Thailand - Budget Deficit 2022
-4.61%
+2.14% from 2021
Thailand's budget deficit was -4.61% in 2022, increased +2.14% from -6.74% in 2021. This was the 60th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Macao SAR, China | -37.04% | -187.3% |
| 2nd | Timor-Leste | -29.47% | -46.3% |
| 3rd | Kiribati | -18.31% | -70.0% |
| 4th | Senegal | -16.13% | -18.0% |
| 5th | Ukraine | -15.60% | -292.8% |
| 6th | Tuvalu | -14.60% | -9.9% |
| 7th | Fiji | -12.28% | 13.7% |
| 8th | Ghana | -11.76% | 2.3% |
| 9th | Maldives | -11.16% | 21.3% |
| 10th | Burkina Faso | -10.89% | -46.2% |
| 11th | Burundi | -10.73% | -133.3% |
| 12th | Sri Lanka | -10.22% | 12.5% |
| 13th | St. Vincent and the Grenadines | -9.35% | -30.0% |
| 14th | Malawi | -9.32% | -11.7% |
| 15th | India | -8.97% | 5.1% |
| 16th | Togo | -8.34% | -79.1% |
| 17th | Italy | -8.11% | 8.7% |
| 18th | Pakistan | -7.84% | -29.7% |
| 19th | Zambia | -7.82% | 3.9% |
| 20th | Lebanon | -7.77% | -191.3% |
| 21st | China | -7.32% | -24.0% |
| 22nd | Dominica | -7.21% | 12.3% |
| 23rd | Bolivia, Plurinational State of | -7.12% | 23.7% |
| 24th | Bhutan | -6.95% | -20.7% |
| 25th | Tunisia | -6.91% | 9.1% |
| 26th | Jordan | -6.80% | 19.6% |
| 27th | Niger | -6.77% | -11.0% |
| 28th | Côte d'Ivoire | -6.74% | -38.7% |
| 29th | Hong Kong SAR, China | -6.58% | -73,155.6% |
| 30th | Vanuatu | -6.50% | -373.3% |
| 31st | Lesotho | -6.41% | -29.5% |
| 32nd | Colombia | -6.34% | 12.7% |
| 33rd | Namibia | -6.33% | 27.1% |
| 34th | Hungary | -6.17% | 13.2% |
| 35th | Kenya | -6.06% | 15.8% |
| 36th | Guinea-Bissau | -6.06% | -3.0% |
| 37th | Bahrain | -6.02% | 43.0% |
| 38th | Sierra Leone | -5.93% | -36.3% |
| 39th | Romania | -5.83% | 13.0% |
| 40th | Egypt, Arab Republic of | -5.75% | 17.4% |
| 41st | Rwanda | -5.74% | 18.1% |
| 42nd | Gambia, The | -5.72% | -19.9% |
| 43rd | Benin | -5.56% | 2.7% |
| 44th | Bahamas, The | -5.53% | 53.6% |
| 45th | Philippines | -5.48% | 12.1% |
| 46th | Madagascar | -5.46% | -93.1% |
| 47th | Uganda | -5.45% | 29.8% |
| 48th | Morocco | -5.37% | 9.4% |
| 49th | Liberia | -5.33% | -112.9% |
| 50th | Malta | -5.31% | 23.6% |
| 51st | Eswatini | -5.28% | -15.5% |
| 52nd | Papua New Guinea | -5.25% | 23.2% |
| 53rd | North Macedonia | -5.23% | 1.6% |
| 54th | Central African Republic | -5.23% | 9.9% |
| 55th | Mozambique | -5.22% | 0.3% |
| 56th | Guyana | -5.11% | 26.3% |
| 57th | Mali | -4.75% | 3.3% |
| 58th | France | -4.74% | 28.1% |
| 59th | Spain | -4.63% | 30.4% |
| 60th | Thailand | -4.61% | 31.7% |
| 61st | Malaysia | -4.56% | 24.4% |
| 62nd | United Kingdom | -4.56% | 41.0% |
| 63rd | Bangladesh | -4.53% | -27.4% |
| 64th | Mexico | -4.32% | -15.3% |
| 65th | Cabo Verde | -4.25% | 43.4% |
| 66th | South Africa | -4.25% | 23.3% |
| 67th | Japan | -4.22% | 31.2% |
| 68th | St. Kitts and Nevis | -4.16% | -176.9% |
| 69th | New Zealand | -4.16% | -18.8% |
| 70th | Montenegro | -4.07% | -136.6% |
| 71st | Nigeria | -4.00% | -0.9% |
| 72nd | Palau | -3.99% | 59.9% |
| 73rd | Panama | -3.98% | 38.5% |
| 74th | Brazil | -3.97% | -50.7% |
| 75th | Latvia | -3.94% | 31.0% |
| 76th | Comoros | -3.93% | -39.7% |
| 77th | Iceland | -3.93% | 52.8% |
| 78th | Tanzania | -3.92% | -10.4% |
| 79th | Argentina | -3.84% | 11.5% |
| 80th | United States | -3.72% | 67.5% |
| 81st | Uzbekistan | -3.65% | 10.9% |
| 82nd | Albania | -3.64% | 20.4% |
| 83rd | Belgium | -3.62% | 33.0% |
| 84th | Poland | -3.44% | -97.0% |
| 85th | Austria | -3.31% | 41.9% |
| 86th | Zimbabwe | -3.30% | -47.5% |
| 87th | Dominican Republic | -3.25% | -11.3% |
| 88th | Moldova | -3.24% | -23.8% |
| 89th | Mauritius | -3.15% | 23.0% |
| 90th | Nepal | -3.12% | 21.5% |
| 91st | Mauritania | -3.10% | -219.1% |
| 92nd | Czechia | -3.07% | 38.0% |
| 93rd | Slovenia | -3.02% | 34.6% |
| 94th | Algeria | -2.96% | 53.1% |
| 95th | Antigua and Barbuda | -2.84% | 37.1% |
| 96th | Myanmar | -2.82% | -14.0% |
| 97th | Costa Rica | -2.81% | 44.8% |
| 98th | Suriname | -2.69% | 52.5% |
| 99th | El Salvador | -2.68% | 51.5% |
| 100th | Iran, Islamic Republic of | -2.64% | 12.3% |
| 101st | Paraguay | -2.64% | 22.2% |
| 102nd | Uruguay | -2.52% | 3.6% |
| 103rd | Solomon Islands | -2.51% | -34.9% |
| 104th | Greece | -2.46% | 67.6% |
| 105th | Indonesia | -2.31% | 47.6% |
| 106th | São Tomé and Principe | -2.24% | -47.8% |
| 107th | Australia | -2.21% | 65.2% |
| 108th | Georgia | -2.20% | 63.2% |
| 109th | Yemen, Republic of | -2.15% | -141.7% |
| 110th | Sudan | -2.15% | -648.1% |
| 111th | Armenia | -2.11% | 53.9% |
| 112th | Belarus | -1.98% | -786.1% |
| 113th | Germany | -1.91% | 39.7% |
| 114th | Barbados | -1.90% | 56.2% |
| 115th | Guinea | -1.88% | -10.3% |
| 116th | Haiti | -1.75% | 28.5% |
| 117th | Guatemala | -1.70% | -45.9% |
| 118th | St. Lucia | -1.66% | 65.4% |
| 119th | Korea | -1.49% | -7,752.6% |
| 120th | Djibouti | -1.48% | 51.4% |
| 121st | Peru | -1.38% | 44.5% |
| 122nd | Russian Federation | -1.34% | -273.1% |
| 123rd | Slovak Republic | -1.16% | 77.3% |
| 124th | Cameroon | -1.11% | 63.0% |
| 125th | Türkiye | -1.10% | 63.2% |
| 126th | Estonia | -1.08% | 58.0% |
| 127th | Belize | -1.04% | 68.3% |
| 128th | Congo, Democratic Republic of | -1.01% | 40.1% |
| 129th | Afghanistan | -1.00% | -105.6% |
| 130th | West Bank and Gaza | -0.92% | 82.3% |
| 131st | Gabon | -0.89% | 53.8% |
| 132nd | Bulgaria | -0.80% | 71.4% |
| 133rd | Seychelles | -0.76% | 86.8% |
| 134th | Lithuania | -0.72% | 38.0% |
| 135th | Aruba | -0.51% | 94.9% |
| 136th | Portugal | -0.31% | 89.0% |
| 137th | Kyrgyz Republic | -0.29% | 58.4% |
| 138th | Cambodia | -0.29% | 94.3% |
| 139th | Tajikistan | -0.23% | 63.5% |
| 140th | Finland | -0.18% | 93.4% |
| 141st | Serbia | -0.14% | 95.5% |
| 142nd | Tonga | -0.10% | 88.4% |
| 143rd | Botswana | -0.01% | 99.7% |
| 144th | Netherlands | 0.00% | 100.1% |
| 145th | Somalia, Fed. Rep. | 0.02% | 102.7% |
| 146th | Ecuador | 0.04% | 102.8% |
| 147th | Lao PDR | 0.06% | 108.8% |
| 148th | Kazakhstan | 0.11% | 102.1% |
| 149th | Croatia | 0.12% | 104.7% |
| 150th | Bosnia and Herzegovina | 0.15% | 184.2% |
| 151st | Luxembourg | 0.18% | -81.6% |
| 152nd | Jamaica | 0.26% | -69.3% |
| 153rd | Israel | 0.32% | 109.5% |
| 154th | San Marino | 0.42% | 102.6% |
| 155th | Canada | 0.56% | 118.2% |
| 156th | Angola | 0.58% | -82.8% |
| 157th | Nicaragua | 0.65% | 151.5% |
| 158th | Viet Nam | 0.67% | 146.9% |
| 159th | Mongolia | 0.67% | 122.1% |
| 160th | Marshall Islands | 0.68% | 276.2% |
| 161st | Grenada | 0.93% | 184.7% |
| 162nd | Trinidad and Tobago | 0.96% | 111.4% |
| 163rd | Sweden | 1.00% | 773.2% |
| 164th | Switzerland | 1.19% | 512.1% |
| 165th | Singapore | 1.21% | 7.3% |
| 166th | Chile | 1.36% | 118.1% |
| 167th | Honduras | 1.57% | 149.6% |
| 168th | Ireland | 1.67% | 222.0% |
| 169th | Puerto Rico (US) | 1.79% | 796.1% |
| 170th | Saudi Arabia | 2.24% | 212.4% |
| 171st | Brunei Darussalam | 2.53% | 131.0% |
| 172nd | Cyprus | 2.65% | 261.4% |
| 173rd | Liechtenstein | 3.30% | 35.6% |
| 174th | Turkmenistan | 3.38% | 496.6% |
| 175th | Denmark | 3.39% | -17.8% |
| 176th | Chad | 3.79% | 392.9% |
| 177th | South Sudan | 4.48% | 148.2% |
| 178th | Andorra | 4.84% | 515.4% |
| 179th | Samoa | 5.03% | 193.5% |
| 180th | Azerbaijan | 5.96% | 41.8% |
| 181st | Iraq | 8.10% | 2,248.0% |
| 182nd | Congo, Republic of | 8.94% | 449.0% |
| 183rd | United Arab Emirates | 9.81% | 147.4% |
| 184th | Qatar | 10.39% | 4,175.7% |
| 185th | Oman | 10.53% | 431.9% |
| 186th | Equatorial Guinea | 11.68% | 340.4% |
| 187th | Micronesia, Federated States of | 17.43% | 292.3% |
| 188th | Libya | 23.60% | 59.1% |
| 189th | Nauru | 24.27% | -45.5% |
| 190th | Norway | 25.45% | 147.5% |
| 191st | Kuwait | 29.99% | 200.4% |
FAQ
What was Thailand's budget deficit in 2022?▾
Thailand's budget deficit in 2022 was -4.61%. This ranked 60th globally.
How did Thailand's budget deficit change in 2022?▾
Thailand's budget deficit increased by 31.7% in 2022 compared to 2021.
Which country had the highest budget deficit in 2022?▾
Kuwait had the highest budget deficit in 2022 at 29.99%.
What is the budget deficit of Thailand in 2022?▾
The budget deficit of Thailand in 2022 was -4.61%. This ranked 60th globally.
How does 2022 compare to 2021 for Thailand's budget deficit?▾
Thailand's budget deficit went from -6.74% in 2021 to -4.61% in 2022, a 31.7% increase.
Related
2021
2023
All years
Full ranking 2022
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 1995
Lowest: 1999
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Belize
vs Equatorial Guinea
vs Moldova
vs Colombia
ASEAN Budget Deficit
Global Ranking