compare
  3. 11 Sweden 1.79 trillion compare
  4. 13 Czechia 1.43 trillion compare
  5. 14 Norway 1.17 trillion compare
  6. 15 Iceland 956.79 billion compare

See the full ranking of 50 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is economic outlook no 118 — government final consumption expenditure in Thailand?
Economic outlook no 118 — government final consumption expenditure in Thailand was 1.73 trillion in 2027, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 118 — government final consumption expenditure recorded in Thailand?
The highest recorded value was 1.73 trillion in 2027.
What is the lowest economic outlook no 118 — government final consumption expenditure recorded in Thailand?
The lowest recorded value was 242.25 billion in 1980.
How does Thailand rank for economic outlook no 118 — government final consumption expenditure?
Thailand ranks 12th out of 39 countries with data for 2027.
Is economic outlook no 118 — government final consumption expenditure rising or falling in Thailand?
Over the last ten years it is up 12.7%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 118 — Government final consumption expenditure, volume. Statizoid updates them automatically from the source API.

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Economic Outlook No 118 — Government final consumption expenditure in Thailand. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-118-government-final-consumption-expenditure-volume/thailand/

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About this data

Indicator
Economic Outlook No 118 — Government final consumption expenditure, volume
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
50 places, 2,525 data points, 1960–2027
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP