Cambodia vs Thailand

Cambodia vs Thailand: Government debt

Government debt: 25.5% of GDP in Cambodia in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Thailand, by 36.8 percentage points, or 2.41 times that in Cambodia.

% of GDP · IMF

Cambodia vs Thailand: Government debtGovernment debt: 25.5% of GDP in Cambodia in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Thailand, by 36.8 percentage points, or 2.41 times that in Cambodia.
CambodiaThailandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Thailand has been higher since 1997, when it overtook Cambodia.
  • The IMF projection (World Economic Outlook, October 2026) puts Cambodia at 25.7% of GDP and Thailand at 69.8% of GDP in 2031.

Every year

% of GDP · IMF

YearCambodiaThailand
202525.564.7
202426.162.9
202326.362.2
202225.360.6
202126.458.4
202025.549.4
201921.241.1
201821.341.9
201722.941.8
20162241.7
201523.442.6
20142443.3
201324.642.2
20122541.9
201123.739.1
201023.539.8
200923.142.4
200822.735
200725.336
200626.639.2
200531.345.5
200438.146.3
200339.647.5
200237.854.9
200133.657.5
200034.157.8
199934.756.6
199837.249.9
199731.640.5
199630.215.2
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearCambodiaThailand
202625.167.2
202725.368.5
202824.969.1
202925.469.4
203025.769.6
203125.769.8

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

Cambodia vs Thailand

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