Thailand Government Debt (% of GDP)

Central government debt only, not the broader general-government measure used on most other country pages here (no general-government series is currently available for Thailand).

62.2%

+1.1pp vs 2023

2024 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Government Debt (% of GDP)

1989 to 2024

Source: FRED series DEBTTLTHA188A · World Bank World Development Indicators, central government debt, % of GDP, annual.

Thailand Government Debt (% of GDP) in context

Worked out from the published series shown above.

In Thailand, the government debt rose by 1.1pp in 2024, from 61.1% in 2023.

That is the highest reading in a record that starts in 1989.

Over the past five years it has ranged from 38.6% in 2019 to 62.2% in 2024.

Its average since 1989 is 27.2%, and the latest reading is above that.

Thailand is 28th of 62 countries in our Government Debt to GDP by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
World Bank via FRED
Series
DEBTTLTHA188A
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2024
Revision status
Latest published estimate, subject to revision

Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.

More Thailand indicators

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