Thailand National Government Debt

1997 - 2025 | Monthly | USD mn | CEIC Data

Key information about Thailand National Government Debt

  • Thailand National Government Debt reached 316.2 USD bn in Jan 2025, compared with 306.2 USD bn in the previous month.
  • Thailand National Government Debt data is updated monthly, available from Oct 1997 to Jan 2025.
  • The data reached an all-time high of 317.3 USD bn in Sep 2024 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 5.7 % of its Nominal GDP in Dec 2024.
  • The country's Government debt accounted for 56.6 % of its Nominal GDP in Dec 2024.
  • Thailand Nominal GDP reached 132.0 USD bn in Mar 2023.

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

Thailand National Government Debt

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

Thailand National Government Debt reached 316.2 USD bn in Jan 2025, compared with 306.2 USD bn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
316,226.8 Jan 2025 306,237.4 Dec 2024 6,320.9 Nov 1997 317,325.3 Sep 2024 USD mn monthly Oct 1997 - Jan 2025

National Government Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 14,204.8 Dec 2024 quarterly Sep 2010 - Dec 2024
Algeria (USD mn) 118,567.0 2023 yearly 1997 - 2023
Argentina (USD mn) 460,068.8 Sep 2024 quarterly Dec 1994 - Sep 2024
Armenia (USD mn) 12,842.2 Dec 2024 quarterly Mar 2002 - Dec 2024
Australia (USD mn) 650,929.8 2023 yearly 1999 - 2023
Austria (USD mn) 444,020.8 Sep 2024 quarterly Mar 2000 - Sep 2024
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 42,416.9 Dec 2024 monthly Mar 2001 - Dec 2024
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 688,479.8 Mar 2024 quarterly Mar 1980 - Mar 2024
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,441.3 2023 yearly 2007 - 2023
Botswana (USD mn) 3,497.5 2023 yearly 2002 - 2023
Brazil (USD mn) 1,452,819.6 Dec 2024 monthly Dec 2000 - Dec 2024
Bulgaria (USD mn) 26,485.1 Oct 2024 monthly Dec 2015 - Oct 2024
Canada (USD mn) 1,519,779.9 2024 yearly 1962 - 2024
Chile (USD mn) 141,514.2 Sep 2024 quarterly Mar 2002 - Sep 2024
China (USD mn) 4,229,996.2 2023 yearly 2005 - 2023
Colombia (USD mn) 242,468.3 Jun 2024 quarterly Dec 2001 - Jun 2024
Croatia (USD mn) 54,192.6 Oct 2024 monthly Dec 1995 - Oct 2024
Cyprus (USD mn) 22,714.1 Jan 2025 monthly Dec 2010 - Jan 2025
Czech Republic (USD mn) 142,011.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Denmark (USD mn) 144,478.2 Sep 2024 quarterly Mar 2000 - Sep 2024
Ecuador (USD mn) 85,264.4 Dec 2024 quarterly Dec 2005 - Dec 2024
Egypt (USD mn) 261,874.2 Jun 2024 quarterly Jun 2006 - Jun 2024
Estonia (USD mn) 10,409.2 Sep 2024 quarterly Mar 2000 - Sep 2024
European Union (USD mn) 16,136,898.4 Sep 2024 quarterly Mar 2000 - Sep 2024
Finland (USD mn) 234,658.2 Dec 2024 quarterly Mar 2000 - Dec 2024
France (USD mn) 3,681,160.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Georgia (USD mn) 11,805.2 Dec 2024 quarterly Mar 2006 - Dec 2024
Germany (USD mn) 2,977,160.5 Sep 2024 quarterly Mar 2000 - Sep 2024
Greece (USD mn) 413,329.0 Sep 2024 quarterly Dec 1999 - Sep 2024
Hong Kong SAR, China (USD mn) 190,086.3 2024 yearly 2003 - 2024
Hungary (USD mn) 152,122.0 Dec 2024 quarterly Dec 1989 - Dec 2024
Iceland (USD mn) 20,353.7 2023 yearly 1998 - 2023
India (USD mn) 2,144,556.0 Sep 2024 quarterly Dec 1998 - Sep 2024
Indonesia (USD mn) 547,159.0 Nov 2024 monthly Jun 2009 - Nov 2024
Ireland (USD mn) 242,322.4 Sep 2024 quarterly Mar 2000 - Sep 2024
Israel (USD mn) 310,795.6 2023 yearly 1995 - 2023
Italy (USD mn) 3,069,807.5 Dec 2024 monthly Jan 1957 - Dec 2024
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 9,396,604.9 Apr 2023 monthly Apr 1982 - Apr 2023
Jordan (USD mn) 48,206.5 Dec 2024 monthly Jan 2002 - Dec 2024
Kazakhstan (USD mn) 59,945.7 Dec 2024 quarterly Mar 2005 - Dec 2024
Kenya (USD mn) 83,539.2 Sep 2024 monthly Sep 1999 - Sep 2024
South Korea (USD mn) 874,032.3 Sep 2024 quarterly Sep 2002 - Sep 2024
Kosovo (USD mn) 1,875.6 2022 yearly 2009 - 2022
Kuwait (USD mn) 162.3 Dec 2024 monthly Dec 1993 - Dec 2024
Kyrgyzstan (USD mn) 6,617.0 Sep 2024 monthly Jan 2011 - Sep 2024
Latvia (USD mn) 19,486.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Lebanon (USD mn) 101,813.6 Dec 2022 monthly Dec 2001 - Dec 2022
Lithuania (USD mn) 32,892.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Luxembourg (USD mn) 24,343.2 Sep 2024 quarterly Dec 1995 - Sep 2024
North Macedonia (USD mn) 8,589.2 Dec 2024 quarterly Dec 2009 - Dec 2024
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 279,139.4 Dec 2024 quarterly Mar 1978 - Dec 2024
Malta (USD mn) 11,184.1 Sep 2024 quarterly Mar 2000 - Sep 2024
Mauritius (USD mn) 11,331.6 Dec 2024 quarterly Jun 2003 - Dec 2024
Mexico (USD mn) 896,296.4 Jan 2025 monthly Dec 2005 - Jan 2025
Moldova (USD mn) 6,103.1 Nov 2024 monthly Jan 2007 - Nov 2024
Montenegro (USD mn) 4,906.6 Sep 2024 monthly Dec 2010 - Sep 2024
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) 508,992.1 Jun 2024 quarterly Dec 1999 - Jun 2024
New Zealand (USD mn) 111,415.6 Dec 2024 quarterly Dec 2006 - Dec 2024
Nigeria (USD mn) 86,261.2 Sep 2024 quarterly Dec 2006 - Sep 2024
Norway (USD mn) 224,321.2 2023 yearly 1995 - 2023
Oman (USD mn) 39,697.0 2023 yearly 1990 - 2023
Panama (USD mn) 53,655.2 Jan 2025 monthly Jul 2004 - Jan 2025
Paraguay (USD mn) 13,433.8 2022 yearly 2003 - 2022
Peru (USD mn) 94,340.3 Dec 2024 quarterly Mar 1999 - Dec 2024
Philippines (USD mn) 279,510.2 Jan 2025 monthly Jan 1993 - Jan 2025
Poland (USD mn) 496,703.5 Sep 2024 quarterly Mar 2000 - Sep 2024
Portugal (USD mn) 280,150.2 Dec 2024 quarterly Mar 2000 - Dec 2024
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 198,815.0 Nov 2024 monthly Nov 2011 - Nov 2024
Russia (USD mn) 291,688.8 Jan 2025 monthly May 2009 - Jan 2025
Saudi Arabia (USD mn) 319,733.3 2024 yearly 2004 - 2024
Serbia (USD mn) 40,238.7 Dec 2024 monthly Sep 2004 - Dec 2024
Singapore (USD mn) 926,486.2 Dec 2024 quarterly Mar 1990 - Dec 2024
Slovakia (USD mn) 82,374.1 Jun 2024 quarterly Mar 2000 - Jun 2024
Slovenia (USD mn) 49,311.3 Sep 2024 quarterly Dec 1999 - Sep 2024
South Africa (USD mn) 300,217.4 Dec 2024 monthly Jan 1960 - Dec 2024
Spain (USD mn) 1,823,451.4 Sep 2024 quarterly Dec 1990 - Sep 2024
Sri Lanka (USD mn) 96,536.0 Sep 2024 quarterly Mar 2014 - Sep 2024
Sweden (USD mn) 180,873.9 Mar 2024 quarterly Mar 1999 - Mar 2024
Switzerland (USD mn) 267,524.5 2022 yearly 1990 - 2022
Taiwan (USD mn) 223,824.2 2023 yearly 1996 - 2023
Thailand (USD mn) 316,226.8 Jan 2025 monthly Oct 1997 - Jan 2025
Tunisia (USD mn) 42,403.0 Dec 2024 monthly Apr 2011 - Dec 2024
Turkey (USD mn) 254,513.1 2022 yearly 2001 - 2022
Ukraine (USD mn) 162,081.2 Jan 2025 monthly Dec 2004 - Jan 2025
United Kingdom (USD mn) 3,810,886.0 Sep 2024 quarterly Mar 1966 - Sep 2024
United States (USD mn) 36,218,923.0 Feb 2025 monthly Jan 1969 - Feb 2025
Uruguay (USD mn) 44,366.8 Sep 2024 quarterly Mar 1999 - Sep 2024
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 142,876.9 2023 yearly 2010 - 2023
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 (%) -5.7 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: 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) 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
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) -17.370 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Manufacturing (THB mn) 19,572.550 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Mining & Quarrying (THB mn) 53.250 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Construction (THB mn) 1,520.740 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Financial & Insurance Activities (THB mn) -3,517.230 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 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 448.489 Jun 2024 quarterly Dec 1991 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 868.946 Jun 2024 quarterly Mar 1957 - Jun 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: 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) 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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