Thailand External Debt: % of GDP

2005 - 2020 | Quarterly | % | Bank of Thailand

Key information about Thailand`s External Debt: % of GDP

  • Thailand External Debt accounted for 36.7 % of the country's Nominal GDP in 2020, compared with the ratio of 33.4 % in the previous quarter.
  • Thailand External Debt: % of Nominal GDP data is updated quarterly, available from Mar 2005 to Dec 2020.
  • The data reached an all-time high of 37.4 % in Mar 2005 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`s External Debt: % of GDP

  • In the latest reports of Thailand, Current Account recorded a deficit of 1.3 USD bn in Sep 2021.
  • Thailand Direct Investment Abroad expanded by 2.8 USD bn in Jun 2021.
  • Its Foreign Portfolio Investment increased by 647.5 USD mn in Jun 2021.
  • The country's External Debt reached 187,783.4 in Jun 2021.
  • The country's Nominal GDP was reported at 130.9 USD bn in Dec 2020.

View Thailand's External Debt: % of GDP from Mar 2005 to Dec 2020 in the chart:

Thailand External Debt: % of GDP

What was Thailand's External Debt: % of GDP in Dec 2020?

Thailand External Debt accounted for 36.7 % of the country's Nominal GDP in 2020, compared with the ratio of 33.4 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
36.7 Dec 2020 33.4 Sep 2020 26.4 Jun 2009 37.4 Mar 2005 % quarterly Mar 2005 - Dec 2020

External Debt: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) 65.6 2020 yearly 1991 - 2020
Algeria (%) 2.2 2019 yearly 1970 - 2019
Argentina (%) 70.7 2020 yearly 1994 - 2020
Armenia (%) 102.3 2020 yearly 2000 - 2020
Australia (%) 129.1 2020 yearly 1988 - 2020
Austria (%) 164.9 2020 yearly 1997 - 2020
Azerbaijan (%) 20.7 Dec 2020 quarterly Dec 2001 - Dec 2020
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 70.2 Dec 2020 quarterly Dec 2000 - Dec 2020
Belgium (%) 261.0 2020 yearly 2007 - 2020
Bolivia (%) 38.8 2020 yearly 2006 - 2020
Bosnia and Herzegovina (%) 25.5 2020 yearly 1999 - 2020
Botswana (%) 8.6 2020 yearly 1995 - 2020
Brazil (%) 38.4 2020 yearly 1992 - 2020
Bulgaria (%) 64.6 2020 yearly 1999 - 2020
Cambodia (%) 69.9 2020 yearly 2010 - 2020
Canada (%) 142.8 2020 yearly 1990 - 2020
Chile (%) 82.4 2020 yearly 1971 - 2020
China (%) 16.3 2020 yearly 1985 - 2020
Colombia (%) 56.7 2020 yearly 1970 - 2020
Croatia (%) 87.9 2020 yearly 1998 - 2020
Cyprus (%) 908.4 2020 yearly 2004 - 2020
Czech Republic (%) 75.5 2020 yearly 1995 - 2020
Denmark (%) 157.0 2020 yearly 2005 - 2020
Ecuador (%) 57.4 2020 yearly 1970 - 2020
Egypt (%) 33.9 Sep 2020 quarterly Jun 1999 - Sep 2020
Estonia (%) 91.1 2020 yearly 1996 - 2020
European Union (%) 130.3 2020 yearly 2008 - 2020
Finland (%) 225.1 2020 yearly 1991 - 2020
France (%) 261.7 2020 yearly 2004 - 2020
Georgia (%) 129.8 2020 yearly 1999 - 2020
Germany (%) 163.3 2020 yearly 1999 - 2020
Ghana (%) 34.2 2020 yearly 1999 - 2020
Greece (%) 299.1 2020 yearly 2003 - 2020
Hong Kong SAR, China (%) 514.2 2020 yearly 2001 - 2020
Hungary (%) 155.9 2020 yearly 2006 - 2020
Iceland (%) 83.5 2020 yearly 1989 - 2020
India (%) 21.1 2021 yearly 1970 - 2021
Indonesia (%) 39.4 2020 yearly 2003 - 2020
Iran (%) 1.1 2021 yearly 1994 - 2021
Ireland (%) 701.2 2020 yearly 2002 - 2020
Israel (%) 32.9 2020 yearly 1998 - 2020
Italy (%) 140.2 2020 yearly 2002 - 2020
Ivory Coast (%) 24.0 2018 yearly 1994 - 2018
Japan (%) 92.8 2020 yearly 2003 - 2020
Jordan (%) 82.1 2020 yearly 1970 - 2020
Kazakhstan (%) 96.5 Dec 2020 quarterly Mar 2002 - Dec 2020
Kenya (%) 33.1 2019 yearly 2015 - 2019
South Korea (%) 33.3 2020 yearly 1994 - 2020
Kosovo (%) 37.2 2020 yearly 2007 - 2020
Kuwait (%) 50.5 2020 yearly 2014 - 2020
Kyrgyzstan (%) 112.9 2020 yearly 2003 - 2020
Laos (%) 52.6 2019 yearly 1996 - 2019
Latvia (%) 124.2 Dec 2020 quarterly Mar 2000 - Dec 2020
Lebanon (%) 62.8 2019 yearly 2007 - 2019
Lithuania (%) 75.7 2020 yearly 1996 - 2020
Luxembourg (%) 5,166.8 2020 yearly 2002 - 2020
North Macedonia (%) 80.2 2020 yearly 2004 - 2020
Malawi (%) 39.4 2014 yearly 2006 - 2014
Malaysia (%) 67.6 2020 yearly 2009 - 2020
Malta (%) 678.6 2020 yearly 2004 - 2020
Mauritius (%) 2,062.5 2020 yearly 2009 - 2020
Mexico (%) 42.8 2020 yearly 2002 - 2020
Moldova (%) 70.1 2020 yearly 2000 - 2020
Mongolia (%) 243.1 2020 yearly 1992 - 2020
Montenegro (%) 203.8 2020 yearly 2006 - 2020
Morocco (%) 53.5 2020 yearly 1970 - 2020
Mozambique (%) 71.8 2017 yearly 1985 - 2017
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 443.8 2020 yearly 2003 - 2020
New Zealand (%) 90.3 2020 yearly 1993 - 2020
Nigeria (%) 7.8 2020 yearly 1985 - 2020
Norway (%) 180.3 2020 yearly 2003 - 2020
Pakistan (%) 41.0 2021 yearly 2000 - 2021
Palestinian Territory (%) 35.4 2018 yearly 2012 - 2018
Panama (%) 201.9 2020 yearly 2014 - 2020
Paraguay (%) 53.8 2020 yearly 2000 - 2020
Peru (%) 43.3 2020 yearly 1980 - 2020
Philippines (%) 27.2 2020 yearly 1990 - 2020
Poland (%) 60.6 2020 yearly 1995 - 2020
Portugal (%) 205.2 2020 yearly 1996 - 2020
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 58.1 2020 yearly 1995 - 2020
Russia (%) 31.5 2020 yearly 1993 - 2020
Serbia (%) 61.5 2020 yearly 2000 - 2020
Singapore (%) 471.3 2020 yearly 2003 - 2020
Slovakia (%) 120.5 2020 yearly 1995 - 2020
Slovenia (%) 101.9 2020 yearly 2001 - 2020
South Africa (%) 50.8 2020 yearly 1985 - 2020
Spain (%) 198.8 2020 yearly 1995 - 2020
Sri Lanka (%) 61.1 2020 yearly 1994 - 2020
Sudan (%) 120.5 2019 yearly 2001 - 2019
Sweden (%) 164.2 2020 yearly 1997 - 2020
Switzerland (%) 283.3 2020 yearly 1999 - 2020
Taiwan (%) 28.4 2020 yearly 1999 - 2020
Tajikistan (%) 37.5 2020 yearly 2000 - 2020
Thailand (%) 36.7 Dec 2020 quarterly Mar 2005 - Dec 2020
Tunisia (%) 100.9 2020 yearly 2002 - 2020
Turkey (%) 60.4 2020 yearly 1989 - 2020
Ukraine (%) 80.8 2020 yearly 1993 - 2020

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Thailand Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.0 Dec 2020 quarterly Sep 2002 - Dec 2020
Consolidated Fiscal Balance (USD mn) -5,353.185 Mar 2021 monthly Oct 2001 - Mar 2021
Tax Revenue (USD mn) 67,496.915 2020 yearly 1984 - 2020
Tax Revenue: % of GDP (%) 13.4 2020 yearly 1990 - 2020
National Government Debt (USD mn) 243,794.9 Sep 2021 monthly Oct 1997 - Sep 2021
Government Debt: % of GDP (%) 44.9 Dec 2020 quarterly Dec 1997 - Dec 2020
Forecast: Government Expenditure (THB bn) 4,976.160 2026 yearly 1995 - 2026
Forecast: Government Net Debt (THB bn) 12,407.260 2026 yearly 1996 - 2026
Forecast: Government Revenue (THB bn) 4,240.380 2026 yearly 1995 - 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
Total Public Debt as % of GDP (%) 57.980 Sep 2021 monthly Jan 2005 - Sep 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.929 2026 yearly 1980 - 2026
Trade Balance (USD mn) -370.2 Oct 2021 monthly Jan 1957 - Oct 2021
Total Exports (USD mn) 24,222.5 Mar 2021 monthly Oct 1990 - Mar 2021
Total Exports Growth (%) 24.4 Sep 2021 monthly Oct 1991 - Sep 2021
Aluminum: Exports (USD th) 906,263.336 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 473,140.446 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 158,255.608 2020 yearly 1995 - 2020
Total Imports (USD mn) 21,246.8 Apr 2021 monthly Jan 1991 - Apr 2021
Total Imports Growth (%) 38.3 Sep 2021 monthly Jan 1992 - Sep 2021
Imports: Medicament (USD th) 1,827,086.391 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 993,571.482 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 2,972.109 Dec 2020 monthly Jan 1971 - Dec 2020
Total Imports from USA (USD mn) 1,381.095 Mar 2021 monthly Jan 1971 - Mar 2021
Total Exports to China (USD mn) 3,251.772 Apr 2021 monthly Sep 1978 - Apr 2021
Total Imports from China (USD mn) 5,411.602 Apr 2021 monthly Apr 1974 - Apr 2021
MoC: Exports: Custom Basis (THB mn) 760,556.260 Sep 2021 monthly Oct 1990 - Sep 2021
MoC: Imports: Custom Basis (THB mn) 765,248.800 Aug 2021 monthly Jan 1991 - Aug 2021
MoC: Trade Balance: Custom Basis (THB mn) 10,289.264 Sep 2021 monthly Jan 1991 - Sep 2021
Exports: Mfg: Electronics: Computer Parts (THB mn) 54,217.900 Sep 2021 monthly Jan 1995 - Sep 2021
Exports: Mfg: Machinery & Equipment (THB mn) 67,252.320 Sep 2021 monthly Jan 1995 - Sep 2021
Exports: Mfg: Automotive (THB mn) 106,636.820 Sep 2021 monthly Jan 1995 - Sep 2021
Exports: Agriculture: Rice (THB mn) 12,187.670 Oct 2021 monthly Jan 1995 - Oct 2021
Exports: Agriculture: Rubber (THB mn) 15,137.950 Sep 2021 monthly Jan 1995 - Sep 2021
Imports: Others: Non-Monetary Gold (THB mn) 13,464.670 Oct 2021 monthly Jan 1995 - Oct 2021
Imports: RM: Non-Agro: Electronic Parts (THB mn) 108,819.570 Oct 2021 monthly Jan 1995 - Oct 2021
Imports: RM: Non-Agro: Base Metal Materials (THB mn) 79,583.400 Oct 2021 monthly Jan 1995 - Oct 2021
Imports: Capital Goods: Machinery and Equipment (ME) (THB mn) 142,375.910 Oct 2021 monthly Jan 1995 - Oct 2021
Imports: Consumer Goods: ND: Animal and Fishery (THB mn) 10,983.930 Oct 2021 monthly Jan 1995 - Oct 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,848.7 Jun 2021 quarterly Mar 2005 - Jun 2021
Current Account Balance (USD mn) -1,345.6 Sep 2021 monthly Jan 1985 - Sep 2021
Current Account Balance: % of GDP (%) -3.6 Sep 2021 quarterly Mar 1993 - Sep 2021
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) -5.3 Dec 2020 quarterly Mar 1993 - Dec 2020
Foreign Portfolio Investment (USD mn) 647.480 Jun 2021 quarterly Mar 2005 - Jun 2021
Foreign Portfolio Investment: % of GDP (%) 1.3 Dec 2020 quarterly Mar 2005 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 1,098.6 Dec 2020 quarterly Mar 1976 - Dec 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 694.430 Dec 2020 quarterly Mar 1976 - Dec 2020
External Debt (USD mn) 187,783.4 Jun 2021 quarterly Mar 1999 - Jun 2021
External Debt: % of GDP (%) 36.7 Dec 2020 quarterly Mar 2005 - Dec 2020
External Debt: Short Term (USD mn) 72,161.8 Mar 2021 quarterly Mar 1999 - Mar 2021
External Debt: Short Term: % of GDP (%) 14.9 2020 yearly 1980 - 2020
Forecast: Current Account Balance (USD bn) 21.921 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 54,978.590 Dec 2020 quarterly Mar 2012 - Dec 2020
BOP: USD: Current Account Balance (USD mn) -1,345.610 Sep 2021 monthly Jan 2005 - Sep 2021
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) 56.240 Jun 2021 quarterly Mar 2005 - Jun 2021
FDI: Construction (THB mn) 377.910 Jun 2021 quarterly Mar 2005 - Jun 2021
FDI: Financial & Insurance Activities (THB mn) 3,451.530 Jun 2021 quarterly Mar 2005 - Jun 2021
FDI: Manufacturing (THB mn) 12,117.400 Jun 2021 quarterly Mar 2005 - Jun 2021
FDI: Mining & Quarrying (THB mn) -2,576.620 Jun 2021 quarterly Mar 2005 - Jun 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 89.3 Dec 2020 quarterly Mar 2003 - Dec 2020
Non-Performing Loans (USD mn) 17,188.416 Mar 2021 quarterly Mar 1998 - Mar 2021
Money Supply M1 (USD mn) 81,526.538 Sep 2021 monthly Dec 1975 - Sep 2021
Money Supply M2 (USD mn) 699,066.776 Sep 2021 monthly Jan 1997 - Sep 2021
M2 Growth (%) 4.9 Sep 2021 monthly Jan 1998 - Sep 2021
Reserve Requirement Ratio (%) 1.0 Oct 2021 monthly Sep 1997 - Oct 2021
Foreign Exchange Reserves (USD mn) 234,430.1 Mar 2021 monthly Jan 1993 - Mar 2021
Foreign Exchange Reserves: Months of Import (NA) 9.7 Oct 2021 monthly Jan 1991 - Oct 2021
Gold Reserves (USD mn) 13,996.770 Oct 2021 monthly Dec 1956 - Oct 2021
Total Deposits (USD mn) 479,416.553 Sep 2021 monthly Dec 2000 - Sep 2021
Total Deposits Growth (%) 9.7 Feb 2021 monthly Dec 2001 - Feb 2021
Domestic Credit (USD mn) 701,948.2 Sep 2021 monthly Jan 2003 - Sep 2021
Domestic Credit Growth (%) 8.9 Sep 2021 monthly Jan 2004 - Sep 2021
Debt Service Ratio: Private Non-Financial Sector (%) 10.700 Mar 2021 quarterly Mar 1999 - Mar 2021
Credit to Households (USD bn) 392.649 Mar 2021 quarterly Dec 1991 - Mar 2021
Credit to Private Non-Financial Sector (USD bn) 664.828 Mar 2021 quarterly Mar 1957 - Mar 2021
Household Debt (USD mn) 445,183.7 Jun 2021 quarterly Mar 2003 - Jun 2021
Total Loans (USD mn) 538,167.269 Feb 2021 monthly Jan 2007 - Feb 2021
Total Loans Growth (%) 3.76 Apr 2021 monthly Jan 2008 - Apr 2021
Private Debt: % of Nominal GDP (%) 167.03 Dec 2020 quarterly Mar 2011 - Dec 2020
MA: Quasi Money (THB mn) 20,914,660.000 Oct 2021 monthly Jan 1997 - Oct 2021
Monetary Aggregates (MA): Broad Money (THB mn) 23,711,715.000 Oct 2021 monthly Jan 1997 - Oct 2021
MA: Narrow Money (NM) (THB mn) 2,797,055.000 Oct 2021 monthly Jan 1997 - Oct 2021
Credit: Outs: CB: Businesses (THB mn) 6,699,598.000 Sep 2021 monthly Jan 2004 - Sep 2021
Credit: Outs: CB: Individuals (THB mn) 6,164,298.000 Sep 2021 monthly Jan 2004 - Sep 2021
Deposit: Outs: CB: Businesses (THB mn) 4,770,539.000 Sep 2021 monthly Oct 2003 - Sep 2021
Deposit: Outs: CB: Individuals (THB mn) 8,504,962.000 Sep 2021 monthly Oct 2003 - Sep 2021
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 15.0 Mar 2021 monthly Feb 2000 - Mar 2021
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

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