Thailand Private Debt: % of Nominal GDP

2011 - 2023 | Quarterly | % | CEIC Data

Key information about Thailand Private Debt: % of Nominal GDP

  • Thailand Private Debt accounted for 171.50 % of its Nominal GDP in Dec 2023, compared with a ratio of 171.27 % in the previous quarter
  • Thailand Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 2011 to Dec 2023, with an average share of 155.00 %
  • The data reached an all-time high of 178.39 % in Dec 2021 and a record low of 126.82 % in Mar 2011

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. The Bank of Thailand provides Private Debt in local currency. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency.

View Thailand's Private Debt: % of Nominal GDP from Mar 2011 to Dec 2023 in the chart:

Thailand Private Debt: % of Nominal GDP

What was Thailand's Private Debt: % of Nominal GDP in Dec 2023?

Thailand Private Debt accounted for 171.50 % of its Nominal GDP in Dec 2023, compared with a ratio of 171.27 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
171.50 Dec 2023 171.27 Sep 2023 126.82 Mar 2011 178.39 Dec 2021 % quarterly Mar 2011 - Dec 2023

Private Debt: % of Nominal GDP by Country Comparison

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Includes Private Debt: % of Nominal GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 30.17 Sep 2023 quarterly Dec 2008 - Sep 2023
Algeria (%) 20.82 Dec 2022 quarterly Jun 2006 - Dec 2022
Argentina (%) 12.52 Dec 2023 quarterly Dec 2004 - Dec 2023
Armenia (%) 48.46 Dec 2023 quarterly Dec 2000 - Dec 2023
Australia (%) 123.82 Dec 2023 quarterly Mar 1990 - Dec 2023
Austria (%) 90.50 Dec 2023 quarterly Dec 1998 - Dec 2023
Azerbaijan (%) 22.11 Dec 2023 quarterly Dec 2001 - Dec 2023
Bahrain (%) 66.75 Sep 2023 quarterly Mar 2008 - Sep 2023
Bangladesh (%) 33.11 2023 yearly 1974 - 2023
Belarus (%) 21.10 Dec 2023 quarterly Dec 2006 - Dec 2023
Belgium (%) 69.73 Dec 2023 quarterly Mar 1999 - Dec 2023
Bolivia (%) 68.12 Sep 2023 quarterly Dec 1997 - Sep 2023
Bosnia and Herzegovina (%) 44.10 Dec 2023 quarterly Dec 2008 - Dec 2023
Botswana (%) 28.62 Dec 2023 quarterly Dec 2002 - Dec 2023
Brazil (%) 51.29 Dec 2023 quarterly Mar 2012 - Dec 2023
Brunei (%) 28.47 Sep 2023 quarterly Dec 2013 - Sep 2023
Bulgaria (%) 49.34 Dec 2023 quarterly Dec 2005 - Dec 2023
Cambodia (%) 151.50 2022 yearly 2008 - 2022
Canada (%) 217.49 Dec 2023 quarterly Mar 1969 - Dec 2023
Chile (%) 74.51 Dec 2023 quarterly Sep 2012 - Dec 2023
China (%) 194.67 Dec 2023 quarterly Dec 1992 - Dec 2023
Colombia (%) 42.53 Dec 2023 quarterly Dec 2005 - Dec 2023
Croatia (%) 48.61 Dec 2023 quarterly Dec 2008 - Dec 2023
Cyprus (%) 65.80 Dec 2023 quarterly Dec 2005 - Dec 2023
Czech Republic (%) 49.05 Dec 2023 quarterly Mar 1997 - Dec 2023
Denmark (%) 27.69 Dec 2023 quarterly Dec 2013 - Dec 2023
Ecuador (%) 53.84 Dec 2023 quarterly Mar 2004 - Dec 2023
Egypt (%) 25.46 Sep 2023 quarterly Jun 2002 - Sep 2023
Estonia (%) 58.13 Dec 2023 quarterly Mar 1997 - Dec 2023
European Union (%) 81.87 Dec 2023 quarterly Sep 1997 - Dec 2023
Finland (%) 90.07 Dec 2023 quarterly Sep 1997 - Dec 2023
France (%) 110.10 Dec 2023 quarterly Mar 1980 - Dec 2023
Georgia (%) 63.84 Dec 2023 quarterly Dec 1996 - Dec 2023
Germany (%) 77.10 Dec 2023 quarterly Dec 1991 - Dec 2023
Ghana (%) 9.23 Sep 2023 quarterly Dec 2013 - Sep 2023
Greece (%) 53.56 Dec 2023 quarterly Mar 2001 - Dec 2023
Hong Kong SAR, China (%) 211.18 Dec 2023 quarterly Dec 1973 - Dec 2023
Hungary (%) 54.69 Dec 2023 quarterly Dec 2015 - Dec 2023
Iceland (%) 89.71 Dec 2023 quarterly Dec 1995 - Dec 2023
India (%) 51.51 Mar 2022 quarterly Mar 1997 - Mar 2022
Indonesia (%) 30.06 Dec 2023 quarterly Mar 2002 - Dec 2023
Iran (%) 60.30 2016 yearly 1961 - 2016
Ireland (%) 26.08 Dec 2023 quarterly Mar 2003 - Dec 2023
Israel (%) 110.31 Dec 2023 quarterly Dec 1995 - Dec 2023
Italy (%) 61.77 Dec 2023 quarterly Jun 1998 - Dec 2023
Ivory Coast (%) 21.10 2022 yearly 2016 - 2022
Japan (%) 120.95 Sep 2023 quarterly Dec 2001 - Sep 2023
Jordan (%) 81.28 Dec 2023 quarterly Mar 2002 - Dec 2023
Kazakhstan (%) 24.32 Sep 2023 quarterly Mar 1996 - Sep 2023
Kenya (%) 29.98 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) 176.79 Dec 2023 quarterly Mar 1991 - Dec 2023
Kosovo (%) 50.56 Dec 2023 quarterly Dec 2010 - Dec 2023
Kuwait (%) 100.05 Sep 2023 quarterly Dec 2010 - Sep 2023
Kyrgyzstan (%) 21.22 Dec 2023 quarterly Dec 2003 - Dec 2023
Laos (%) 54.41 2022 yearly 2012 - 2022
Latvia (%) 25.68 Jun 2023 quarterly Sep 2003 - Jun 2023
Lebanon (%) 102.16 2017 yearly 1988 - 2017
Lithuania (%) 35.06 Dec 2023 quarterly Mar 2004 - Dec 2023
Luxembourg (%) 93.17 Dec 2023 quarterly Mar 1999 - Dec 2023
Macau SAR, China (%) 145.26 Dec 2023 quarterly Dec 2001 - Dec 2023
North Macedonia (%) 52.40 Dec 2023 quarterly Mar 2009 - Dec 2023
Malawi (%) 8.35 2022 yearly 2017 - 2022
Malaysia (%) 115.88 Sep 2023 quarterly Dec 2001 - Sep 2023
Malta (%) 68.72 Dec 2023 quarterly Dec 2003 - Dec 2023
Mauritius (%) 68.27 Dec 2023 quarterly Dec 2001 - Dec 2023
Mexico (%) 19.62 Dec 2023 quarterly Mar 2004 - Dec 2023
Moldova (%) 21.08 Dec 2023 quarterly Mar 2000 - Dec 2023
Mongolia (%) 38.96 Dec 2023 quarterly Dec 2010 - Dec 2023
Montenegro (%) 43.41 Dec 2023 quarterly Dec 2010 - Dec 2023
Morocco (%) 58.03 Dec 2023 quarterly Dec 2007 - Dec 2023
Mozambique (%) 20.19 2022 yearly 2001 - 2022
Myanmar (%) 28.98 2020 yearly 1960 - 2020
Nepal (%) 74.47 2023 yearly 2003 - 2023
Netherlands (%) 85.45 Dec 2023 quarterly Dec 1995 - Dec 2023
New Zealand (%) 138.64 Dec 2023 quarterly Mar 1988 - Dec 2023
Nigeria (%) 16.22 Sep 2023 quarterly Dec 2010 - Sep 2023
Norway (%) 118.20 Dec 2023 quarterly Mar 1996 - Dec 2023
Oman (%) 48.03 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) 9.41 2023 yearly 2005 - 2023
Palestinian Territory (%) 53.38 Dec 2023 quarterly Dec 2013 - Dec 2023
Panama (%) 68.65 Dec 2023 quarterly Dec 2007 - Dec 2023
Paraguay (%) 40.92 Sep 2023 quarterly Dec 1994 - Sep 2023
Peru (%) 36.35 Sep 2023 quarterly Mar 1992 - Sep 2023
Philippines (%) 48.22 Dec 2023 quarterly Dec 2001 - Dec 2023
Poland (%) 34.11 Dec 2023 quarterly Dec 2009 - Dec 2023
Portugal (%) 75.75 Dec 2023 quarterly Dec 1995 - Dec 2023
Qatar (%) 101.37 Jun 2023 quarterly Dec 2011 - Jun 2023
Romania (%) 22.96 Dec 2023 quarterly Mar 2007 - Dec 2023
Russia (%) 56.28 Dec 2023 quarterly Sep 2002 - Dec 2023
Saudi Arabia (%) 61.93 Dec 2023 quarterly Dec 2003 - Dec 2023
Serbia (%) 35.75 Dec 2023 quarterly Mar 2004 - Dec 2023
Singapore (%) 130.91 Dec 2023 quarterly Mar 2004 - Dec 2023
Slovakia (%) 61.90 Dec 2023 quarterly Mar 2009 - Dec 2023
Slovenia (%) 36.89 Dec 2023 quarterly Dec 2004 - Dec 2023
South Africa (%) 66.51 Dec 2023 quarterly Mar 1965 - Dec 2023
Spain (%) 77.74 Dec 2023 quarterly Mar 2003 - Dec 2023
Sri Lanka (%) 25.97 Jun 2023 quarterly Dec 2010 - Jun 2023
Sudan (%) 5.64 2022 yearly 1960 - 2022
Sweden (%) 125.11 Dec 2023 quarterly Dec 1991 - Dec 2023
Switzerland (%) 167.53 Dec 2023 quarterly Dec 1996 - Dec 2023

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Thailand Key Series

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Includes 294 key indicators for Thailand, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 Dec 2023 quarterly Sep 2002 - Dec 2023
Consolidated Fiscal Balance (USD mn) -1,041.625 Jan 2024 monthly Oct 2001 - Jan 2024
Tax Revenue (USD mn) 67,893.852 2022 yearly 1984 - 2022
Tax Revenue: % of GDP (%) 13.4 2022 yearly 1990 - 2022
National Government Debt (USD mn) 276,423.6 Feb 2024 monthly Oct 1997 - Feb 2024
Government Debt: % of GDP (%) 54.3 Dec 2023 quarterly Dec 1997 - Dec 2023
Forecast: Government Expenditure (THB bn) 5,065.690 2028 yearly 1995 - 2028
Forecast: Government Net Debt (THB bn) 13,689.050 2028 yearly 1996 - 2028
Forecast: Government Revenue (THB bn) 4,525.300 2028 yearly 1995 - 2028
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) -554.0 Feb 2024 monthly Jan 1957 - Feb 2024
Total Exports (USD mn) 23,384.9 Feb 2024 monthly Oct 1990 - Feb 2024
Total Exports Growth (%) 12.3 Feb 2024 monthly Oct 1991 - Feb 2024
Aluminum: Exports (USD th) 1,568,630.600 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 435,513.625 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 196,247.335 2022 yearly 1995 - 2022
Total Imports (USD mn) 23,938.8 Feb 2024 monthly Jan 1991 - Feb 2024
Total Imports Growth (%) 11.7 Feb 2024 monthly Jan 1992 - Feb 2024
Imports: Medicament (USD th) 1,843,219.521 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,586,101.179 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 4,072.093 Feb 2024 monthly Jan 1971 - Feb 2024
Total Imports from USA (USD mn) 1,587.353 Feb 2024 monthly Jan 1971 - Feb 2024
Total Exports to China (USD mn) 2,320.343 Feb 2024 monthly Sep 1978 - Feb 2024
Total Imports from China (USD mn) 5,631.694 Feb 2024 monthly Apr 1974 - Feb 2024
MoC: Exports: Custom Basis (THB mn) 827,139.032 Feb 2024 monthly Oct 1990 - Feb 2024
MoC: Imports: Custom Basis (THB mn) 856,508.112 Feb 2024 monthly Jan 1991 - Feb 2024
MoC: Trade Balance: Custom Basis (THB mn) -29,369.080 Feb 2024 monthly Jan 1991 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,549.2 Dec 2023 quarterly Mar 2005 - Dec 2023
Current Account Balance (USD mn) 1,965.5 Feb 2024 monthly Jan 1985 - Feb 2024
Current Account Balance: % of GDP (%) 1.5 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) -0.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Portfolio Investment (USD mn) -1,146.350 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.9 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -741.7 Dec 2023 quarterly Mar 1976 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -404.680 Dec 2023 quarterly Mar 1976 - Dec 2023
External Debt (USD mn) 193,212.3 Dec 2023 quarterly Mar 1999 - Dec 2023
External Debt: % of GDP (%) 38.4 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: Short Term (USD mn) 79,224.7 Dec 2023 quarterly Mar 1999 - Dec 2023
External Debt: Short Term: % of GDP (%) 15.4 2023 yearly 1980 - 2023
Forecast: Current Account Balance (USD bn) 22.379 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 42,907.160 Dec 2023 quarterly Mar 2012 - Dec 2023
BOP: USD: Current Account Balance (USD mn) 1,965.450 Feb 2024 monthly Jan 2005 - Feb 2024
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
FDI: Manufacturing (THB mn) 10,477.880 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) -163.140 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Mining & Quarrying (THB mn) 3,484.020 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Construction (THB mn) -762.270 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Financial & Insurance Activities (THB mn) -31,607.400 Dec 2023 quarterly Mar 2005 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 86.6 Sep 2023 quarterly Mar 2003 - Sep 2023
Non-Performing Loans (USD mn) 14,347.394 Dec 2023 quarterly Mar 1998 - Dec 2023
Money Supply M1 (USD mn) 86,549.219 Feb 2024 monthly Dec 1975 - Feb 2024
Money Supply M2 (USD mn) 718,682.729 Feb 2024 monthly Jan 1997 - Feb 2024
M2 Growth (%) 2.5 Feb 2024 monthly Jan 1998 - Feb 2024
Reserve Requirement Ratio (%) 1.0 Mar 2024 monthly Sep 1997 - Mar 2024
Foreign Exchange Reserves (USD mn) 199,906.3 Mar 2024 monthly Jan 1993 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 8.3 Feb 2024 monthly Jan 1991 - Feb 2024
Gold Reserves (USD mn) 16,837.550 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 485,015.095 Feb 2024 monthly Dec 2000 - Feb 2024
Total Deposits Growth (%) 1.3 Feb 2024 monthly Dec 2001 - Feb 2024
Domestic Credit (USD mn) 741,734.4 Feb 2024 monthly Jan 2003 - Feb 2024
Domestic Credit Growth (%) 3.5 Feb 2024 monthly Jan 2004 - Feb 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.000 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 448.346 Sep 2023 quarterly Dec 1991 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 869.949 Sep 2023 quarterly Mar 1957 - Sep 2023
Household Debt (USD mn) 436,311.8 Dec 2022 quarterly Mar 2003 - Dec 2022
Total Loans (USD mn) 486,726.256 Feb 2024 monthly Jan 2007 - Feb 2024
Total Loans Growth (%) -2.14 Feb 2024 monthly Jan 2008 - Feb 2024
Private Debt: % of Nominal GDP (%) 171.50 Dec 2023 quarterly Mar 2011 - Dec 2023
Monetary Aggregates (MA): Broad Money (THB mn) 25,757,589.000 Feb 2024 monthly Jan 1997 - Feb 2024
MA: Narrow Money (NM) (THB mn) 3,101,924.000 Feb 2024 monthly Jan 1997 - Feb 2024
MA: Quasi Money (THB mn) 22,655,665.000 Feb 2024 monthly Jan 1997 - Feb 2024
Credit: Outs: CB: Individuals (THB mn) 6,349,659.000 Feb 2024 monthly Jan 2004 - Feb 2024
Credit: Outs: CB: Businesses (THB mn) 7,043,904.000 Feb 2024 monthly Jan 2004 - Feb 2024
Deposit: Outs: CB: Individuals (THB mn) 8,995,763.000 Feb 2024 monthly Oct 2003 - Feb 2024
Deposit: Outs: CB: Businesses (THB mn) 5,399,025.000 Feb 2024 monthly Oct 2003 - Feb 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -6.6 Mar 2024 monthly Feb 2000 - Mar 2024
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

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