Laos vs Thailand

Laos vs Thailand: Government debt

Government debt: 88.8% of GDP in Laos in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Laos, by 36.3 percentage points, or 1.58 times that in Thailand.

% of GDP · IMF

Laos vs Thailand: Government debtGovernment debt: 88.8% of GDP in Laos in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Laos, by 36.3 percentage points, or 1.58 times that in Thailand.
LaosThailandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Laos has been higher in every year both have figures for since 2001.
  • The IMF projection (World Economic Outlook, October 2026) puts Laos at 52.1% of GDP and Thailand at 69.8% of GDP in 2031.

Every year

% of GDP · IMF

YearLaosThailand
202588.864.7
202499.262.9
2023108.862.2
2022115.760.6
202192.258.4
202075.449.4
201969.141.1
201860.641.9
201757.241.8
201654.541.7
201553.142.6
201453.543.3
201349.542.2
201246.141.9
20114339.1
201049.339.8
200951.842.4
200851.735
200755.936
20066039.2
200573.245.5
200480.746.3
200390.247.5
200295.354.9
200194.757.5
2000–57.8
1999–56.6
1998–49.9
1997–40.5
1996–15.2
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearLaosThailand
202679.867.2
202771.968.5
202866.569.1
202961.869.4
203057.569.6
203152.169.8

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

Laos vs Thailand

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