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MacroThailand

Government debt in Thailand

How indebted is the state my taxes would go to?

Thailand's government debt is 64.70 % — #77 of 125 countries on the atlas (lower is better). Period 2025.

64.70%

Checked 22 Oct 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.6 years' worth of the country's entire economic output.

Government debt in Thailand over time

64.70 %39.95 %15.20 %15.20 % · 19961996: 15.20 %1997: 40.50 %1998: 49.90 %1999: 56.60 %2000: 57.80 %2001: 57.50 %2002: 54.90 %2003: 47.50 %2004: 46.30 %2005: 45.50 %2006: 39.20 %2007: 36.00 %2008: 34.90 %2009: 42.40 %2010: 39.80 %2011: 39.10 %2012: 41.90 %2013: 42.20 %2014: 43.30 %2015: 42.60 %2016: 41.70 %2017: 41.80 %2018: 41.90 %2019: 41.10 %2020: 49.40 %2021: 58.40 %2022: 60.50 %2023: 62.20 %2024: 62.90 %2025: 64.70 %19962010202564.70 %
30 official observations, 1996 → 2025. Every point is a published value — never interpolated.
Rank
#77 of 125
lower is better
Ranked behind
38 %
48 of 125 countries
Latest move
▲ 1.80 pp
since 2024
Full series
▲ 49.50 pp
since 1996

In Asia: #26 of 37vs median 54.70 %: +10.00 pp (worse)

Among 125 countries

6 of 125 countries between 12.30 % and 17.90 %2 of 125 countries between 17.90 % and 23.49 %10 of 125 countries between 23.49 % and 29.09 %11 of 125 countries between 29.09 % and 34.68 %8 of 125 countries between 34.68 % and 40.28 %9 of 125 countries between 40.28 % and 45.88 %7 of 125 countries between 45.88 % and 51.47 %13 of 125 countries between 51.47 % and 57.07 %8 of 125 countries between 57.07 % and 62.66 %10 of 125 countries between 62.66 % and 68.26 %4 of 125 countries between 68.26 % and 73.85 %3 of 125 countries between 73.85 % and 79.45 %7 of 125 countries between 79.45 % and 85.05 %6 of 125 countries between 85.05 % and 90.64 %2 of 125 countries between 90.64 % and 96.24 %6 of 125 countries between 96.24 % and 101.83 %2 of 125 countries between 101.83 % and 107.43 %1 of 125 countries between 107.43 % and 113.02 %2 of 125 countries between 113.02 % and 118.62 %1 of 125 countries between 124.22 % and 129.81 %2 of 125 countries between 135.41 % and 141.00 %5 of 125 countries between 141.00 % and 146.60 %median 54.70 %Thailand: ahead of 38 % of the 125 countries with a published government debtThailand 64.70 %12.30 %146.60 %
Half of all 125 countries sit between 36.10 % and 81.70 %. Thailand is ahead of 38 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Thailand
75 Germany62.70 %−2.00 pp
76 Montenegro63.50 %−1.20 pp
77 Thailand64.70 %—
78 Rwanda64.70 %—
79 Slovenia65.10 %+0.40 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Thailand

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Thailand with another country →Everything about Thailand →
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