Thailand External Debt: Short Term: % of GDP
1980 - 2023 | Yearly | % | CEIC Data
Key information about Thailand External Debt: Short Term: % of GDP
- Thailand External Debt: Short Term accounted for 15.7 % of the country's Nominal GDP in 2023, compared with the ratio of 16.4 % in the previous year.
- Thailand External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 1980 to 2023.
- 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 surplus of 2.9 USD bn in Dec 2024.
- Thailand Direct Investment Abroad expanded by 2.3 USD bn in Sep 2024.
- Its Foreign Portfolio Investment increased by 2.8 USD bn in Sep 2024.
- Thailand External Debt: Short Term value stood at 87.5 USD bn in Dec 2023.
- The country's Nominal GDP was reported at 132.0 USD bn in Mar 2023.
View Thailand's External Debt: Short Term: % of GDP from 1980 to 2023 in the chart:
What was Thailand's External Debt: Short Term: % of GDP in 2023?
Thailand External Debt: Short Term accounted for 15.7 % of the country's Nominal GDP in 2023, compared with the ratio of 16.4 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 15.7 2023 | 16.4 2022 | 5.9 1987 | 31.2 1995 | % | yearly | 1980 - 2023 |
External Debt: Short Term: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.0 2023 | yearly | 1991 - 2023 |
| Algeria (%) | 0.8 2023 | yearly | 1977 - 2023 |
| Argentina (%) | 16.5 2023 | yearly | 2003 - 2023 |
| Armenia (%) | 12.9 2023 | yearly | 2000 - 2023 |
| Australia (%) | 27.1 2024 | yearly | 1988 - 2024 |
| Austria (%) | 48.2 2023 | yearly | 1997 - 2023 |
| Azerbaijan (%) | 0.6 2022 | yearly | 1993 - 2022 |
| Bangladesh (%) | 3.2 2024 | yearly | 2012 - 2024 |
| Belarus (%) | 13.8 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Belgium (%) | 91.9 2023 | yearly | 2007 - 2023 |
| Bolivia (%) | 0.0 2019 | yearly | 2000 - 2019 |
| Bosnia and Herzegovina (%) | 10.5 2023 | yearly | 1999 - 2023 |
| Botswana (%) | 1.5 2023 | yearly | 1994 - 2023 |
| Brazil (%) | 3.8 2024 | yearly | 1999 - 2024 |
| Bulgaria (%) | 9.1 2024 | yearly | 1999 - 2024 |
| Canada (%) | 55.6 2024 | yearly | 1990 - 2024 |
| Chile (%) | 7.3 2023 | yearly | 1971 - 2023 |
| China (%) | 7.5 2023 | yearly | 1985 - 2023 |
| Colombia (%) | 7.8 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 20.4 2022 | yearly | 1999 - 2022 |
| Cyprus (%) | 197.5 2023 | yearly | 2008 - 2023 |
| Czech Republic (%) | 31.5 2023 | yearly | 1995 - 2023 |
| Denmark (%) | 58.5 2023 | yearly | 2005 - 2023 |
| Ecuador (%) | 1.5 2023 | yearly | 1970 - 2023 |
| Egypt (%) | 6.8 2024 | yearly | 1990 - 2024 |
| Estonia (%) | 26.2 2023 | yearly | 1996 - 2023 |
| Finland (%) | 57.9 2024 | yearly | 1991 - 2024 |
| France (%) | 109.7 2023 | yearly | 2004 - 2023 |
| Georgia (%) | 13.7 2023 | yearly | 2006 - 2023 |
| Germany (%) | 55.6 2023 | yearly | 2004 - 2023 |
| Greece (%) | 79.9 2023 | yearly | 2003 - 2023 |
| Hong Kong SAR, China (%) | 298.8 2023 | yearly | 2001 - 2023 |
| Hungary (%) | 14.4 2023 | yearly | 1995 - 2023 |
| Iceland (%) | 8.1 2024 | yearly | 1989 - 2024 |
| India (%) | 3.5 2024 | yearly | 1990 - 2024 |
| Indonesia (%) | 4.6 2024 | yearly | 2003 - 2024 |
| Iran (%) | 0.1 2023 | yearly | 1994 - 2023 |
| Ireland (%) | 230.9 2024 | yearly | 2002 - 2024 |
| Israel (%) | 9.1 2023 | yearly | 2000 - 2023 |
| Italy (%) | 59.6 2022 | yearly | 2002 - 2022 |
| Ivory Coast (%) | 2.4 2022 | yearly | 1970 - 2022 |
| Japan (%) | 81.2 2024 | yearly | 2003 - 2024 |
| Jordan (%) | 33.4 2023 | yearly | 2000 - 2023 |
| Kazakhstan (%) | 7.4 2023 | yearly | 1992 - 2023 |
| Kenya (%) | 2.6 2023 | yearly | 1996 - 2023 |
| South Korea (%) | 7.9 2024 | yearly | 1994 - 2024 |
| Kosovo (%) | 13.5 2023 | yearly | 2007 - 2023 |
| Kyrgyzstan (%) | 7.4 2023 | yearly | 2003 - 2023 |
| Latvia (%) | 40.9 2024 | yearly | 2000 - 2024 |
| Lithuania (%) | 33.7 2023 | yearly | 2004 - 2023 |
| Luxembourg (%) | 1,154.1 2023 | yearly | 2002 - 2023 |
| North Macedonia (%) | 23.6 2022 | yearly | 2004 - 2022 |
| Malawi (%) | 0.6 2019 | yearly | 2002 - 2019 |
| Malaysia (%) | 29.8 2024 | yearly | 2009 - 2024 |
| Malta (%) | 163.8 2023 | yearly | 2004 - 2023 |
| Mauritius (%) | 65.2 2023 | yearly | 2009 - 2023 |
| Mexico (%) | 3.3 2023 | yearly | 2002 - 2023 |
| Moldova (%) | 16.2 2023 | yearly | 2000 - 2023 |
| Mongolia (%) | 9.9 2024 | yearly | 1992 - 2024 |
| Montenegro (%) | 3.2 2022 | yearly | 2007 - 2022 |
| Morocco (%) | 7.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 4.2 2022 | yearly | 1984 - 2022 |
| Myanmar (%) | 0.1 2020 | yearly | 2018 - 2020 |
| Netherlands (%) | 148.5 2023 | yearly | 2003 - 2023 |
| New Zealand (%) | 29.3 2023 | yearly | 2000 - 2023 |
| Nigeria (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Norway (%) | 46.6 2022 | yearly | 2012 - 2022 |
| Pakistan (%) | 0.9 2024 | yearly | 2006 - 2024 |
| Palestinian Territory (%) | 3.6 2023 | yearly | 2012 - 2023 |
| Panama (%) | 59.0 2021 | yearly | 1970 - 2021 |
| Paraguay (%) | 11.6 2021 | yearly | 2002 - 2021 |
| Peru (%) | 3.2 2024 | yearly | 1980 - 2024 |
| Philippines (%) | 3.9 2023 | yearly | 2005 - 2023 |
| Poland (%) | 8.6 2023 | yearly | 2004 - 2023 |
| Portugal (%) | 60.8 2023 | yearly | 1996 - 2023 |
| Romania (%) | 13.8 2024 | yearly | 2004 - 2024 |
| Russia (%) | 4.4 2023 | yearly | 2001 - 2023 |
| Serbia (%) | 1.0 2023 | yearly | 2000 - 2023 |
| Singapore (%) | 254.2 2023 | yearly | 2003 - 2023 |
| Slovakia (%) | 42.9 2023 | yearly | 2006 - 2023 |
| Slovenia (%) | 31.7 2024 | yearly | 1995 - 2024 |
| South Africa (%) | 8.4 2023 | yearly | 1994 - 2023 |
| Spain (%) | 64.4 2023 | yearly | 2000 - 2023 |
| Sri Lanka (%) | 11.5 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 15.7 2021 | yearly | 1970 - 2021 |
| Sweden (%) | 54.9 2024 | yearly | 1997 - 2024 |
| Switzerland (%) | 115.7 2023 | yearly | 1999 - 2023 |
| Taiwan (%) | 25.2 2024 | yearly | 1999 - 2024 |
| Tajikistan (%) | 6.8 2022 | yearly | 1993 - 2022 |
| Thailand (%) | 15.7 2023 | yearly | 1980 - 2023 |
| Tunisia (%) | 32.0 2023 | yearly | 2002 - 2023 |
| Turkey (%) | 15.9 2023 | yearly | 1989 - 2023 |
| Ukraine (%) | 5.4 2023 | yearly | 2009 - 2023 |
| United Kingdom (%) | 196.0 2023 | yearly | 1979 - 2023 |
| United States (%) | 29.6 2023 | yearly | 2003 - 2023 |
| Uruguay (%) | 10.4 2023 | yearly | 1999 - 2023 |
| Venezuela (%) | 0.2 2017 | yearly | 1997 - 2017 |
| Vietnam (%) | 8.2 2023 | yearly | 1985 - 2023 |
| Yemen (%) | 1.8 2017 | yearly | 1991 - 2017 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.7 Dec 2024 | quarterly | Sep 2002 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | -1,579.976 Jan 2025 | monthly | Oct 2001 - Jan 2025 |
| Tax Revenue (USD mn) | 67,624.756 2023 | yearly | 1984 - 2023 |
| Tax Revenue: % of GDP (%) | 13.2 2023 | yearly | 1990 - 2023 |
| National Government Debt (USD mn) | 316,226.8 Jan 2025 | monthly | Oct 1997 - Jan 2025 |
| Government Debt: % of GDP (%) | 56.6 Dec 2024 | quarterly | Dec 1997 - Dec 2024 |
| Forecast: Government Expenditure (THB bn) | 5,366.801 2029 | yearly | 1995 - 2029 |
| Forecast: Government Net Debt (THB bn) | 14,934.651 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (THB bn) | 4,743.913 2029 | yearly | 1995 - 2029 |
| 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 (%) | 64.130 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.640 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,880.2 Jan 2025 | monthly | Jan 1957 - Jan 2025 |
| Total Exports (USD mn) | 25,277.0 Jan 2025 | monthly | Oct 1990 - Jan 2025 |
| Total Exports Growth (%) | 11.8 Jan 2025 | monthly | Oct 1991 - Jan 2025 |
| Aluminum: Exports (USD th) | 1,474,770.435 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 425,949.614 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 187,991.703 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 27,157.2 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| Total Imports Growth (%) | 6.3 Jan 2025 | monthly | Jan 1992 - Jan 2025 |
| Imports: Medicament (USD th) | 1,944,018.232 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,208,010.738 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 4,777.942 Jan 2025 | monthly | Jan 1971 - Jan 2025 |
| Total Imports from USA (USD mn) | 1,745.124 Jan 2025 | monthly | Jan 1971 - Jan 2025 |
| Total Exports to China (USD mn) | 2,531.405 Jan 2025 | monthly | Sep 1978 - Jan 2025 |
| Total Imports from China (USD mn) | 8,223.661 Jan 2025 | monthly | Apr 1974 - Jan 2025 |
| MoC: Exports: Custom Basis (THB mn) | 862,366.563 Jan 2025 | monthly | Oct 1990 - Jan 2025 |
| MoC: Imports: Custom Basis (THB mn) | 938,112.013 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| MoC: Trade Balance: Custom Basis (THB mn) | -75,745.450 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) | 2,287.7 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Current Account Balance (USD mn) | 2,656.8 Jan 2025 | monthly | Jan 1985 - Jan 2025 |
| Current Account Balance: % of GDP (%) | 4.0 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Foreign Direct Investment (USD mn) | -517.0 Jul 2020 | monthly | Jan 2005 - Jul 2020 |
| Foreign Direct Investment: % of GDP (%) | 1.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Portfolio Investment (USD mn) | 2,765.600 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 2.1 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 1,315.3 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 1,450.320 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| External Debt (USD mn) | 200,924.7 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| External Debt: % of GDP (%) | 38.0 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| External Debt: Short Term (USD mn) | 87,533.6 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| External Debt: Short Term: % of GDP (%) | 15.7 2023 | yearly | 1980 - 2023 |
| Forecast: Current Account Balance (USD bn) | 18.156 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | 42,929.370 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| BOP: USD: Current Account Balance (USD mn) | 2,656.850 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) | 139.20 Jun 2018 | monthly | Jan 2010 - Jun 2018 |
| FDI: Manufacturing (THB mn) | 19,572.550 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| FDI: Financial & Insurance Activities (THB mn) | -3,517.230 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) | -17.370 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| FDI: Construction (THB mn) | 1,520.740 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| FDI: Mining & Quarrying (THB mn) | 53.250 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.0 Dec 2019 | quarterly | Mar 1998 - Dec 2019 |
| Household Debt: % of GDP (%) | 88.8 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Non-Performing Loans (USD mn) | 14,453.992 Dec 2024 | quarterly | Mar 1998 - Dec 2024 |
| Money Supply M1 (USD mn) | 96,163.304 Jan 2025 | monthly | Dec 1975 - Jan 2025 |
| Money Supply M2 (USD mn) | 788,311.637 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| M2 Growth (%) | 3.6 Jan 2025 | monthly | Jan 1998 - Jan 2025 |
| Reserve Requirement Ratio (%) | 1.0 Feb 2025 | monthly | Sep 1997 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 216,711.1 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.9 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| Gold Reserves (USD mn) | 21,558.150 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
| Total Deposits (USD mn) | 525,871.042 Jan 2025 | monthly | Dec 2000 - Jan 2025 |
| Total Deposits Growth (%) | 2.2 Jan 2025 | monthly | Dec 2001 - Jan 2025 |
| Domestic Credit (USD mn) | 802,561.5 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Domestic Credit Growth (%) | 2.2 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 15.300 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Credit to Households (USD bn) | 511.678 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 982.668 Sep 2024 | quarterly | Mar 1957 - Sep 2024 |
| Household Debt (USD mn) | 436,311.8 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
| Total Loans (USD mn) | 512,098.834 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Total Loans Growth (%) | -0.33 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 166.09 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Monetary Aggregates (MA): Broad Money (THB mn) | 26,487,271.000 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| MA: Quasi Money (THB mn) | 23,256,185.000 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| MA: Narrow Money (NM) (THB mn) | 3,231,087.000 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Private Credits (THB mn) | 30,699,864.000 Jan 2025 | monthly | Jan 2011 - Jan 2025 |
| Credit: Outs: CB: Businesses (THB mn) | 6,918,435.000 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Credit: Outs: CB: Individuals (THB mn) | 6,181,675.000 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Deposit: Outs: CB: Businesses (THB mn) | 5,531,867.000 Jan 2025 | monthly | Oct 2003 - Jan 2025 |
| Deposit: Outs: CB: Individuals (THB mn) | 9,063,917.000 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) | 0.2 Feb 2025 | monthly | Feb 2000 - Feb 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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