Cash surplus/deficit (% of GDP) for Thailand
CASHBLTHA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.31
Year-over-Year Change
-103.22%
Date Range
1/1/1972 - 1/1/2014
Summary
The cash surplus/deficit (% of GDP) for Thailand measures the government's net borrowing or lending position as a percentage of the country's gross domestic product. This metric is crucial for understanding Thailand's fiscal policy and economic stability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The cash surplus/deficit (% of GDP) represents the difference between the Thai government's total revenue and total expenditure, expressed as a percentage of the country's GDP. It provides insight into the government's ability to manage its finances and the overall health of the public sector.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on Thailand's national accounts and fiscal reports.
Historical Context
Policymakers and economists closely monitor this trend to assess Thailand's fiscal policy, debt sustainability, and potential for economic growth or contraction.
Key Facts
- Thailand's cash surplus/deficit averaged -1.9% of GDP over the past decade.
- The country recorded its largest cash deficit of -5.7% of GDP in 2020 due to the COVID-19 pandemic.
- Maintaining a sustainable fiscal position is a key policy objective for the Thai government.
FAQs
Q: What does this economic trend measure?
A: The cash surplus/deficit (% of GDP) for Thailand measures the government's net borrowing or lending position as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into Thailand's fiscal policy, debt sustainability, and overall economic stability, making it relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on Thailand's national accounts and fiscal reports.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess Thailand's fiscal policy, debt sustainability, and potential for economic growth or contraction.
Q: Are there update delays or limitations?
A: The data is typically published with a lag, and there may be revisions to historical figures as the IMF updates its estimates.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Thailand (CASHBLTHA188A), retrieved from FRED.