Thailand recorded a Government Debt to GDP of 63.70 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Thailand averaged 46.72 percent of GDP from 1996 until 2024, reaching an all time high of 63.70 percent of GDP in 2024 and a record low of 15.20 percent of GDP in 1996. source: Ministry of Finance, Thailand
Government Debt to GDP in Thailand is expected to reach 68.00 percent of GDP by the end of 2025, 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 62.00 percent of GDP in 2026 and 62.20 percent of GDP in 2027, according to our econometric models.