Germany vs Thailand

Germany vs Thailand: Government debt

Government debt: 62.7% of GDP in Germany in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Thailand, by 1.5 percentage points, or 1.02 times that in Germany.

% of GDP · IMF

Germany vs Thailand: Government debtGovernment debt: 62.7% of GDP in Germany in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Thailand, by 1.5 percentage points, or 1.02 times that in Germany.
GermanyThailandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Thailand has been higher since 2023, when it overtook Germany.
  • The IMF projection (World Economic Outlook, October 2026) puts Germany at 75.6% of GDP and Thailand at 69.8% of GDP in 2031.

Every year

% of GDP · IMF

YearGermanyThailand
202562.764.7
202461.462.9
202361.862.2
202264.160.6
202167.458.4
202067.549.4
201958.441.1
201860.541.9
201763.741.8
201668.141.7
20157142.6
201474.443.3
201377.442.2
201279.841.9
201178.539.1
20108139.8
200972.442.4
200865.235
200763.736
200666.439.2
200567.145.5
20046546.3
200363.347.5
200259.854.9
200158.157.5
200059.257.8
199960.456.6
199859.449.9
199758.840.5
199657.715.2
199554.9–
199447.5–
199345.1–
199241.4–
199139–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearGermanyThailand
202664.667.2
20276768.5
202869.369.1
202971.569.4
203073.669.6
203175.669.8

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

Germany vs Thailand

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