Thailand recorded a government debt equivalent to 41.80 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Thailand averaged 44.15 percent from 1996 until 2018, 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 45.00 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 41.00 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 -2.50 -2.70 4.90 -5.10 percent of GDP [+]
Government Budget Value -10026.00 -49461.00 217720.00 -258195.00 THB Million [+]
Government Spending 400145.00 393033.00 400145.00 113953.00 THB Million [+]
Government Revenues 174640.00 156202.00 350154.00 14663.30 THB Million [+]
Fiscal Expenditure 178113.00 166228.00 409249.00 15678.00 THB Million [+]
Military Expenditure 6420.00 6306.00 6420.00 369.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
41.80 41.20 57.80 15.20 1996 - 2018 percent Yearly




Country Last Previous
Japan 253.00 Dec/17
Italy 132.20 Dec/18
Singapore 112.20 Dec/18
United States 105.40 Dec/17
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 90.60 Dec/18
Argentina 86.20 Dec/18
Euro Area 85.10 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.70 Dec/17
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
Netherlands 52.40 Dec/18
China 47.60 Dec/17
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
South Korea 36.60 Dec/18
Indonesia 29.80 Dec/18
Switzerland 29.70 Dec/17
Turkey 28.30 Dec/17
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17


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