Thailand
Government debt in Thailand
Government debt in Thailand: 15.2% of GDP in 1996 and 62.9% of GDP in 2024, by IMF estimates.
- Latest, 2024
- 62.9% of GDP
- Since 1996
- +47.7 percentage points
- Projected, 2031
- 69.8% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 69.8% of GDP in 2031.
Every year
% of GDP · IMF
| Year | Thailand |
|---|---|
| 2024 | 62.9 |
| 2023 | 62.2 |
| 2022 | 60.6 |
| 2021 | 58.4 |
| 2020 | 49.4 |
| 2019 | 41.1 |
| 2018 | 41.9 |
| 2017 | 41.8 |
| 2016 | 41.7 |
| 2015 | 42.6 |
| 2014 | 43.3 |
| 2013 | 42.2 |
| 2012 | 41.9 |
| 2011 | 39.1 |
| 2010 | 39.8 |
| 2009 | 42.4 |
| 2008 | 35 |
| 2007 | 36 |
| 2006 | 39.2 |
| 2005 | 45.5 |
| 2004 | 46.3 |
| 2003 | 47.5 |
| 2002 | 54.9 |
| 2001 | 57.5 |
| 2000 | 57.8 |
| 1999 | 56.6 |
| 1998 | 49.9 |
| 1997 | 40.5 |
| 1996 | 15.2 |
IMF projection (World Economic Outlook, October 2026) · 2025–2031
| Year | Thailand |
|---|---|
| 2025 | 64.7 |
| 2026 | 67.2 |
| 2027 | 68.5 |
| 2028 | 69.1 |
| 2029 | 69.4 |
| 2030 | 69.6 |
| 2031 | 69.8 |
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
Thailand in numbers
Every measure for Thailand on one page
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Military
- Military spending1.04% of GDP in 2025
- Military spending in US dollars$5.57B in 2025
- Military spending per person$84 in 2025
- Military share of state spending4.4% of government spending in 2025
- Armed forces personnel455,000 people in 2020
- National power0.79% of world capability in 2022
- Armed forces, share of workers1.13% of the labour force in 2020
- Arms imports33 million TIV in 2025
- Arms exports15 million TIV in 2024