Thailand National Government Debt

1997 - 2026 | Monthly | USD mn | CEIC Data

Key information about Thailand National Government Debt

  • Thailand National Government Debt reached 350.9 USD bn in Mar 2026, compared with 366.9 USD bn in the previous month.
  • Thailand National Government Debt data is updated monthly, available from Oct 1997 to Mar 2026.
  • The data reached an all-time high of 366.9 USD bn in Feb 2026 and a record low of 6.3 USD bn in Nov 1997.

CEIC converts monthly Government Debt into USD. Public Debt Management Office provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt covers Central Government only.


Related information about Thailand National Government Debt
  • In the latest reports, Thailand Consolidated Fiscal Balance recorded a deficit equal to 5.5 % of its Nominal GDP in Dec 2025.
  • The country's Government debt accounted for 59.1 % of its Nominal GDP in Dec 2025.
  • Thailand Nominal GDP reached 144.8 USD bn in Sep 2025.

View Thailand's National Government Debt from Oct 1997 to Mar 2026 in the chart:

Thailand National Government Debt

What was Thailand's National Government Debt in Mar 2026?

Thailand National Government Debt reached 350.9 USD bn in Mar 2026, compared with 366.9 USD bn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
350,915.4 Mar 2026 366,897.3 Feb 2026 6,320.9 Nov 1997 366,897.3 Feb 2026 USD mn monthly Oct 1997 - Mar 2026

National Government Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 15,870.8 Mar 2026 quarterly Sep 2010 - Mar 2026
Algeria (USD mn) 127,109.6 2024 yearly 1997 - 2024
Argentina (USD mn) 455,076.7 Dec 2025 quarterly Dec 1994 - Dec 2025
Armenia (USD mn) 13,906.0 Dec 2025 quarterly Mar 2002 - Dec 2025
Australia (USD mn) 685,976.3 2024 yearly 1999 - 2024
Austria (USD mn) 490,656.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 52,564.2 Mar 2026 monthly Mar 2001 - Mar 2026
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 812,672.2 Dec 2025 quarterly Mar 1980 - Dec 2025
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,449.6 2024 yearly 2007 - 2024
Botswana (USD mn) 4,996.3 2025 yearly 2002 - 2025
Brazil (USD mn) 1,987,096.3 Mar 2026 monthly Dec 2000 - Mar 2026
Bulgaria (USD mn) 37,868.1 Jan 2026 monthly Dec 2015 - Jan 2026
Canada (USD mn) 1,517,724.5 2025 yearly 1962 - 2025
Chile (USD mn) 154,979.5 Dec 2025 quarterly Mar 2002 - Dec 2025
China (USD mn) 5,896,064.4 2025 yearly 2005 - 2025
Colombia (USD mn) 280,165.7 Jun 2025 quarterly Dec 2001 - Jun 2025
Croatia (USD mn) 61,462.3 Dec 2025 monthly Dec 1995 - Dec 2025
Cyprus (USD mn) 23,135.3 Mar 2026 monthly Dec 2010 - Mar 2026
Czech Republic (USD mn) 183,513.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Denmark (USD mn) 134,380.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Ecuador (USD mn) 87,478.1 Dec 2025 quarterly Dec 2005 - Dec 2025
Egypt (USD mn) 344,231.3 Dec 2025 quarterly Jun 2006 - Dec 2025
Estonia (USD mn) 11,769.9 Dec 2025 quarterly Mar 2000 - Dec 2025
European Union (USD mn) 18,043,357.3 Dec 2025 quarterly Mar 2000 - Dec 2025
Finland (USD mn) 291,561.0 Dec 2025 quarterly Mar 2000 - Dec 2025
France (USD mn) 4,061,201.8 Dec 2025 quarterly Dec 1995 - Dec 2025
Georgia (USD mn) 13,286.4 Dec 2025 quarterly Mar 2006 - Dec 2025
Germany (USD mn) 3,330,957.3 Dec 2025 quarterly Mar 2000 - Dec 2025
Greece (USD mn) 425,928.8 Dec 2025 quarterly Dec 1999 - Dec 2025
Hong Kong SAR, China (USD mn) 190,786.0 2025 yearly 2003 - 2025
Hungary (USD mn) 197,648.2 Dec 2025 quarterly Dec 1989 - Dec 2025
Iceland (USD mn) 22,207.5 2025 yearly 1998 - 2025
India (USD mn) 2,205,393.2 Dec 2025 quarterly Dec 1998 - Dec 2025
Indonesia (USD mn) 547,950.7 Jan 2025 monthly Jun 2009 - Jan 2025
Ireland (USD mn) 246,341.0 Dec 2025 quarterly Mar 2000 - Dec 2025
Israel (USD mn) 443,893.3 2025 yearly 1995 - 2025
Italy (USD mn) 3,711,947.2 Feb 2026 monthly Jan 1957 - Feb 2026
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 9,012,579.6 Sep 2025 monthly Apr 1982 - Sep 2025
Jordan (USD mn) 51,659.2 Feb 2026 monthly Jan 2002 - Feb 2026
Kazakhstan (USD mn) 76,507.0 Mar 2026 quarterly Mar 2005 - Mar 2026
Kenya (USD mn) 95,337.5 Dec 2025 monthly Sep 1999 - Dec 2025
South Korea (USD mn) 877,851.2 Dec 2025 quarterly Sep 2002 - Dec 2025
Kosovo (USD mn) 1,797.9 2024 yearly 2009 - 2024
Kuwait (USD mn) 8,347.0 Feb 2026 monthly Dec 1993 - Feb 2026
Kyrgyzstan (USD mn) 8,919.2 Dec 2025 monthly Jan 2011 - Dec 2025
Latvia (USD mn) 23,676.1 Dec 2025 quarterly Mar 2000 - Dec 2025
Lebanon (USD mn) 101,813.6 Dec 2022 monthly Dec 2001 - Dec 2022
Lithuania (USD mn) 39,470.4 Sep 2025 quarterly Mar 2000 - Sep 2025
Luxembourg (USD mn) 27,808.6 Dec 2025 quarterly Dec 1995 - Dec 2025
North Macedonia (USD mn) 10,272.3 Dec 2025 quarterly Dec 2009 - Dec 2025
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 325,635.1 Dec 2025 quarterly Mar 1978 - Dec 2025
Malta (USD mn) 13,375.6 Dec 2025 quarterly Mar 2000 - Dec 2025
Mauritius (USD mn) 12,827.8 Mar 2026 quarterly Jun 2003 - Mar 2026
Mexico (USD mn) 1,114,967.1 Mar 2026 monthly Dec 2005 - Mar 2026
Moldova (USD mn) 8,080.9 Mar 2026 monthly Jan 2007 - Mar 2026
Montenegro (USD mn) 5,521.7 Sep 2025 monthly Dec 2010 - Sep 2025
Morocco (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Nepal (USD mn) 14,538.4 2021 yearly 1990 - 2021
Netherlands (USD mn) 614,427.7 Dec 2025 quarterly Dec 1999 - Dec 2025
New Zealand (USD mn) 123,654.9 Sep 2025 quarterly Dec 2006 - Sep 2025
Nigeria (USD mn) 56,131,610.0 Dec 2025 quarterly Dec 2006 - Dec 2025
Norway (USD mn) 297,283.3 2025 yearly 1995 - 2025
Oman (USD mn) 37,971.4 2025 yearly 1990 - 2025
Panama (USD mn) 59,349.3 Dec 2025 monthly Jul 2004 - Dec 2025
Paraguay (USD mn) 16,217.1 2024 yearly 2003 - 2024
Peru (USD mn) 108,718.9 Dec 2025 quarterly Mar 1999 - Dec 2025
Philippines (USD mn) 304,381.5 Mar 2026 monthly Jan 1993 - Mar 2026
Poland (USD mn) 648,365.6 Dec 2025 quarterly Mar 2000 - Dec 2025
Portugal (USD mn) 326,169.6 Mar 2026 quarterly Mar 2000 - Mar 2026
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 262,181.2 Dec 2025 monthly Nov 2011 - Dec 2025
Russia (USD mn) 448,098.9 Mar 2026 monthly May 2009 - Mar 2026
Saudi Arabia (USD mn) 405,068.6 2025 yearly 2004 - 2025
Serbia (USD mn) 45,324.3 Mar 2026 monthly Sep 2004 - Mar 2026
Singapore (USD mn) 1,019,617.5 Dec 2025 quarterly Mar 1990 - Dec 2025
Slovakia (USD mn) 98,475.2 Sep 2025 quarterly Mar 2000 - Sep 2025
Slovenia (USD mn) 54,365.4 Dec 2025 quarterly Dec 1999 - Dec 2025
South Africa (USD mn) 357,353.2 Mar 2026 monthly Jan 1960 - Mar 2026
Spain (USD mn) 1,993,036.4 Dec 2025 quarterly Dec 1990 - Dec 2025
Sri Lanka (USD mn) 96,944.7 Dec 2025 quarterly Mar 2014 - Dec 2025
Sweden (USD mn) 250,022.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Switzerland (USD mn) 231,894.5 2024 yearly 1990 - 2024
Taiwan, China (USD mn) 210,211.6 2024 yearly 1996 - 2024
Thailand (USD mn) 350,915.4 Mar 2026 monthly Oct 1997 - Mar 2026
Tunisia (USD mn) 48,835.0 Dec 2025 monthly Apr 2011 - Dec 2025
Turkey (USD mn) 298,427.1 2024 yearly 2001 - 2024
Ukraine (USD mn) 206,920.4 Feb 2026 monthly Dec 2004 - Feb 2026
United Kingdom (USD mn) 4,178,226.3 Dec 2025 quarterly Mar 1966 - Dec 2025
United States (USD mn) 38,967,834.0 Apr 2026 monthly Jan 1969 - Apr 2026
Uruguay (USD mn) 50,313.1 Dec 2025 quarterly Mar 1999 - Dec 2025
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 150,597.5 2024 yearly 2010 - 2024
Yemen (USD mn) 20,434.2 2013 yearly 2004 - 2013

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Thailand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.5 Dec 2025 quarterly Sep 2002 - Dec 2025
Consolidated Fiscal Balance (USD mn) -5,573.061 Mar 2026 monthly Oct 2001 - Mar 2026
Tax Revenue (USD mn) 68,755.587 2024 yearly 1984 - 2024
Tax Revenue: % of GDP (%) 13.1 2024 yearly 1990 - 2024
National Government Debt (USD mn) 350,915.4 Mar 2026 monthly Oct 1997 - Mar 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 (%) 66.380 Mar 2026 monthly Jan 2005 - Mar 2026
Govt Revenue: Gross: Excise Dept (THB mn) 47,541.47 Jun 2018 monthly Oct 1989 - Jun 2018
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) 68,616.81 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) -3,339.5 Mar 2026 monthly Jan 1957 - Mar 2026
Total Exports (USD mn) 35,157.1 Mar 2026 monthly Oct 1990 - Mar 2026
Total Exports Growth (%) 9.7 Mar 2026 monthly Oct 1991 - Mar 2026
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) 38,496.6 Mar 2026 monthly Jan 1991 - Mar 2026
Total Imports Growth (%) 25.6 Mar 2026 monthly Jan 1992 - Mar 2026
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) 8,825.881 Mar 2026 monthly Jan 1971 - Mar 2026
Total Imports from USA (USD mn) 1,700.330 Mar 2026 monthly Jan 1971 - Mar 2026
Total Exports to China (USD mn) 3,377.670 Mar 2026 monthly Sep 1978 - Mar 2026
Total Imports from China (USD mn) 10,700.948 Mar 2026 monthly Apr 1974 - Mar 2026
MoC: Imports: Custom Basis (THB mn) 1,206,111.387 Mar 2026 monthly Jan 1991 - Mar 2026
MoC: Exports: Custom Basis (THB mn) 1,087,459.545 Mar 2026 monthly Oct 1990 - Mar 2026
MoC: Trade Balance: Custom Basis (THB mn) -118,651.842 Mar 2026 monthly Jan 1991 - Mar 2026
Imports Volume: Liquefied Natural Gas (Cub ft mn) 52,983.000 Mar 2026 monthly Jan 2010 - Mar 2026
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,644.7 Dec 2025 quarterly Mar 2005 - Dec 2025
Current Account Balance (USD mn) 582.2 Mar 2026 monthly Jan 1985 - Mar 2026
Current Account Balance: % of GDP (%) -0.3 Dec 2025 quarterly Mar 1993 - Dec 2025
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 3.4 Dec 2025 quarterly Mar 1993 - Dec 2025
Foreign Portfolio Investment (USD mn) 1,009.620 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 0.7 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 139.2 Dec 2025 quarterly Mar 1976 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 870.410 Dec 2025 quarterly Mar 1976 - Dec 2025
External Debt (USD mn) 208,831.9 Dec 2025 quarterly Mar 1999 - Dec 2025
External Debt: % of GDP (%) 35.4 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: Short Term (USD mn) 88,307.3 Dec 2025 quarterly Mar 1999 - Dec 2025
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) 91,861.190 Dec 2025 quarterly Mar 2012 - Dec 2025
BOP: USD: Current Account Balance (USD mn) 582.230 Mar 2026 monthly Jan 2005 - 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 (%) 86.7 Dec 2025 quarterly Mar 2003 - Dec 2025
Non-Performing Loans (USD mn) 16,142.553 Dec 2025 quarterly Mar 1998 - Dec 2025
Money Supply M1 (USD mn) 112,598.165 Mar 2026 monthly Dec 1975 - Mar 2026
Money Supply M2 (USD mn) 855,773.937 Mar 2026 monthly Jan 1997 - Mar 2026
M2 Growth (%) 5.0 Mar 2026 monthly Jan 1998 - Mar 2026
Reserve Requirement Ratio (%) 1.0 Apr 2026 monthly Sep 1997 - Apr 2026
Foreign Exchange Reserves (USD mn) 238,424.4 Mar 2026 monthly Jan 1993 - Mar 2026
Foreign Exchange Reserves: Months of Import (NA) 6.2 Mar 2026 monthly Jan 1991 - Mar 2026
Gold Reserves (USD mn) 35,238.070 Mar 2026 monthly Dec 1956 - Mar 2026
Total Deposits (USD mn) 582,551.160 Feb 2026 monthly Dec 2000 - Feb 2026
Total Deposits Growth (%) 2.1 Feb 2026 monthly Dec 2001 - Feb 2026
Domestic Credit (USD mn) 862,192.4 Mar 2026 monthly Jan 2003 - Mar 2026
Domestic Credit Growth (%) 3.3 Mar 2026 monthly Jan 2004 - Mar 2026
Debt Service Ratio: Private Non-Financial Sector (%) 14.600 Sep 2025 quarterly Mar 1999 - Sep 2025
Credit to Households (USD bn) 507.808 Sep 2025 quarterly Dec 1991 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 966.462 Sep 2025 quarterly Mar 1957 - Sep 2025
Household Debt (USD mn) 502,273.1 Jun 2025 quarterly Mar 2003 - Jun 2025
Total Loans (USD mn) 549,296.819 Mar 2026 monthly Jan 2003 - Mar 2026
Total Loans Growth (%) -0.34 Mar 2026 monthly Jan 2004 - Mar 2026
Private Debt: % of Nominal GDP (%) 161.67 Dec 2025 quarterly Mar 2011 - Dec 2025
Private Credits (THB mn) 30,728,363.000 Mar 2026 monthly Jan 2011 - Mar 2026
Credit: Outs: CB: Businesses (THB mn) 6,555,485.000 Feb 2026 monthly Jan 2004 - Feb 2026
Credit: Outs: CB: Individuals (THB mn) 6,017,530.000 Feb 2026 monthly Jan 2004 - Feb 2026
Deposit: Outs: CB: Individuals (THB mn) 9,138,427.000 Feb 2026 monthly Oct 2003 - Feb 2026
Deposit: Outs: CB: Businesses (THB mn) 5,906,021.000 Feb 2026 monthly Oct 2003 - Feb 2026
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -7.2 Apr 2026 monthly Feb 2000 - Apr 2026
Trade and Services Sentiment Index (TSSI): MSME: Present (NA) 52.300 Feb 2026 monthly Jan 2013 - Feb 2026
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

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