Central government debt, total in Thailand

Thailand: Central government debt, total was 11.56 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
11.56 trillion current LCU
Change on year
up 5.3%
World rank
14th
of 83 countries
All-time high
11.56 trillion current LCU
in 2024
All-time low
170.40 billion current LCU
in 1996
Years of data
34
1990–2024

Central government debt, total in Thailand, 1990–2024

02.5T5.0T7.5T10.0T12.5T1990200720241990: 402.8B current LCU1991: 335.0B current LCU1992: 308.0B current LCU1993: 267.2B current LCU1994: 210.0B current LCU1995: 194.4B current LCU1996: 170.4B current LCU1997: 218.6B current LCU1998: 501.6B current LCU1999: 958.2B current LCU2000: 1.1T current LCU2001: 1.3T current LCU2002: 1.7T current LCU2003: 1.7T current LCU2004: 1.7T current LCU2005: 1.9T current LCU2006: 2.0T current LCU2007: 2.1T current LCU2008: 2.2T current LCU2009: 2.6T current LCU2010: 2.9T current LCU2011: 3.2T current LCU2012: 3.5T current LCU2013: 4.9T current LCU2014: 4.7T current LCU2015: 5.0T current LCU2016: 5.4T current LCU2018: 6.2T current LCU2019: 6.5T current LCU2020: 7.9T current LCU2021: 9.5T current LCU2022: 10.5T current LCU2023: 11.0T current LCU2024: 11.6T current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for central government debt, total in Thailand is 11.56 trillion current LCU, measured in 2024. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 5.3% on the previous year and up 146.8% over ten years.

Over the whole period, central government debt, total in Thailand peaked at 11.56 trillion current LCU in 2024 and was at its lowest, 170.40 billion current LCU, in 1996.

Thailand ranks 14th of 83 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 356.64 billion current LCU 170.40 billion current LCU 958.24 billion current LCU 10
2000s 1.84 trillion current LCU 1.11 trillion current LCU 2.59 trillion current LCU 10
2010s 4.71 trillion current LCU 2.91 trillion current LCU 6.52 trillion current LCU 9
2020s 10.07 trillion current LCU 7.88 trillion current LCU 11.56 trillion current LCU 5

Countries ranked near Thailand

  1. 11 Democratic Republic of Congo 21.12 trillion current LCU compare
  2. 12 Mexico 16.84 trillion current LCU compare
  3. 13 Turkey 11.87 trillion current LCU compare
  4. 15 Brazil 9.64 trillion current LCU compare
  5. 16 Malawi 9.59 trillion current LCU compare
  6. 17 Burkina Faso 9.00 trillion current LCU compare

See the full ranking of 83 places →

More public sector data for Thailand

All data for Thailand →

Frequently asked questions

What is central government debt, total in Thailand?
Central government debt, total in Thailand was 11.56 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest central government debt, total recorded in Thailand?
The highest recorded value was 11.56 trillion current LCU in 2024.
What is the lowest central government debt, total recorded in Thailand?
The lowest recorded value was 170.40 billion current LCU in 1996.
How does Thailand rank for central government debt, total?
Thailand ranks 14th out of 83 countries with data for 2024.
Is central government debt, total rising or falling in Thailand?
Over the last ten years it is up 146.8%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Central government debt, total (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
83 places, 1,590 data points, 1970–2024
Last refreshed

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.