South Africa vs Thailand
South Africa vs Thailand: Government debt
Government debt in 2024: 76% of GDP in South Africa and 62.9% of GDP in Thailand, by IMF estimates. In 2024 the value was higher in South Africa, by 13 percentage points, or 1.21 times that in Thailand.
% of GDP · IMF
What the numbers say
- South Africa has been higher since 2015, when it overtook Thailand.
- The IMF projection (World Economic Outlook, October 2026) puts South Africa at 79.8% of GDP and Thailand at 69.8% of GDP in 2031.
Every year
% of GDP · IMF
| Year | South Africa | Thailand |
|---|---|---|
| 2024 | 76 | 62.9 |
| 2023 | 73.2 | 62.2 |
| 2022 | 70.7 | 60.6 |
| 2021 | 68.8 | 58.4 |
| 2020 | 68.9 | 49.4 |
| 2019 | 56.1 | 41.1 |
| 2018 | 51.5 | 41.9 |
| 2017 | 48.6 | 41.8 |
| 2016 | 47.1 | 41.7 |
| 2015 | 45.2 | 42.6 |
| 2014 | 43.3 | 43.3 |
| 2013 | 40.4 | 42.2 |
| 2012 | 37.4 | 41.9 |
| 2011 | 34.7 | 39.1 |
| 2010 | 31.2 | 39.8 |
| 2009 | 27 | 42.4 |
| 2008 | 24.1 | 35 |
| 2007 | 24.3 | 36 |
| 2006 | 28 | 39.2 |
| 2005 | 29.6 | 45.5 |
| 2004 | 30.7 | 46.3 |
| 2003 | 31.5 | 47.5 |
| 2002 | 31.8 | 54.9 |
| 2001 | 38.1 | 57.5 |
| 2000 | 37.9 | 57.8 |
| 1999 | – | 56.6 |
| 1998 | – | 49.9 |
| 1997 | – | 40.5 |
| 1996 | – | 15.2 |
IMF projection (World Economic Outlook, October 2026) · 2025–2031
| Year | South Africa | Thailand |
|---|---|---|
| 2025 | 78.4 | 64.7 |
| 2026 | 78 | 67.2 |
| 2027 | 78.1 | 68.5 |
| 2028 | 78.8 | 69.1 |
| 2029 | 79.5 | 69.4 |
| 2030 | 79.7 | 69.6 |
| 2031 | 79.8 | 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.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
South Africa vs Thailand
Health
- Life expectancySouth Africa: 66.1 years in 2023Thailand: 76.4 years in 2023
- Child mortalitySouth Africa: 3.5 per 100 live births in 2024Thailand: 0.9 per 100 live births in 2024
- Infant mortalitySouth Africa: 27.9 per 1,000 live births in 2023Thailand: 6.2 per 1,000 live births in 2023
- DepressionSouth Africa: 3.75% in 2017Thailand: 3.09% in 2017
- Suicide rateSouth Africa: 11.2 per 100,000 people in 2017Thailand: 10.4 per 100,000 people in 2017
People
- PopulationSouth Africa: 63.2 million people in 2023Thailand: 71.7 million people in 2023
- Population growthSouth Africa: 1.32% a year in 2023Thailand: -0.04% a year in 2023
- Fertility rateSouth Africa: 2.22 births per woman in 2023Thailand: 1.21 births per woman in 2023
- Urban populationSouth Africa: 63.8% in 2025Thailand: 62.8% in 2025
- Median ageSouth Africa: 28.2 years in 2023Thailand: 39.7 years in 2023
- People aged 65 and overSouth Africa: 6.5% in 2023Thailand: 14.7% in 2023
- Net migration rateSouth Africa: 3.6 per 1,000 people in 2023Thailand: 0.3 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingSouth Africa: 0.74% of GDP in 2025Thailand: 1.04% of GDP in 2025
- Military spending in US dollarsSouth Africa: $3B in 2025Thailand: $5.57B in 2025
- Military spending per personSouth Africa: $49 in 2025Thailand: $84 in 2025
- Military share of state spendingSouth Africa: 2.2% of government spending in 2025Thailand: 4.4% of government spending in 2025
- Armed forces personnelSouth Africa: 89,000 people in 2020Thailand: 455,000 people in 2020
- National powerSouth Africa: 0.55% of world capability in 2022Thailand: 0.79% of world capability in 2022
- Armed forces, share of workersSouth Africa: 0.4% of the labour force in 2020Thailand: 1.13% of the labour force in 2020
- Arms importsSouth Africa: 30 million TIV in 2025Thailand: 33 million TIV in 2025
- Arms exportsSouth Africa: 115 million TIV in 2025Thailand: 15 million TIV in 2024