Thailand Government Debt to GDP

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.

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Thailand Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	41.80	41.20	57.80	15.20	percent	[+]
Government Budget	-2.70	-2.70	4.90	-5.10	percent of GDP	[+]
Government Budget Value	111540.00	54285.00	217720.00	-252799.00	THB Million	[+]
Government Spending	391871.00	386604.00	393248.00	113953.00	THB Million	[+]
Government Revenues	209974.00	205394.00	350154.00	14663.30	THB Million	[+]
Fiscal Expenditure	256790.00	232257.00	409064.00	15678.00	THB Million	[+]
Military Expenditure	6075.70	5876.30	6075.70	353.30	USD Million	[+]
Credit Rating	63.26					[+]

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. This page provides - Thailand Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	41.80	41.20	57.80	15.20	1996 - 2017	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.10	Dec/18	131	132 : 90.5	%
Singapore	110.60	Dec/17	112	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
Spain	98.30	Dec/17	99	100 : 16.6	%
France	97.00	Dec/17	96.6	97 : 20.7	%
Canada	89.60	Dec/17	92.4	101 : 45.1	%
Euro Area	86.70	Dec/17	89	91.9 : 64.9	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	74.04	Dec/17	69.95	74.04 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	63.90	Dec/17	67.9	81 : 54.7	%
Argentina	57.10	Dec/17	53.3	167 : 34.5	%
Netherlands	56.70	Dec/17	61.8	73.5 : 42.7	%
South Africa	53.10	Dec/17	51.6	53.1 : 27.8	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.40	Dec/17	48.2	48.2 : 17.1	%
Australia	41.90	Dec/17	41	41.9 : 9.7	%
South Korea	38.00	Dec/17	38.3	38.3 : 8.24	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	17.20	Dec/17	13.1	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%