Thailand Government Debt to GDP — 2026 Data & Trend
Thailand's government debt was 61.86% in December 2024, up from 60.99% the previous year. A year earlier it stood at 60.99%.
Thailand's government debt stands at 61.86% as of December 2024. Over the latest readings, the government debt has moved within a band of 3.67% to 61.86%. The most recent figure of 61.86% is up from 60.99% a year earlier, and is 0.87% higher than a year ago.
The trend
Among the 121 economies tracked on this platform, Thailand ranks #45 on government debt by latest value. It rose from 60.99% in the previous year, and compares with a year-earlier 60.99%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2024 | 61.86% |
| Dec 2023 | 60.99% |
| Dec 2022 | 60.34% |
| Dec 2021 | 58.53% |
| Dec 2020 | 50.34% |
| Dec 2019 | 38.63% |
| Dec 2018 | 37.91% |
| Dec 2016 | 37.31% |
Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Thailand Have in 2026?
Thailand's government debt was 61.86% in December 2024, up from 60.99% the previous year. A year earlier it stood at 60.99%.
Is the government debt rising or falling in Thailand?
It rose in the latest reading — 61.86% in December 2024 versus 60.99% a year earlier. Year on year it is higher.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).