Thailand recorded a government debt equivalent to 41.20 percent of the country's Gross Domestic Product in 2016. Government Debt to GDP in Thailand averaged 44.40 percent from 1996 until 2016, reaching an all time high of 57.80 percent in 2000 and a record low of 15.20 percent in 1996.

Government Debt to GDP in Thailand is expected to be 43.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Government Debt to GDP is projected to trend around 46.00 percent in 2020, according to our econometric models.

Thailand Government Debt to GDP
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Thailand Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.80 41.20 57.80 15.20 percent [+]
Government Budget -2.70 -2.70 4.90 -5.10 percent of GDP [+]
Government Budget Value 54285.00 3803.00 217720.00 -252799.00 THB Million [+]
Government Spending 387102.00 391297.00 394051.00 113953.00 THB Million [+]
Government Revenues 292167.00 198257.00 350154.00 14663.30 THB Million [+]
Fiscal Expenditure 180627.00 143972.00 409064.00 15678.00 THB Million [+]
Military Expenditure 6075.70 5876.30 6075.70 353.30 USD Million [+]
Credit Rating 63.26 [+]


Thailand Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Thailand Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
41.80 41.20 57.80 15.20 1996 - 2017 percent Yearly




Country Last
Japan 253.00 Dec/17
Italy 131.80 Dec/17
Singapore 110.60 Dec/17
United States 105.40 Dec/17
Spain 98.30 Dec/17
France 97.00 Dec/17
Canada 89.60 Dec/17
Euro Area 86.70 Dec/17
United Kingdom 85.30 Dec/17
Brazil 74.04 Dec/17
India 68.70 Dec/17
Germany 64.10 Dec/17
Argentina 57.10 Dec/17
Netherlands 56.70 Dec/17
South Africa 53.10 Dec/17
China 47.60 Dec/17
Mexico 46.40 Dec/17
Australia 41.90 Dec/17
South Korea 38.00 Dec/17
Switzerland 29.70 Dec/17
Indonesia 28.70 Dec/17
Turkey 28.30 Dec/17
Saudi Arabia 17.20 Dec/17
Russia 12.60 Dec/17


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