Spain vs Thailand

Spain vs Thailand: Government debt

Government debt: 100.5% of GDP in Spain in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Spain, by 38.5 percentage points, or 1.61 times that in Thailand.

% of GDP · IMF

Spain vs Thailand: Government debtGovernment debt: 100.5% of GDP in Spain in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Spain, by 38.5 percentage points, or 1.61 times that in Thailand.
SpainThailandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Spain has been higher since 2008, when it overtook Thailand.
  • The IMF projection (World Economic Outlook, October 2026) puts Spain at 89.4% of GDP and Thailand at 69.8% of GDP in 2031.

Every year

% of GDP · IMF

YearSpainThailand
2025100.564.7
2024101.462.9
2023105.262.2
2022109.260.6
2021115.658.4
2020119.249.4
201997.641.1
201899.741.9
2017101.141.8
201610241.7
2015102.442.6
2014104.443.3
201310042.2
201289.641.9
201169.539.1
201060.339.8
200953.142.4
200839.635
200735.736
20063939.2
200542.445.5
200445.346.3
200347.747.5
200251.254.9
200154.157.5
200057.857.8
199960.956.6
199862.449.9
199764.340.5
199665.415.2
199561.6–
199457–
199354.6–
199244.1–
199141.9–
199041.3–
198939.9–
198838.5–
198741.9–
198642.1–
198540.9–
198436–
198329.5–
198224.4–
198119.5–
198016.1–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSpainThailand
202697.667.2
202795.268.5
202893.269.1
20299269.4
203090.769.6
203189.469.8

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

Spain vs Thailand

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