Mexico vs Thailand
Mexico vs Thailand: Government debt
Government debt: 61.7% of GDP in Mexico in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Thailand, by 3.9 percentage points, or 1.07 times that in Mexico.
% of GDP · IMF
What the numbers say
- Thailand has been higher since 2021, when it overtook Mexico.
- The IMF projection (World Economic Outlook, October 2026) puts Mexico at 64.5% of GDP and Thailand at 69.8% of GDP in 2031.
Every year
% of GDP · IMF
| Year | Mexico | Thailand |
|---|---|---|
| 2025 | 61.7 | 64.7 |
| 2024 | 59 | 62.9 |
| 2023 | 52.7 | 62.2 |
| 2022 | 53.8 | 60.6 |
| 2021 | 56.7 | 58.4 |
| 2020 | 58.5 | 49.4 |
| 2019 | 51.9 | 41.1 |
| 2018 | 52.2 | 41.9 |
| 2017 | 52.5 | 41.8 |
| 2016 | 55 | 41.7 |
| 2015 | 51 | 42.6 |
| 2014 | 47.1 | 43.3 |
| 2013 | 44.1 | 42.2 |
| 2012 | 40.8 | 41.9 |
| 2011 | 41.2 | 39.1 |
| 2010 | 40.2 | 39.8 |
| 2009 | 41.7 | 42.4 |
| 2008 | 40.6 | 35 |
| 2007 | 35.5 | 36 |
| 2006 | 35.8 | 39.2 |
| 2005 | 36.8 | 45.5 |
| 2004 | 38.9 | 46.3 |
| 2003 | 42.1 | 47.5 |
| 2002 | 39.9 | 54.9 |
| 2001 | 37.3 | 57.5 |
| 2000 | 38.5 | 57.8 |
| 1999 | 41.7 | 56.6 |
| 1998 | 39.7 | 49.9 |
| 1997 | 39.1 | 40.5 |
| 1996 | 42.5 | 15.2 |
- 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Mexico | Thailand |
|---|---|---|
| 2026 | 62.1 | 67.2 |
| 2027 | 62.9 | 68.5 |
| 2028 | 63.4 | 69.1 |
| 2029 | 64 | 69.4 |
| 2030 | 64.3 | 69.6 |
| 2031 | 64.5 | 69.8 |
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
Mexico vs Thailand
Health
- Life expectancyMexico: 75.1 years in 2023Thailand: 76.4 years in 2023
- Child mortalityMexico: 1.3 per 100 live births in 2024Thailand: 0.9 per 100 live births in 2024
- Infant mortalityMexico: 10.4 per 1,000 live births in 2023Thailand: 6.2 per 1,000 live births in 2023
- DepressionMexico: 2.79% in 2017Thailand: 3.09% in 2017
- Suicide rateMexico: 5.9 per 100,000 people in 2017Thailand: 10.4 per 100,000 people in 2017
People
- PopulationMexico: 130 million people in 2023Thailand: 71.7 million people in 2023
- Population growthMexico: 0.88% a year in 2023Thailand: -0.04% a year in 2023
- Fertility rateMexico: 1.91 births per woman in 2023Thailand: 1.21 births per woman in 2023
- Urban populationMexico: 80% in 2025Thailand: 62.8% in 2025
- Median ageMexico: 28.9 years in 2023Thailand: 39.7 years in 2023
- People aged 65 and overMexico: 8% in 2023Thailand: 14.7% in 2023
- Net migration rateMexico: -0.8 per 1,000 people in 2023Thailand: 0.3 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingMexico: 0.74% of GDP in 2025Thailand: 1.04% of GDP in 2025
- Military spending in US dollarsMexico: $13.8B in 2025Thailand: $5.57B in 2025
- Military spending per personMexico: $104 in 2025Thailand: $84 in 2025
- Military share of state spendingMexico: 2.5% of government spending in 2025Thailand: 4.4% of government spending in 2025
- Armed forces personnelMexico: 341,000 people in 2020Thailand: 455,000 people in 2020
- National powerMexico: 1.14% of world capability in 2022Thailand: 0.79% of world capability in 2022
- Armed forces, share of workersMexico: 0.64% of the labour force in 2020Thailand: 1.13% of the labour force in 2020
- Arms importsMexico: 9 million TIV in 2025Thailand: 33 million TIV in 2025
- Arms exportsMexico: 1 million TIV in 2019Thailand: 15 million TIV in 2024