Thailand recorded a Government Debt to GDP of 65.64 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Thailand averaged 47.35 percent of GDP from 1996 until 2025, reaching an all time high of 65.64 percent of GDP in 2025 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 66.00 percent of GDP by the end of 2026, 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 68.90 percent of GDP in 2027 and 70.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 65.00 May 2026
Fiscal Expenditure 312067.00 158826.00 THB Million Mar 2026
Government Budget -2.20 -2.80 percent of GDP Dec 2024
Government Budget Value -115393.00 18494.00 THB Million Mar 2026
Government Debt to GDP 65.64 63.70 percent of GDP Dec 2025
Government Revenues 196674.00 177320.00 THB Million Mar 2026
Government Spending 429348.00 434827.00 THB Million Dec 2025
Holidays
Military Expenditure 5984.00 5519.70 USD Million Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
65.64 63.70 65.64 15.20 1996 - 2025 percent of GDP Yearly