Debt service on external debt, total in Thailand
Thailand: Debt service on external debt, total was 17.99 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
17.99 billion TDS, current US$
Change on year
down 57.4%
World rank
15th
of 122 countries
All-time high
42.28 billion TDS, current US$
in 2023
All-time low
163.48 million TDS, current US$
in 1970
Years of data
55
1970–2024
Debt service on external debt, total in Thailand, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for debt service on external debt, total in Thailand is 17.99 billion TDS, current US$, measured in 2024.
That represents a change of down 57.4% on the previous year and down 33.7% over ten years.
Over the whole period, debt service on external debt, total in Thailand peaked at 42.28 billion TDS, current US$ in 2023 and was at its lowest, 163.48 million TDS, current US$, in 1970.
Thailand ranks 15th of 122 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Thailand, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 163.48 million TDS, current US$ | — |
| 1971 | 196.98 million TDS, current US$ | +20.5% |
| 1972 | 182.17 million TDS, current US$ | -7.5% |
| 1973 | 266.64 million TDS, current US$ | +46.4% |
| 1974 | 253.88 million TDS, current US$ | -4.8% |
| 1975 | 357.31 million TDS, current US$ | +40.7% |
| 1976 | 378.44 million TDS, current US$ | +5.9% |
| 1977 | 571.91 million TDS, current US$ | +51.1% |
| 1978 | 1.08 billion TDS, current US$ | +89.1% |
| 1979 | 1.31 billion TDS, current US$ | +21.2% |
| 1980 | 1.62 billion TDS, current US$ | +23.4% |
| 1981 | 1.88 billion TDS, current US$ | +15.9% |
| 1982 | 1.94 billion TDS, current US$ | +3.4% |
| 1983 | 2.21 billion TDS, current US$ | +14.1% |
| 1984 | 2.68 billion TDS, current US$ | +21.0% |
| 1985 | 3.26 billion TDS, current US$ | +21.9% |
| 1986 | 3.66 billion TDS, current US$ | +12.1% |
| 1987 | 3.46 billion TDS, current US$ | -5.4% |
| 1988 | 4.39 billion TDS, current US$ | +26.9% |
| 1989 | 4.40 billion TDS, current US$ | +0.2% |
| 1990 | 5.30 billion TDS, current US$ | +20.4% |
| 1991 | 4.91 billion TDS, current US$ | -7.2% |
| 1992 | 5.91 billion TDS, current US$ | +20.3% |
| 1993 | 6.44 billion TDS, current US$ | +9.0% |
| 1994 | 7.88 billion TDS, current US$ | +22.4% |
| 1995 | 8.60 billion TDS, current US$ | +9.1% |
| 1996 | 9.53 billion TDS, current US$ | +10.9% |
| 1997 | 11.82 billion TDS, current US$ | +24.0% |
| 1998 | 12.76 billion TDS, current US$ | +7.9% |
| 1999 | 16.25 billion TDS, current US$ | +27.4% |
| 2000 | 14.01 billion TDS, current US$ | -13.8% |
| 2001 | 20.31 billion TDS, current US$ | +45.0% |
| 2002 | 19.73 billion TDS, current US$ | -2.9% |
| 2003 | 15.08 billion TDS, current US$ | -23.6% |
| 2004 | 12.88 billion TDS, current US$ | -14.6% |
| 2005 | 18.04 billion TDS, current US$ | +40.0% |
| 2006 | 14.66 billion TDS, current US$ | -18.8% |
| 2007 | 22.03 billion TDS, current US$ | +50.3% |
| 2008 | 17.29 billion TDS, current US$ | -21.5% |
| 2009 | 12.73 billion TDS, current US$ | -26.4% |
| 2010 | 10.97 billion TDS, current US$ | -13.8% |
| 2011 | 10.50 billion TDS, current US$ | -4.2% |
| 2012 | 15.42 billion TDS, current US$ | +46.8% |
| 2013 | 14.82 billion TDS, current US$ | -3.9% |
| 2014 | 27.14 billion TDS, current US$ | +83.1% |
| 2015 | 19.60 billion TDS, current US$ | -27.8% |
| 2016 | 14.93 billion TDS, current US$ | -23.8% |
| 2017 | 15.98 billion TDS, current US$ | +7.0% |
| 2018 | 20.21 billion TDS, current US$ | +26.5% |
| 2019 | 32.23 billion TDS, current US$ | +59.4% |
| 2020 | 22.44 billion TDS, current US$ | -30.4% |
| 2021 | 16.30 billion TDS, current US$ | -27.4% |
| 2022 | 26.94 billion TDS, current US$ | +65.3% |
| 2023 | 42.28 billion TDS, current US$ | +56.9% |
| 2024 | 17.99 billion TDS, current US$ | -57.4% |
Thailand compared with similar countries
- Thailand's 17.99 billion TDS, current US$ is above the median for upper middle income countries, which is 2.21 billion TDS, current US$, 8.1× the median. (52 countries reporting)
- Thailand's 17.99 billion TDS, current US$ is above the median for East Asia & Pacific, which is 2.77 billion TDS, current US$, 6.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 476.29 million TDS, current US$ | 163.48 million TDS, current US$ | 1.31 billion TDS, current US$ | 10 |
| 1980s | 2.95 billion TDS, current US$ | 1.62 billion TDS, current US$ | 4.40 billion TDS, current US$ | 10 |
| 1990s | 8.94 billion TDS, current US$ | 4.91 billion TDS, current US$ | 16.25 billion TDS, current US$ | 10 |
| 2000s | 16.68 billion TDS, current US$ | 12.73 billion TDS, current US$ | 22.03 billion TDS, current US$ | 10 |
| 2010s | 18.18 billion TDS, current US$ | 10.50 billion TDS, current US$ | 32.23 billion TDS, current US$ | 10 |
| 2020s | 25.19 billion TDS, current US$ | 16.30 billion TDS, current US$ | 42.28 billion TDS, current US$ | 5 |
Countries ranked near Thailand
- 12 Egypt 32.91 billion TDS, current US$ compare
- 13 South Africa 22.56 billion TDS, current US$ compare
- 14 Philippines 18.00 billion TDS, current US$ compare
- 16 Pakistan 16.31 billion TDS, current US$ compare
- 17 Peru 15.23 billion TDS, current US$ compare
- 18 Nigeria 13.46 billion TDS, current US$ compare
More external debt data for Thailand
- IFC, private nonguaranteed 344.75 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 4.81 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0007 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 871.58 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.7% (2024)
- Net financial flows, IDA -55.73 million NFL, current US$ (2011)
- Net financial flows, IDA (NFL, current US$), per capita -0.8077 NFL, current US$ per person (2011)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0002 NFL, current US$ per US$ of GDP (2011)
- Net financial flows, IBRD -83.40 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 0.9% (2024)
Frequently asked questions
- What is debt service on external debt, total in Thailand?
- Debt service on external debt, total in Thailand was 17.99 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Thailand?
- The highest recorded value was 42.28 billion TDS, current US$ in 2023.
- What is the lowest debt service on external debt, total recorded in Thailand?
- The lowest recorded value was 163.48 million TDS, current US$ in 1970.
- How does Thailand rank for debt service on external debt, total?
- Thailand ranks 15th out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Thailand?
- Over the last ten years it is down 33.7%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.