External debt stocks, public and publicly guaranteed (PPG) (DOD) in Thailand
Thailand: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 31.03 billion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
31.03 billion DOD, current US$
Change on year
down 4.3%
World rank
30th
of 123 countries
All-time high
40.88 billion DOD, current US$
in 2019
All-time low
324.07 million DOD, current US$
in 1970
Years of data
55
1970–2024
External debt stocks, public and publicly guaranteed (PPG) in Thailand, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Thailand recorded 31.03 billion DOD, current US$ for external debt stocks, public and publicly guaranteed (ppg) in 2024.
Compared with earlier readings it is down 4.3% on the previous year and up 18.9% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) in Thailand peaked at 40.88 billion DOD, current US$ in 2019 and was at its lowest, 324.07 million DOD, current US$, in 1970.
That places Thailand 30th out of 123 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Thailand, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 324.07 million DOD, current US$ | — |
| 1971 | 356.83 million DOD, current US$ | +10.1% |
| 1972 | 386.01 million DOD, current US$ | +8.2% |
| 1973 | 441.49 million DOD, current US$ | +14.4% |
| 1974 | 512.89 million DOD, current US$ | +16.2% |
| 1975 | 616.12 million DOD, current US$ | +20.1% |
| 1976 | 822.73 million DOD, current US$ | +33.5% |
| 1977 | 1.10 billion DOD, current US$ | +33.9% |
| 1978 | 1.75 billion DOD, current US$ | +58.6% |
| 1979 | 2.70 billion DOD, current US$ | +54.3% |
| 1980 | 3.94 billion DOD, current US$ | +46.3% |
| 1981 | 5.02 billion DOD, current US$ | +27.2% |
| 1982 | 6.03 billion DOD, current US$ | +20.3% |
| 1983 | 6.90 billion DOD, current US$ | +14.4% |
| 1984 | 7.19 billion DOD, current US$ | +4.1% |
| 1985 | 9.85 billion DOD, current US$ | +37.1% |
| 1986 | 11.52 billion DOD, current US$ | +16.9% |
| 1987 | 13.91 billion DOD, current US$ | +20.8% |
| 1988 | 13.29 billion DOD, current US$ | -4.5% |
| 1989 | 12.51 billion DOD, current US$ | -5.8% |
| 1990 | 12.53 billion DOD, current US$ | +0.1% |
| 1991 | 13.31 billion DOD, current US$ | +6.2% |
| 1992 | 13.36 billion DOD, current US$ | +0.4% |
| 1993 | 14.78 billion DOD, current US$ | +10.6% |
| 1994 | 16.27 billion DOD, current US$ | +10.1% |
| 1995 | 16.88 billion DOD, current US$ | +3.8% |
| 1996 | 16.93 billion DOD, current US$ | +0.3% |
| 1997 | 22.32 billion DOD, current US$ | +31.9% |
| 1998 | 28.11 billion DOD, current US$ | +25.9% |
| 1999 | 31.32 billion DOD, current US$ | +11.4% |
| 2000 | 29.46 billion DOD, current US$ | -5.9% |
| 2001 | 26.22 billion DOD, current US$ | -11.0% |
| 2002 | 22.53 billion DOD, current US$ | -14.1% |
| 2003 | 17.71 billion DOD, current US$ | -21.4% |
| 2004 | 14.91 billion DOD, current US$ | -15.8% |
| 2005 | 12.66 billion DOD, current US$ | -15.1% |
| 2006 | 10.91 billion DOD, current US$ | -13.8% |
| 2007 | 9.32 billion DOD, current US$ | -14.6% |
| 2008 | 9.95 billion DOD, current US$ | +6.8% |
| 2009 | 10.78 billion DOD, current US$ | +8.3% |
| 2010 | 16.74 billion DOD, current US$ | +55.3% |
| 2011 | 22.70 billion DOD, current US$ | +35.6% |
| 2012 | 29.44 billion DOD, current US$ | +29.7% |
| 2013 | 27.98 billion DOD, current US$ | -5.0% |
| 2014 | 26.10 billion DOD, current US$ | -6.7% |
| 2015 | 22.57 billion DOD, current US$ | -13.5% |
| 2016 | 23.49 billion DOD, current US$ | +4.1% |
| 2017 | 30.83 billion DOD, current US$ | +31.2% |
| 2018 | 37.45 billion DOD, current US$ | +21.5% |
| 2019 | 40.88 billion DOD, current US$ | +9.2% |
| 2020 | 35.82 billion DOD, current US$ | -12.4% |
| 2021 | 36.82 billion DOD, current US$ | +2.8% |
| 2022 | 35.68 billion DOD, current US$ | -3.1% |
| 2023 | 32.42 billion DOD, current US$ | -9.1% |
| 2024 | 31.03 billion DOD, current US$ | -4.3% |
Thailand compared with similar countries
- Thailand's 31.03 billion DOD, current US$ is above the median for upper middle income countries, which is 9.67 billion DOD, current US$, 3.2× the median. (52 countries reporting)
- Thailand's 31.03 billion DOD, current US$ is above the median for East Asia & Pacific, which is 9.55 billion DOD, current US$, 3.2× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 900.38 million DOD, current US$ | 324.07 million DOD, current US$ | 2.70 billion DOD, current US$ | 10 |
| 1980s | 9.02 billion DOD, current US$ | 3.94 billion DOD, current US$ | 13.91 billion DOD, current US$ | 10 |
| 1990s | 18.58 billion DOD, current US$ | 12.53 billion DOD, current US$ | 31.32 billion DOD, current US$ | 10 |
| 2000s | 16.44 billion DOD, current US$ | 9.32 billion DOD, current US$ | 29.46 billion DOD, current US$ | 10 |
| 2010s | 27.82 billion DOD, current US$ | 16.74 billion DOD, current US$ | 40.88 billion DOD, current US$ | 10 |
| 2020s | 34.35 billion DOD, current US$ | 31.03 billion DOD, current US$ | 36.82 billion DOD, current US$ | 5 |
Countries ranked near Thailand
- 27 Ethiopia 33.95 billion DOD, current US$ compare
- 28 Lebanon 33.73 billion DOD, current US$ compare
- 29 Cote d'Ivoire 31.25 billion DOD, current US$ compare
- 31 Serbia 27.97 billion DOD, current US$ compare
- 32 Ghana 25.58 billion DOD, current US$ compare
- 33 Senegal 25.09 billion DOD, 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 external debt stocks, public and publicly guaranteed (ppg) in Thailand?
- External debt stocks, public and publicly guaranteed (ppg) in Thailand was 31.03 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) recorded in Thailand?
- The highest recorded value was 40.88 billion DOD, current US$ in 2019.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) recorded in Thailand?
- The lowest recorded value was 324.07 million DOD, current US$ in 1970.
- How does Thailand rank for external debt stocks, public and publicly guaranteed (ppg)?
- Thailand ranks 30th out of 123 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) rising or falling in Thailand?
- Over the last ten years it is up 18.9%. 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 External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.