Sweden vs Thailand
Sweden vs Thailand: Government debt
Government debt: 34.6% of GDP in Sweden in 2025 and 62.9% of GDP in Thailand in 2024, by IMF estimates. In 2024 the value was higher in Thailand, by 29 percentage points, or 1.86 times that in Sweden.
% of GDP · IMF
What the numbers say
- Thailand has been higher since 2018, when it overtook Sweden.
- The IMF projection (World Economic Outlook, October 2026) puts Sweden at 30.7% of GDP and Thailand at 69.8% of GDP in 2031.
Every year
% of GDP · IMF
| Year | Sweden | Thailand |
|---|---|---|
| 2025 | 34.6 | 64.7 |
| 2024 | 33.9 | 62.9 |
| 2023 | 32.2 | 62.2 |
| 2022 | 34.4 | 60.6 |
| 2021 | 37.2 | 58.4 |
| 2020 | 40.5 | 49.4 |
| 2019 | 36 | 41.1 |
| 2018 | 40.2 | 41.9 |
| 2017 | 41.9 | 41.8 |
| 2016 | 43.2 | 41.7 |
| 2015 | 44.8 | 42.6 |
| 2014 | 46.1 | 43.3 |
| 2013 | 41.2 | 42.2 |
| 2012 | 38.1 | 41.9 |
| 2011 | 37.8 | 39.1 |
| 2010 | 38.7 | 39.8 |
| 2009 | 41.3 | 42.4 |
| 2008 | 38 | 35 |
| 2007 | 39.3 | 36 |
| 2006 | 43.9 | 39.2 |
| 2005 | 49 | 45.5 |
| 2004 | 48.7 | 46.3 |
| 2003 | 49.5 | 47.5 |
| 2002 | 49.9 | 54.9 |
| 2001 | 52 | 57.5 |
| 2000 | 50.4 | 57.8 |
| 1999 | 60.3 | 56.6 |
| 1998 | 65.4 | 49.9 |
| 1997 | 67.7 | 40.5 |
| 1996 | 68.9 | 15.2 |
| 1995 | 68.7 | – |
| 1994 | 68.6 | – |
| 1993 | 66.1 | – |
- 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Sweden | Thailand |
|---|---|---|
| 2026 | 35.1 | 67.2 |
| 2027 | 35.5 | 68.5 |
| 2028 | 34.8 | 69.1 |
| 2029 | 33.6 | 69.4 |
| 2030 | 32.3 | 69.6 |
| 2031 | 30.7 | 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
Sweden vs Thailand
Health
- Life expectancySweden: 83.3 years in 2023Thailand: 76.4 years in 2023
- Child mortalitySweden: 0.2 per 100 live births in 2024Thailand: 0.9 per 100 live births in 2024
- Infant mortalitySweden: 1.9 per 1,000 live births in 2023Thailand: 6.2 per 1,000 live births in 2023
- DepressionSweden: 4.49% in 2017Thailand: 3.09% in 2017
- Suicide rateSweden: 11.1 per 100,000 people in 2017Thailand: 10.4 per 100,000 people in 2017
People
- PopulationSweden: 10.6 million people in 2023Thailand: 71.7 million people in 2023
- Population growthSweden: 0.56% a year in 2023Thailand: -0.04% a year in 2023
- Fertility rateSweden: 1.43 births per woman in 2023Thailand: 1.21 births per woman in 2023
- Urban populationSweden: 89.1% in 2025Thailand: 62.8% in 2025
- Median ageSweden: 39.9 years in 2023Thailand: 39.7 years in 2023
- People aged 65 and overSweden: 20.5% in 2023Thailand: 14.7% in 2023
- Net migration rateSweden: 5.2 per 1,000 people in 2023Thailand: 0.3 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingSweden: 2.47% of GDP in 2025Thailand: 1.04% of GDP in 2025
- Military spending in US dollarsSweden: $15B in 2025Thailand: $5.57B in 2025
- Military spending per personSweden: $1,549 in 2025Thailand: $84 in 2025
- Military share of state spendingSweden: 5% of government spending in 2025Thailand: 4.4% of government spending in 2025
- Armed forces personnelSweden: 15,000 people in 2020Thailand: 455,000 people in 2020
- National powerSweden: 0.19% of world capability in 2022Thailand: 0.79% of world capability in 2022
- Armed forces, share of workersSweden: 0.27% of the labour force in 2020Thailand: 1.13% of the labour force in 2020
- Arms importsSweden: 146 million TIV in 2025Thailand: 33 million TIV in 2025
- Arms exportsSweden: 235 million TIV in 2025Thailand: 15 million TIV in 2024