Thailand recorded a government debt equivalent to 41.80 percent of the country's Gross Domestic Product in 2018. source: Ministry of Finance, Thailand

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. This page provides - Thailand Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Government Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Government Debt to GDP in Thailand is expected to reach 57.00 percent of GDP by the end of 2021, 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 56.00 percent of GDP in 2022, according to our econometric models.

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Thailand Government Debt to GDP


Thailand Last Unit Reference Previous Highest Lowest
Government Debt to GDP 50.50 percent of GDP Dec/20 41.10 57.80 15.20
Government Budget -6.10 percent of GDP Dec/20 -1.80 4.90 -6.10


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.