Thailand External Debt: % of GDP
2005 - 2026 | Quarterly | % | Bank of Thailand
Key information about Thailand External Debt: % of GDP
- Thailand External Debt accounted for 34.7 % of the country's Nominal GDP in 2026, compared with the ratio of 35.5 % in the previous quarter.
- Thailand External Debt: % of Nominal GDP data is updated quarterly, available from Mar 2005 to Mar 2026.
- The data reached an all-time high of 42.1 % in Dec 2022 and a record low of 26.4 % in Jun 2009.
The Bank of Thailand provides External Debt as % of Nominal GDP. Nominal GDP in USD is calculated by the Bank of Thailand using Weighted Average Interbank Exchange Rate.
Related information about Thailand External Debt: % of GDP
- In the latest reports of Thailand, Current Account recorded a deficit of 6.4 USD bn in May 2026.
- Thailand Direct Investment Abroad expanded by 2.9 USD bn in Mar 2026.
- Its Foreign Portfolio Investment increased by 2.4 USD bn in Mar 2026.
- The country's External Debt reached 209,742.9 in Mar 2026.
- The country's Nominal GDP was reported at 144.8 USD bn in Sep 2025.
View Thailand's External Debt: % of GDP from Mar 2005 to Mar 2026 in the chart:
What was Thailand's External Debt: % of GDP in Mar 2026?
Thailand External Debt accounted for 34.7 % of the country's Nominal GDP in 2026, compared with the ratio of 35.5 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 34.7 Mar 2026 | 35.5 Dec 2025 | 26.4 Jun 2009 | 42.1 Dec 2022 | % | quarterly | Mar 2005 - Mar 2026 |
External Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 37.8 2025 | yearly | 1991 - 2025 |
| Algeria (%) | 1.1 2024 | yearly | 1970 - 2024 |
| Argentina (%) | 46.5 2025 | yearly | 1994 - 2025 |
| Armenia (%) | 65.0 2025 | yearly | 2000 - 2025 |
| Australia (%) | 107.2 2025 | yearly | 1988 - 2025 |
| Austria (%) | 154.5 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 38.8 Mar 2026 | quarterly | Dec 2000 - Mar 2026 |
| Belgium (%) | 242.8 2025 | yearly | 2007 - 2025 |
| Bolivia (%) | 33.0 2024 | yearly | 2006 - 2024 |
| Bosnia and Herzegovina (%) | 16.4 2025 | yearly | 1999 - 2025 |
| Botswana (%) | 7.8 2025 | yearly | 1995 - 2025 |
| Brazil (%) | 29.0 2025 | yearly | 1992 - 2025 |
| Bulgaria (%) | 50.5 2025 | yearly | 1999 - 2025 |
| Cambodia (%) | 38.3 2025 | yearly | 2010 - 2025 |
| Canada (%) | 147.2 2025 | yearly | 1990 - 2025 |
| Chile (%) | 77.6 2025 | yearly | 1971 - 2025 |
| China (%) | 11.9 2025 | yearly | 1985 - 2025 |
| Colombia (%) | 48.0 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 74.3 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 617.2 2025 | yearly | 2004 - 2025 |
| Czech Republic (%) | 66.4 2025 | yearly | 1995 - 2025 |
| Denmark (%) | 140.6 2025 | yearly | 2005 - 2025 |
| Ecuador (%) | 49.7 2025 | yearly | 1970 - 2025 |
| Egypt (%) | 40.3 Dec 2025 | quarterly | Jun 1999 - Dec 2025 |
| Estonia (%) | 99.8 2025 | yearly | 1996 - 2025 |
| European Union (%) | 106.3 2025 | yearly | 2013 - 2025 |
| Finland (%) | 207.2 2025 | yearly | 1991 - 2025 |
| France (%) | 260.0 2025 | yearly | 2004 - 2025 |
| Georgia (%) | 70.3 2025 | yearly | 1999 - 2025 |
| Germany (%) | 151.6 2025 | yearly | 1999 - 2025 |
| Ghana (%) | 25.7 2025 | yearly | 1999 - 2025 |
| Greece (%) | 237.7 2025 | yearly | 2003 - 2025 |
| Hong Kong SAR, China (%) | 481.9 2025 | yearly | 2001 - 2025 |
| Hungary (%) | 118.1 2025 | yearly | 2006 - 2025 |
| Iceland (%) | 75.3 2025 | yearly | 1989 - 2025 |
| India (%) | 19.1 2025 | yearly | 1970 - 2025 |
| Indonesia (%) | 29.9 2025 | yearly | 2003 - 2025 |
| Iran (%) | 0.8 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 546.1 2025 | yearly | 2002 - 2025 |
| Israel (%) | 26.9 2025 | yearly | 1998 - 2025 |
| Italy (%) | 120.8 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 34.4 2022 | yearly | 1994 - 2022 |
| Japan (%) | 109.8 2025 | yearly | 2003 - 2025 |
| Jordan (%) | 74.3 2025 | yearly | 1970 - 2025 |
| Kazakhstan (%) | 59.5 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Kenya (%) | 31.1 2025 | yearly | 2006 - 2025 |
| South Korea (%) | 40.9 2025 | yearly | 1994 - 2025 |
| Kosovo (%) | 40.7 2024 | yearly | 2007 - 2024 |
| Kuwait (%) | 60.1 2025 | yearly | 2014 - 2025 |
| Kyrgyzstan (%) | 55.4 2025 | yearly | 2003 - 2025 |
| Laos (%) | 64.8 2025 | yearly | 1996 - 2025 |
| Latvia (%) | 104.1 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Lebanon (%) | 21.3 2023 | yearly | 2007 - 2023 |
| Lithuania (%) | 93.1 2025 | yearly | 1996 - 2025 |
| Luxembourg (%) | 3,937.1 2025 | yearly | 2002 - 2025 |
| North Macedonia (%) | 72.0 2025 | yearly | 2004 - 2025 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 68.9 2025 | yearly | 2009 - 2025 |
| Malta (%) | 785.5 2025 | yearly | 2004 - 2025 |
| Mauritius (%) | 1,201.2 2025 | yearly | 2009 - 2025 |
| Mexico (%) | 35.0 2025 | yearly | 2002 - 2025 |
| Moldova (%) | 58.5 2025 | yearly | 2000 - 2025 |
| Mongolia (%) | 158.8 2025 | yearly | 1992 - 2025 |
| Montenegro (%) | 105.7 2024 | yearly | 2006 - 2024 |
| Morocco (%) | 50.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 49.2 2023 | yearly | 1985 - 2023 |
| Myanmar (%) | 18.9 2023 | yearly | 2018 - 2023 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 354.0 2025 | yearly | 2003 - 2025 |
| New Zealand (%) | 98.3 2025 | yearly | 1993 - 2025 |
| Nigeria (%) | 12.0 2025 | yearly | 1985 - 2025 |
| Norway (%) | 156.3 2025 | yearly | 2003 - 2025 |
| Pakistan (%) | 33.4 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 13.1 2024 | yearly | 2012 - 2024 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 59.8 2025 | yearly | 2000 - 2025 |
| Peru (%) | 33.7 2025 | yearly | 1980 - 2025 |
| Philippines (%) | 30.3 2025 | yearly | 1990 - 2025 |
| Poland (%) | 50.1 2025 | yearly | 1995 - 2025 |
| Portugal (%) | 145.3 2025 | yearly | 1996 - 2025 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 57.5 2024 | yearly | 1995 - 2024 |
| Russia (%) | 12.0 2025 | yearly | 1993 - 2025 |
| Serbia (%) | 60.5 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 402.2 2025 | yearly | 2003 - 2025 |
| Slovakia (%) | 100.8 2025 | yearly | 1995 - 2025 |
| Slovenia (%) | 88.9 2025 | yearly | 1995 - 2025 |
| South Africa (%) | 46.9 2025 | yearly | 1985 - 2025 |
| Spain (%) | 162.9 2024 | yearly | 1995 - 2024 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 155.5 2025 | yearly | 1997 - 2025 |
| Switzerland (%) | 228.4 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 26.5 2025 | yearly | 1999 - 2025 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 34.7 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| Tunisia (%) | 76.8 2025 | yearly | 2002 - 2025 |
| Turkey (%) | 32.6 2025 | yearly | 1995 - 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.3 Mar 2026 | quarterly | Sep 2002 - Mar 2026 |
| Consolidated Fiscal Balance (USD mn) | -619.180 May 2026 | monthly | Oct 2001 - May 2026 |
| Tax Revenue (USD mn) | 75,623.579 2025 | yearly | 1984 - 2025 |
| Tax Revenue: % of GDP (%) | 13.3 2025 | yearly | 1990 - 2025 |
| National Government Debt (USD mn) | 358,623.3 May 2026 | monthly | Oct 1997 - May 2026 |
| Government Debt: % of GDP (%) | 59.1 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Forecast: Government Expenditure (THB bn) | 5,388.387 2031 | yearly | 1995 - 2031 |
| Forecast: Government Net Debt (THB bn) | 16,118.945 2031 | yearly | 1996 - 2031 |
| Forecast: Government Revenue (THB bn) | 4,875.965 2031 | yearly | 1995 - 2031 |
| Total Public Debt as % of GDP (%) | 66.820 May 2026 | monthly | Jan 2005 - May 2026 |
| Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) | 68,616.81 Jun 2018 | monthly | Oct 1989 - Jun 2018 |
| Govt Revenue: Gross: Excise Dept (THB mn) | 47,541.47 Jun 2018 | monthly | Oct 1989 - Jun 2018 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.640 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -5,711.4 May 2026 | monthly | Jan 1957 - May 2026 |
| Total Exports (USD mn) | 34,333.1 May 2026 | monthly | Oct 1990 - May 2026 |
| Total Exports Growth (%) | 6.8 May 2026 | monthly | Oct 1991 - May 2026 |
| Aluminum: Exports (USD th) | 1,786,225.975 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 495,323.903 2025 | yearly | 1995 - 2025 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 208,135.031 2025 | yearly | 1995 - 2025 |
| Total Imports (USD mn) | 40,044.5 May 2026 | monthly | Jan 1991 - May 2026 |
| Total Imports Growth (%) | 30.4 May 2026 | monthly | Jan 1992 - May 2026 |
| Imports: Medicament (USD th) | 1,858,750.702 2025 | yearly | 1995 - 2025 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,763,387.407 2025 | yearly | 1995 - 2025 |
| Total Exports to USA (USD mn) | 8,338.701 May 2026 | monthly | Jan 1971 - May 2026 |
| Total Imports from USA (USD mn) | 2,881.161 May 2026 | monthly | Jan 1971 - May 2026 |
| Total Exports to China (USD mn) | 4,337.629 Apr 2026 | monthly | Sep 1978 - Apr 2026 |
| Total Imports from China (USD mn) | 12,186.782 May 2026 | monthly | Apr 1974 - May 2026 |
| MoC: Exports: Custom Basis (THB mn) | 1,095,139.100 May 2026 | monthly | Oct 1990 - May 2026 |
| MoC: Imports: Custom Basis (THB mn) | 1,293,188.747 May 2026 | monthly | Jan 1991 - May 2026 |
| MoC: Trade Balance: Custom Basis (THB mn) | -198,049.647 May 2026 | monthly | Jan 1991 - May 2026 |
| Imports Volume: Liquefied Natural Gas (Cub ft mn) | 60,818.000 May 2026 | monthly | Jan 2010 - May 2026 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,867.3 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Current Account Balance (USD mn) | -6,431.6 May 2026 | monthly | Jan 1985 - May 2026 |
| Current Account Balance: % of GDP (%) | 0.9 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Foreign Direct Investment (USD mn) | -517.0 Jul 2020 | monthly | Jan 2005 - Jul 2020 |
| Foreign Direct Investment: % of GDP (%) | 1.8 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Foreign Portfolio Investment (USD mn) | 2,365.390 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Foreign Portfolio Investment: % of GDP (%) | 1.5 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 1,713.7 Mar 2026 | quarterly | Mar 1976 - Mar 2026 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 651.720 Mar 2026 | quarterly | Mar 1976 - Mar 2026 |
| External Debt (USD mn) | 209,742.9 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| External Debt: % of GDP (%) | 34.7 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| External Debt: Short Term (USD mn) | 88,716.7 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| External Debt: Short Term: % of GDP (%) | 15.3 2025 | yearly | 1980 - 2025 |
| Forecast: Current Account Balance (USD bn) | 18.022 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | 59,481.940 Mar 2026 | quarterly | Mar 2012 - Mar 2026 |
| Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) | 139.20 Jun 2018 | monthly | Jan 2010 - Jun 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.0 Dec 2019 | quarterly | Mar 1998 - Dec 2019 |
| Household Debt: % of GDP (%) | 85.9 Mar 2026 | quarterly | Mar 2003 - Mar 2026 |
| Non-Performing Loans (USD mn) | 15,551.667 Mar 2026 | quarterly | Mar 1998 - Mar 2026 |
| Money Supply M1 (USD mn) | 113,104.769 May 2026 | monthly | Dec 1975 - May 2026 |
| Money Supply M2 (USD mn) | 863,252.277 May 2026 | monthly | Jan 1997 - May 2026 |
| M2 Growth (%) | 5.2 May 2026 | monthly | Jan 1998 - May 2026 |
| Reserve Requirement Ratio (%) | 1.0 Jun 2026 | monthly | Sep 1997 - Jun 2026 |
| Foreign Exchange Reserves (USD mn) | 242,145.7 Jun 2026 | monthly | Jan 1993 - Jun 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.2 May 2026 | monthly | Jan 1991 - May 2026 |
| Gold Reserves (USD mn) | 30,234.600 Jun 2026 | monthly | Dec 1956 - Jun 2026 |
| Total Deposits (USD mn) | 563,971.200 May 2026 | monthly | Dec 2000 - May 2026 |
| Total Deposits Growth (%) | 3.4 May 2026 | monthly | Dec 2001 - May 2026 |
| Domestic Credit (USD mn) | 874,251.9 May 2026 | monthly | Jan 2003 - May 2026 |
| Domestic Credit Growth (%) | 4.3 May 2026 | monthly | Jan 2004 - May 2026 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 13.500 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Credit to Households (USD bn) | 523.988 Dec 2025 | quarterly | Dec 1991 - Dec 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 934.124 Dec 2025 | quarterly | Mar 1957 - Dec 2025 |
| Household Debt (USD mn) | 502,273.1 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| Total Loans (USD mn) | 564,008.338 May 2026 | monthly | Jan 2003 - May 2026 |
| Total Loans Growth (%) | 0.74 May 2026 | monthly | Jan 2004 - May 2026 |
| Private Debt: % of Nominal GDP (%) | 161.61 Mar 2026 | quarterly | Mar 2011 - Mar 2026 |
| Private Credits (THB mn) | 31,066,788.000 May 2026 | monthly | Jan 2011 - May 2026 |
| Credit: Outs: CB: Individuals (THB mn) | 5,984,326.000 May 2026 | monthly | Jan 2004 - May 2026 |
| Credit: Outs: CB: Businesses (THB mn) | 6,859,537.000 May 2026 | monthly | Jan 2004 - May 2026 |
| Deposit: Outs: CB: Individuals (THB mn) | 9,048,892.000 May 2026 | monthly | Oct 2003 - May 2026 |
| Deposit: Outs: CB: Businesses (THB mn) | 6,054,028.000 May 2026 | monthly | Oct 2003 - May 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 68.112 2019 | yearly | 2017 - 2019 |
| Business Confidence Growth (% Point) | -5.0 Jun 2026 | monthly | Feb 2000 - Jun 2026 |
| Trade and Services Sentiment Index (TSSI): MSME: Present (NA) | 46.000 Apr 2026 | monthly | Jan 2013 - Apr 2026 |
| Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) | 150.37 Jun 2018 | monthly | Jan 1993 - Jun 2018 |
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