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 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.