Thailand External Debt: Short Term: % of GDP

1980 - 2024 | Yearly | % | CEIC Data

Key information about Thailand External Debt: Short Term: % of GDP

  • Thailand External Debt: Short Term accounted for 16.4 % of the country's Nominal GDP in 2024, compared with the ratio of 15.7 % in the previous year.
  • Thailand External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 1980 to 2024.
  • The data reached an all-time high of 31.2 % in 1995 and a record low of 5.9 % in 1987.

CEIC calculates Short Term External Debt as % of Nominal GDP from annual Short Term External Debt and annual Nominal GDP. The Bank of Thailand provides Short Term External Debt in USD based on BPM6. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency based on SNA 1993. Federal Reserve Board average market exchange rate is used for currency conversions. Short Term External Debt as % of Nominal GDP prior to 2005 is calculated from Short Term External Debt based on BPM5 and Nominal GDP based on SNA 1968.


Related information about Thailand External Debt: Short Term: % of GDP

  • In the latest reports of Thailand, Current Account recorded a deficit of 1.8 USD bn in Oct 2025.
  • Thailand Direct Investment Abroad expanded by 4.5 USD bn in Jun 2025.
  • Its Foreign Portfolio Investment fell by 2.5 USD bn in Jun 2025.
  • Thailand External Debt: Short Term value stood at 84.6 USD bn in Dec 2024.
  • The country's Nominal GDP was reported at 144.8 USD bn in Sep 2025.

View Thailand's External Debt: Short Term: % of GDP from 1980 to 2024 in the chart:

Thailand External Debt: Short Term: % of GDP

What was Thailand's External Debt: Short Term: % of GDP in 2024?

Thailand External Debt: Short Term accounted for 16.4 % of the country's Nominal GDP in 2024, compared with the ratio of 15.7 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
16.4 2024 15.7 2023 5.9 1987 31.2 1995 % yearly 1980 - 2024

External Debt: Short Term: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 3.8 2024 yearly 1991 - 2024
Algeria (%) 0.7 2024 yearly 1977 - 2024
Argentina (%) 13.1 2024 yearly 2003 - 2024
Armenia (%) 14.3 2024 yearly 2000 - 2024
Australia (%) 27.2 2024 yearly 1988 - 2024
Austria (%) 45.4 2024 yearly 1997 - 2024
Azerbaijan (%) 0.8 2023 yearly 1993 - 2023
Bangladesh (%) 3.1 2025 yearly 2012 - 2025
Belarus (%) 14.1 Jun 2025 quarterly Dec 2000 - Jun 2025
Belgium (%) 101.4 2024 yearly 2007 - 2024
Bolivia (%) 0.0 2019 yearly 2000 - 2019
Bosnia and Herzegovina (%) 10.5 2023 yearly 1999 - 2023
Botswana (%) 1.5 2023 yearly 1994 - 2023
Brazil (%) 3.9 2024 yearly 1999 - 2024
Bulgaria (%) 9.6 2024 yearly 1999 - 2024
Canada (%) 55.0 2024 yearly 1990 - 2024
Chile (%) 7.1 2024 yearly 1971 - 2024
China (%) 7.2 2024 yearly 1985 - 2024
Colombia (%) 8.3 2024 yearly 1970 - 2024
Croatia (%) 20.7 2022 yearly 1999 - 2022
Cyprus (%) 171.3 2024 yearly 2008 - 2024
Czech Republic (%) 32.5 2024 yearly 1995 - 2024
Denmark (%) 66.5 2024 yearly 2005 - 2024
Ecuador (%) 0.2 2024 yearly 1970 - 2024
Egypt (%) 6.8 2024 yearly 1990 - 2024
Estonia (%) 29.1 2024 yearly 1996 - 2024
Finland (%) 72.1 2024 yearly 1991 - 2024
France (%) 109.8 2024 yearly 2004 - 2024
Georgia (%) 14.3 2024 yearly 2006 - 2024
Germany (%) 52.5 2024 yearly 2004 - 2024
Greece (%) 76.6 2024 yearly 2003 - 2024
Hong Kong SAR, China (%) 279.6 2024 yearly 2001 - 2024
Hungary (%) 14.0 2024 yearly 1995 - 2024
Iceland (%) 8.3 2024 yearly 1989 - 2024
India (%) 3.5 2025 yearly 1990 - 2025
Indonesia (%) 4.4 2024 yearly 2003 - 2024
Iran (%) 0.5 2025 yearly 1994 - 2025
Ireland (%) 217.6 2024 yearly 2002 - 2024
Israel (%) 9.0 2024 yearly 2000 - 2024
Italy (%) 40.3 2024 yearly 2002 - 2024
Ivory Coast (%) 3.7 2023 yearly 1970 - 2023
Japan (%) 82.4 2024 yearly 2003 - 2024
Jordan (%) 34.3 2024 yearly 2000 - 2024
Kazakhstan (%) 6.7 2024 yearly 1992 - 2024
Kenya (%) 2.6 2023 yearly 1996 - 2023
South Korea (%) 7.8 2024 yearly 1994 - 2024
Kosovo (%) 14.3 2024 yearly 2007 - 2024
Kyrgyzstan (%) 10.6 2024 yearly 2003 - 2024
Latvia (%) 40.4 2024 yearly 2000 - 2024
Lithuania (%) 38.5 2024 yearly 2004 - 2024
Luxembourg (%) 1,131.4 2024 yearly 2002 - 2024
North Macedonia (%) 19.4 2024 yearly 2004 - 2024
Malawi (%) 0.6 2019 yearly 2002 - 2019
Malaysia (%) 29.8 2024 yearly 2009 - 2024
Malta (%) 165.0 2024 yearly 2004 - 2024
Mauritius (%) 76.0 2024 yearly 2009 - 2024
Mexico (%) 3.4 2024 yearly 2002 - 2024
Moldova (%) 13.8 2024 yearly 2000 - 2024
Mongolia (%) 8.6 2024 yearly 1992 - 2024
Montenegro (%) 2.3 2023 yearly 2007 - 2023
Morocco (%) 7.8 2022 yearly 1970 - 2022
Mozambique (%) 4.5 2023 yearly 1984 - 2023
Myanmar (%) 0.1 2023 yearly 2018 - 2023
Netherlands (%) 142.8 2024 yearly 2003 - 2024
New Zealand (%) 33.5 2024 yearly 2000 - 2024
Nigeria (%) 0.2 2020 yearly 2008 - 2020
Norway (%) 55.7 2024 yearly 2012 - 2024
Pakistan (%) 0.8 2025 yearly 2006 - 2025
Palestinian Territory (%) 5.3 2024 yearly 2012 - 2024
Panama (%) 59.9 2021 yearly 1970 - 2021
Paraguay (%) 11.6 2021 yearly 2002 - 2021
Peru (%) 3.2 2024 yearly 1980 - 2024
Philippines (%) 4.5 2024 yearly 2005 - 2024
Poland (%) 9.2 2024 yearly 2004 - 2024
Portugal (%) 59.2 2024 yearly 1996 - 2024
Romania (%) 13.3 2024 yearly 2004 - 2024
Russia (%) 5.4 2024 yearly 2001 - 2024
Serbia (%) 1.2 2024 yearly 2000 - 2024
Singapore (%) 256.0 2024 yearly 2003 - 2024
Slovakia (%) 43.1 2024 yearly 2006 - 2024
Slovenia (%) 31.5 2024 yearly 1995 - 2024
South Africa (%) 9.2 2024 yearly 1994 - 2024
Spain (%) 61.0 2024 yearly 2000 - 2024
Sri Lanka (%) 11.5 2022 yearly 1998 - 2022
Sudan (%) 15.7 2021 yearly 1970 - 2021
Sweden (%) 55.3 2024 yearly 1997 - 2024
Switzerland (%) 118.2 2024 yearly 1999 - 2024
Taiwan (%) 25.0 2024 yearly 1999 - 2024
Tajikistan (%) 5.6 2023 yearly 1993 - 2023
Thailand (%) 16.4 2024 yearly 1980 - 2024
Tunisia (%) 32.9 2024 yearly 2002 - 2024
Turkey (%) 13.3 2024 yearly 1995 - 2024
Ukraine (%) 5.4 2023 yearly 2009 - 2023
United Kingdom (%) 190.7 2024 yearly 1979 - 2024
United States (%) 29.7 2024 yearly 2003 - 2024
Uruguay (%) 10.4 2024 yearly 1999 - 2024
Venezuela (%) 0.2 2017 yearly 1997 - 2017
Vietnam (%) 8.1 2023 yearly 1985 - 2023
Yemen (%) 1.8 2017 yearly 1991 - 2017

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Thailand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2025 quarterly Sep 2002 - Sep 2025
Consolidated Fiscal Balance (USD mn) -14,818.018 Oct 2025 monthly Oct 2001 - Oct 2025
Tax Revenue (USD mn) 68,755.587 2024 yearly 1984 - 2024
Tax Revenue: % of GDP (%) 13.2 2024 yearly 1990 - 2024
National Government Debt (USD mn) 340,585.0 Oct 2025 monthly Oct 1997 - Oct 2025
Government Debt: % of GDP (%) 58.3 Sep 2025 quarterly Dec 1997 - Sep 2025
Forecast: Government Expenditure (THB bn) 5,245.892 2030 yearly 1995 - 2030
Forecast: Government Net Debt (THB bn) 15,433.076 2030 yearly 1996 - 2030
Forecast: Government Revenue (THB bn) 4,709.205 2030 yearly 1995 - 2030
Total Public Debt as % of GDP (%) 65.240 Oct 2025 monthly Jan 2005 - Oct 2025
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) -3,436.9 Oct 2025 monthly Jan 1957 - Oct 2025
Total Exports (USD mn) 28,835.6 Oct 2025 monthly Oct 1990 - Oct 2025
Total Exports Growth (%) 1.3 Oct 2025 monthly Oct 1991 - Oct 2025
Aluminum: Exports (USD th) 1,786,225.975 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 538,858.502 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 138,487.036 2024 yearly 1995 - 2024
Total Imports (USD mn) 32,272.5 Oct 2025 monthly Jan 1991 - Oct 2025
Total Imports Growth (%) 11.4 Oct 2025 monthly Jan 1992 - Oct 2025
Imports: Medicament (USD th) 2,168,687.079 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,222,461.547 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 6,665.451 Oct 2025 monthly Jan 1971 - Oct 2025
Total Imports from USA (USD mn) 1,775.644 Oct 2025 monthly Jan 1971 - Oct 2025
Total Exports to China (USD mn) 3,113.666 Oct 2025 monthly Sep 1978 - Oct 2025
Total Imports from China (USD mn) 9,797.102 Oct 2025 monthly Apr 1974 - Oct 2025
MoC: Exports: Custom Basis (THB mn) 862,366.563 Jan 2025 monthly Oct 1990 - Jan 2025
MoC: Trade Balance: Custom Basis (THB mn) -75,745.450 Jan 2025 monthly Jan 1991 - Jan 2025
MoC: Imports: Custom Basis (THB mn) 938,112.013 Jan 2025 monthly Jan 1991 - Jan 2025
Imports Volume: Liquefied Natural Gas (Cub ft mn) 36,790.499 Dec 2024 monthly Jan 2010 - Dec 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,453.6 Jun 2025 quarterly Mar 2005 - Jun 2025
Current Account Balance (USD mn) -1,784.8 Oct 2025 monthly Jan 1985 - Oct 2025
Current Account Balance: % of GDP (%) 1.9 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 4.9 Jun 2025 quarterly Mar 1993 - Jun 2025
Foreign Portfolio Investment (USD mn) -2,528.950 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) -1.8 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 552.9 Jun 2025 quarterly Mar 1976 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -3,081.890 Jun 2025 quarterly Mar 1976 - Jun 2025
External Debt (USD mn) 201,188.5 Jun 2025 quarterly Mar 1999 - Jun 2025
External Debt: % of GDP (%) 35.5 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term (USD mn) 84,636.8 Jun 2025 quarterly Mar 1999 - Jun 2025
External Debt: Short Term: % of GDP (%) 16.4 2024 yearly 1980 - 2024
Forecast: Current Account Balance (USD bn) 11.357 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 109,479.150 Jun 2025 quarterly Mar 2012 - Jun 2025
BOP: USD: Current Account Balance (USD mn) -1,784.760 Oct 2025 monthly Jan 2005 - Oct 2025
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 (%) 86.8 Jun 2025 quarterly Mar 2003 - Jun 2025
Non-Performing Loans (USD mn) 15,892.732 Sep 2025 quarterly Mar 1998 - Sep 2025
Money Supply M1 (USD mn) 104,141.571 Oct 2025 monthly Dec 1975 - Oct 2025
Money Supply M2 (USD mn) 834,540.860 Oct 2025 monthly Jan 1997 - Oct 2025
M2 Growth (%) 3.0 Oct 2025 monthly Jan 1998 - Oct 2025
Reserve Requirement Ratio (%) 1.0 Nov 2025 monthly Sep 1997 - Nov 2025
Foreign Exchange Reserves (USD mn) 235,029.1 Oct 2025 monthly Jan 1993 - Oct 2025
Foreign Exchange Reserves: Months of Import (NA) 7.3 Oct 2025 monthly Jan 1991 - Oct 2025
Gold Reserves (USD mn) 30,186.720 Oct 2025 monthly Dec 1956 - Oct 2025
Total Deposits (USD mn) 542,056.421 Sep 2025 monthly Dec 2000 - Sep 2025
Total Deposits Growth (%) 2.0 Sep 2025 monthly Dec 2001 - Sep 2025
Domestic Credit (USD mn) 849,242.6 Oct 2025 monthly Jan 2003 - Oct 2025
Domestic Credit Growth (%) 2.3 Oct 2025 monthly Jan 2004 - Oct 2025
Debt Service Ratio: Private Non-Financial Sector (%) 15.100 Mar 2025 quarterly Mar 1999 - Mar 2025
Credit to Households (USD bn) 486.332 Mar 2025 quarterly Dec 1991 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 936.679 Mar 2025 quarterly Mar 1957 - Mar 2025
Household Debt (USD mn) 502,273.1 Jun 2025 quarterly Mar 2003 - Jun 2025
Total Loans (USD mn) 549,836.344 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans Growth (%) -1.99 Oct 2025 monthly Jan 2004 - Oct 2025
Private Debt: % of Nominal GDP (%) 162.66 Sep 2025 quarterly Mar 2011 - Sep 2025
Private Credits (THB mn) 30,554,405.000 Oct 2025 monthly Jan 2011 - Oct 2025
Credit: Outs: CB: Individuals (THB mn) 6,181,675.000 Jan 2025 monthly Jan 2004 - Jan 2025
Credit: Outs: CB: Businesses (THB mn) 6,918,435.000 Jan 2025 monthly Jan 2004 - Jan 2025
Deposit: Outs: CB: Individuals (THB mn) 9,063,917.000 Jan 2025 monthly Oct 2003 - Jan 2025
Deposit: Outs: CB: Businesses (THB mn) 5,531,867.000 Jan 2025 monthly Oct 2003 - Jan 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 1.4 Nov 2025 monthly Feb 2000 - Nov 2025
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018
Trade and Services Sentiment Index (TSSI): MSME: Present (NA) 53.100 Jan 2025 monthly Jan 2013 - Jan 2025

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