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. source: Ministry of Finance, Thailand

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.

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Thailand Government Debt to GDP

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


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.

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 -14697.00 188252.00 217720.00 -258195.00 THB Million [+]
Government Spending 395931.00 394584.00 399701.00 113953.00 THB Million [+]
Government Revenues 173307.00 255924.00 381595.00 14663.30 THB Million [+]
Fiscal Expenditure 155368.00 347711.00 409249.00 15678.00 THB Million [+]
Military Expenditure 6420.00 6306.00 6420.00 369.00 USD Million [+]
Credit Rating 65.00 [+]