Myanmar (Burma) vs Thailand

Myanmar (Burma) vs Thailand: Government debt

Government debt: 37.6% of GDP in Myanmar (Burma) in 2019 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2019 the value was higher in Thailand, by 3.4 percentage points, or 1.09 times that in Myanmar (Burma).

% of GDP · IMF

Myanmar (Burma) vs Thailand: Government debtGovernment debt: 37.6% of GDP in Myanmar (Burma) in 2019 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2019 the value was higher in Thailand, by 3.4 percentage points, or 1.09 times that in Myanmar (Burma).
Myanmar (Burma)ThailandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Thailand has been higher since 2018, when it overtook Myanmar (Burma).
  • The IMF projection (World Economic Outlook, October 2026) puts Myanmar (Burma) at 56% of GDP and Thailand at 69.8% of GDP in 2031.

Every year

% of GDP · IMF

YearMyanmar (Burma)Thailand
202450.762.9
202353.262.2
20225660.6
202163.458.4
202049.149.4
201937.641.1
201839.941.9
201741.941.8
201635.741.7
201536.642.6
201434.543.3
201344.942.2
20124841.9
201149.939.1
201054.439.8
200956.442.4
200859.835
200777.436
2006103.139.2
200511945.5
2004126.646.3
200314647.5
2002190.654.9
200126257.5
2000164.557.8
1999150.756.6
1998208.649.9
1997–40.5
1996–15.2
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearMyanmar (Burma)Thailand
20255264.7
202653.367.2
202754.668.5
202855.369.1
202955.369.4
203055.769.6
20315669.8

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.

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

Myanmar (Burma) vs Thailand

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