Belgium vs Thailand

Belgium vs Thailand: Government debt

Government debt: 107.9% of GDP in Belgium in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Belgium, by 41 percentage points, or 1.65 times that in Thailand.

% of GDP · IMF

Belgium vs Thailand: Government debtGovernment debt: 107.9% of GDP in Belgium in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Belgium, by 41 percentage points, or 1.65 times that in Thailand.
BelgiumThailandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Belgium has been higher in every year both have figures for since 1996.
  • The IMF projection (World Economic Outlook, October 2026) puts Belgium at 122.1% of GDP and Thailand at 69.8% of GDP in 2031.

Every year

% of GDP · IMF

YearBelgiumThailand
2025107.964.7
2024103.962.9
2023102.562.2
2022103.360.6
2021108.758.4
2020111.449.4
201997.741.1
2018100.141.9
2017102.541.8
2016105.541.7
2015105.642.6
2014106.643.3
201310542.2
2012104.341.9
2011102.739.1
2010100.239.8
200999.942.4
200893.235
200787.336
200691.539.2
200595.145.5
200497.246.3
2003101.747.5
2002105.454.9
2001108.257.5
2000109.657.8
1999115.456.6
1998119.249.9
1997124.340.5
199612915.2
1995131.3–
1994137.1–
1993138.9–
1992134.7–
1991131.8–
1990130.3–
1989126.4–
1988129.7–
1987129.2–
1986124.7–
1985119.4–
1984114.6–
1983110.3–
198299.6–
198189.7–
198076.8–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearBelgiumThailand
2026109.867.2
2027111.668.5
2028114.169.1
2029116.469.4
2030119.369.6
2031122.169.8

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Belgium vs Thailand

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