Thailand National Government Debt

1997 - 2025 | Monthly | USD mn | CEIC Data

Key information about Thailand National Government Debt

  • Thailand National Government Debt reached 346.2 USD bn in Nov 2025, compared with 340.6 USD bn in the previous month.
  • Thailand National Government Debt data is updated monthly, available from Oct 1997 to Nov 2025.
  • The data reached an all-time high of 346.2 USD bn in Nov 2025 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 4.8 % of its Nominal GDP in Sep 2025.
  • The country's Government debt accounted for 58.3 % of its Nominal GDP in Sep 2025.
  • Thailand Nominal GDP reached 144.8 USD bn in Sep 2025.

View Thailand's National Government Debt from Oct 1997 to Nov 2025 in the chart:

Thailand National Government Debt

What was Thailand's National Government Debt in Nov 2025?

Thailand National Government Debt reached 346.2 USD bn in Nov 2025, compared with 340.6 USD bn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
346,186.9 Nov 2025 340,585.0 Oct 2025 6,320.9 Nov 1997 346,186.9 Nov 2025 USD mn monthly Oct 1997 - Nov 2025

National Government Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 16,715.8 Sep 2025 quarterly Sep 2010 - Sep 2025
Algeria (USD mn) 127,109.6 2024 yearly 1997 - 2024
Argentina (USD mn) 454,037.1 Sep 2025 quarterly Dec 1994 - Sep 2025
Armenia (USD mn) 14,204.4 Sep 2025 quarterly Mar 2002 - Sep 2025
Australia (USD mn) 685,976.3 2024 yearly 1999 - 2024
Austria (USD mn) 497,437.3 Sep 2025 quarterly Mar 2000 - Sep 2025
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 50,938.0 Nov 2025 monthly Mar 2001 - Nov 2025
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 797,839.2 Sep 2025 quarterly Mar 1980 - Sep 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) 1,829,088.8 Dec 2025 monthly Dec 2000 - Dec 2025
Bulgaria (USD mn) 37,071.8 Dec 2025 monthly Dec 2015 - Dec 2025
Canada (USD mn) 1,517,724.5 2025 yearly 1962 - 2025
Chile (USD mn) 149,182.1 Sep 2025 quarterly Mar 2002 - Sep 2025
China (USD mn) 4,736,394.2 2024 yearly 2005 - 2024
Colombia (USD mn) 280,165.7 Jun 2025 quarterly Dec 2001 - Jun 2025
Croatia (USD mn) 59,850.6 Oct 2025 monthly Dec 1995 - Oct 2025
Cyprus (USD mn) 23,954.7 Nov 2025 monthly Dec 2010 - Nov 2025
Czech Republic (USD mn) 174,839.6 Sep 2025 quarterly Mar 2000 - Sep 2025
Denmark (USD mn) 141,615.2 Sep 2025 quarterly Mar 2000 - Sep 2025
Ecuador (USD mn) 85,105.4 Sep 2025 quarterly Dec 2005 - Sep 2025
Egypt (USD mn) 330,374.5 Sep 2025 quarterly Jun 2006 - Sep 2025
Estonia (USD mn) 11,044.7 Sep 2025 quarterly Mar 2000 - Sep 2025
European Union (USD mn) 17,899,598.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Finland (USD mn) 289,404.3 Jun 2025 quarterly Mar 2000 - Jun 2025
France (USD mn) 4,020,987.6 Jun 2025 quarterly Dec 1995 - Jun 2025
Georgia (USD mn) 13,286.4 Dec 2025 quarterly Mar 2006 - Dec 2025
Germany (USD mn) 3,271,285.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Greece (USD mn) 431,674.3 Sep 2025 quarterly Dec 1999 - Sep 2025
Hong Kong SAR, China (USD mn) 190,786.0 2025 yearly 2003 - 2025
Hungary (USD mn) 192,814.7 Sep 2025 quarterly Dec 1989 - Sep 2025
Iceland (USD mn) 20,025.7 2024 yearly 1998 - 2024
India (USD mn) 2,192,184.8 Sep 2025 quarterly Dec 1998 - Sep 2025
Indonesia (USD mn) 547,950.7 Jan 2025 monthly Jun 2009 - Jan 2025
Ireland (USD mn) 245,214.6 Sep 2025 quarterly Mar 2000 - Sep 2025
Israel (USD mn) 364,326.8 2024 yearly 1995 - 2024
Italy (USD mn) 3,624,882.7 Nov 2025 monthly Jan 1957 - Nov 2025
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) 51,156.6 Nov 2025 monthly Jan 2002 - Nov 2025
Kazakhstan (USD mn) 72,503.6 Dec 2025 quarterly Mar 2005 - Dec 2025
Kenya (USD mn) 93,267.3 Sep 2025 monthly Sep 1999 - Sep 2025
South Korea (USD mn) 896,321.5 Sep 2025 quarterly Sep 2002 - Sep 2025
Kosovo (USD mn) 1,797.9 2024 yearly 2009 - 2024
Kuwait (USD mn) 6,701.5 Nov 2025 monthly Dec 1993 - Nov 2025
Kyrgyzstan (USD mn) 8,850.1 Nov 2025 monthly Jan 2011 - Nov 2025
Latvia (USD mn) 22,255.4 Sep 2025 quarterly Mar 2000 - Sep 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) 28,692.8 Sep 2025 quarterly Dec 1995 - Sep 2025
North Macedonia (USD mn) 10,002.3 Jun 2025 quarterly Dec 2009 - Jun 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) 13,160.7 Sep 2025 quarterly Mar 2000 - Sep 2025
Mauritius (USD mn) 12,831.7 Dec 2025 quarterly Jun 2003 - Dec 2025
Mexico (USD mn) 1,095,450.4 Dec 2025 monthly Dec 2005 - Dec 2025
Moldova (USD mn) 7,906.9 Dec 2025 monthly Jan 2007 - Dec 2025
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) 579,272.5 Sep 2025 quarterly Dec 1999 - Sep 2025
New Zealand (USD mn) 123,654.9 Sep 2025 quarterly Dec 2006 - Sep 2025
Nigeria (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Norway (USD mn) 251,746.3 2024 yearly 1995 - 2024
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) 105,081.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Philippines (USD mn) 301,127.7 Dec 2025 monthly Jan 1993 - Dec 2025
Poland (USD mn) 611,821.3 Sep 2025 quarterly Mar 2000 - Sep 2025
Portugal (USD mn) 345,501.8 Sep 2025 quarterly Mar 2000 - Sep 2025
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 249,581.5 Aug 2025 monthly Nov 2011 - Aug 2025
Russia (USD mn) 465,308.9 Jan 2026 monthly May 2009 - Jan 2026
Saudi Arabia (USD mn) 388,533.3 2025 yearly 2004 - 2025
Serbia (USD mn) 46,175.3 Dec 2025 monthly Sep 2004 - Dec 2025
Singapore (USD mn) 1,019,617.5 Dec 2025 quarterly Mar 1990 - Dec 2025
Slovakia (USD mn) 98,260.7 Jun 2025 quarterly Mar 2000 - Jun 2025
Slovenia (USD mn) 55,072.6 Sep 2025 quarterly Dec 1999 - Sep 2025
South Africa (USD mn) 352,108.9 Nov 2025 monthly Jan 1960 - Nov 2025
Spain (USD mn) 2,005,898.9 Sep 2025 quarterly Dec 1990 - Sep 2025
Sri Lanka (USD mn) 98,101.8 Sep 2025 quarterly Mar 2014 - Sep 2025
Sweden (USD mn) 230,743.4 Sep 2025 quarterly Mar 1999 - Sep 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) 346,186.9 Nov 2025 monthly Oct 1997 - Nov 2025
Tunisia (USD mn) 46,921.1 Sep 2025 monthly Apr 2011 - Sep 2025
Turkey (USD mn) 298,427.1 2024 yearly 2001 - 2024
Ukraine (USD mn) 206,804.7 Dec 2025 monthly Dec 2004 - Dec 2025
United Kingdom (USD mn) 4,111,415.2 Sep 2025 quarterly Mar 1966 - Sep 2025
United States (USD mn) 38,521,368.0 Jan 2026 monthly Jan 1969 - Jan 2026
Uruguay (USD mn) 48,109.8 Sep 2025 quarterly Mar 1999 - Sep 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 (%) -4.8 Sep 2025 quarterly Sep 2002 - Sep 2025
Consolidated Fiscal Balance (USD mn) -5,547.142 Dec 2025 monthly Oct 2001 - Dec 2025
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) 346,186.9 Nov 2025 monthly Oct 1997 - Nov 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 (%) 65.710 Nov 2025 monthly Jan 2005 - Nov 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) -352.0 Dec 2025 monthly Jan 1957 - Dec 2025
Total Exports (USD mn) 28,928.4 Dec 2025 monthly Oct 1990 - Dec 2025
Total Exports Growth (%) 9.1 Dec 2025 monthly Oct 1991 - Dec 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) 29,280.4 Dec 2025 monthly Jan 1991 - Dec 2025
Total Imports Growth (%) 11.1 Dec 2025 monthly Jan 1992 - Dec 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) 7,188.398 Dec 2025 monthly Jan 1971 - Dec 2025
Total Imports from USA (USD mn) 2,092.728 Dec 2025 monthly Jan 1971 - Dec 2025
Total Exports to China (USD mn) 3,134.642 Dec 2025 monthly Sep 1978 - Dec 2025
Total Imports from China (USD mn) 10,380.626 Dec 2025 monthly Apr 1974 - Dec 2025
MoC: Imports: Custom Basis (THB mn) 954,831.443 Dec 2025 monthly Jan 1991 - Dec 2025
MoC: Exports: Custom Basis (THB mn) 931,298.981 Dec 2025 monthly Oct 1990 - Dec 2025
MoC: Trade Balance: Custom Basis (THB mn) -23,532.462 Dec 2025 monthly Jan 1991 - Dec 2025
Imports Volume: Liquefied Natural Gas (Cub ft mn) 40,031.141 Nov 2025 monthly Jan 2010 - Nov 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,079.7 Sep 2025 quarterly Mar 2005 - Sep 2025
Current Account Balance (USD mn) 3,100.4 Dec 2025 monthly Jan 1985 - Dec 2025
Current Account Balance: % of GDP (%) 2.2 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 (%) 2.8 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Portfolio Investment (USD mn) 149.210 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 0.1 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 117.9 Sep 2025 quarterly Mar 1976 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 31.300 Sep 2025 quarterly Mar 1976 - Sep 2025
External Debt (USD mn) 203,014.5 Sep 2025 quarterly Mar 1999 - Sep 2025
External Debt: % of GDP (%) 34.9 Sep 2025 quarterly Mar 2005 - Sep 2025
External Debt: Short Term (USD mn) 85,654.4 Sep 2025 quarterly Mar 1999 - Sep 2025
External Debt: Short Term: % of GDP (%) 16.3 2024 yearly 1980 - 2024
Forecast: Current Account Balance (USD bn) 17.404 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 97,684.510 Sep 2025 quarterly Mar 2012 - Sep 2025
BOP: USD: Current Account Balance (USD mn) 3,100.430 Dec 2025 monthly Jan 2005 - Dec 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 Sep 2025 quarterly Mar 2003 - Sep 2025
Non-Performing Loans (USD mn) 16,142.553 Dec 2025 quarterly Mar 1998 - Dec 2025
Money Supply M1 (USD mn) 111,165.830 Dec 2025 monthly Dec 1975 - Dec 2025
Money Supply M2 (USD mn) 873,277.009 Dec 2025 monthly Jan 1997 - Dec 2025
M2 Growth (%) 4.4 Dec 2025 monthly Jan 1998 - Dec 2025
Reserve Requirement Ratio (%) 1.0 Jan 2026 monthly Sep 1997 - Jan 2026
Foreign Exchange Reserves (USD mn) 246,009.4 Jan 2026 monthly Jan 1993 - Jan 2026
Foreign Exchange Reserves: Months of Import (NA) 8.3 Dec 2025 monthly Jan 1991 - Dec 2025
Gold Reserves (USD mn) 36,696.320 Jan 2026 monthly Dec 1956 - Jan 2026
Total Deposits (USD mn) 573,199.524 Dec 2025 monthly Dec 2000 - Dec 2025
Total Deposits Growth (%) 2.4 Dec 2025 monthly Dec 2001 - Dec 2025
Domestic Credit (USD mn) 886,261.9 Dec 2025 monthly Jan 2003 - Dec 2025
Domestic Credit Growth (%) 3.3 Dec 2025 monthly Jan 2004 - Dec 2025
Debt Service Ratio: Private Non-Financial Sector (%) 14.500 Jun 2025 quarterly Mar 1999 - Jun 2025
Credit to Households (USD bn) 506.230 Jun 2025 quarterly Dec 1991 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 946.456 Jun 2025 quarterly Mar 1957 - Jun 2025
Household Debt (USD mn) 502,273.1 Jun 2025 quarterly Mar 2003 - Jun 2025
Total Loans (USD mn) 571,991.362 Dec 2025 monthly Jan 2003 - Dec 2025
Total Loans Growth (%) -0.94 Dec 2025 monthly Jan 2004 - Dec 2025
Private Debt: % of Nominal GDP (%) 162.25 Sep 2025 quarterly Mar 2011 - Sep 2025
Private Credits (THB mn) 30,685,659.000 Dec 2025 monthly Jan 2011 - Dec 2025
Credit: Outs: CB: Individuals (THB mn) 6,087,416.000 Dec 2025 monthly Jan 2004 - Dec 2025
Credit: Outs: CB: Businesses (THB mn) 6,504,601.000 Dec 2025 monthly Jan 2004 - Dec 2025
Deposit: Outs: CB: Businesses (THB mn) 5,893,633.000 Dec 2025 monthly Oct 2003 - Dec 2025
Deposit: Outs: CB: Individuals (THB mn) 9,051,757.000 Dec 2025 monthly Oct 2003 - Dec 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 1.2 Jan 2026 monthly Feb 2000 - Jan 2026
Trade and Services Sentiment Index (TSSI): MSME: Present (NA) 51.500 Nov 2025 monthly Jan 2013 - Nov 2025
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

More Indicators for Thailand

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