Thailand Government Debt to GDP — 2026 Data & Trend
Thailand's government debt was 64.69% in December 2025, up from 62.91% the previous year. A year earlier it stood at 62.91%.
Thailand's government debt stands at 64.69% as of December 2025. Over the latest readings, the government debt has moved within a band of 15.19% to 64.69%. The most recent figure of 64.69% is up from 62.91% a year earlier, and is 1.77% higher than a year ago.
The trend
Among the 192 economies tracked on this platform, Thailand ranks #66 on government debt by latest value. It rose from 62.91% in the previous year, and compares with a year-earlier 62.91%.
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 2025 | 64.69% |
| Dec 2024 | 62.91% |
| Dec 2023 | 62.24% |
| Dec 2022 | 60.55% |
| Dec 2021 | 58.37% |
| Dec 2020 | 49.43% |
| Dec 2019 | 41.06% |
| Dec 2018 | 41.94% |
Data: Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). 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 64.69% in December 2025, up from 62.91% the previous year. A year earlier it stood at 62.91%.
Is the government debt rising or falling in Thailand?
It rose in the latest reading — 64.69% in December 2025 versus 62.91% 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).