Public and publicly guaranteed debt service in Thailand
Thailand: Public and publicly guaranteed debt service was 0.9% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Thailand, 1975–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, public and publicly guaranteed debt service in Thailand stood at 0.9%.
That represents a change of down 43.3% on the previous year and up 27.1% over ten years.
Over the whole period, public and publicly guaranteed debt service in Thailand peaked at 15.8% in 1986 and was at its lowest, 0.3%, in 2017.
Thailand ranks 118th of 120 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Thailand, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1975 | 2.4% | — |
| 1976 | 2.4% | -0.8% |
| 1977 | 2.9% | +22.0% |
| 1978 | 3.7% | +24.9% |
| 1979 | 4.7% | +28.6% |
| 1980 | 5.1% | +9.3% |
| 1981 | 6.9% | +33.3% |
| 1982 | 8.6% | +25.0% |
| 1983 | 10.2% | +19.4% |
| 1984 | 12.0% | +16.9% |
| 1985 | 14.5% | +21.0% |
| 1986 | 15.8% | +9.2% |
| 1987 | 12.2% | -22.7% |
| 1988 | 12.2% | +0.0% |
| 1989 | 8.9% | -27.5% |
| 1990 | 10.5% | +18.1% |
| 1991 | 4.8% | -53.7% |
| 1992 | 4.9% | +1.0% |
| 1993 | 4.4% | -10.8% |
| 1994 | 4.5% | +4.0% |
| 1995 | 3.7% | -17.5% |
| 1996 | 2.9% | -22.0% |
| 1997 | 2.6% | -9.4% |
| 1998 | 3.3% | +25.0% |
| 1999 | 5.5% | +66.5% |
| 2000 | 5.4% | -2.6% |
| 2001 | 6.4% | +20.0% |
| 2002 | 9.0% | +39.7% |
| 2003 | 7.5% | -16.0% |
| 2004 | 4.2% | -44.5% |
| 2005 | 2.4% | -43.5% |
| 2006 | 2.0% | -14.2% |
| 2007 | 1.1% | -45.6% |
| 2008 | 1.3% | +15.5% |
| 2009 | 0.6% | -56.5% |
| 2010 | 0.4% | -22.2% |
| 2011 | 0.5% | +24.7% |
| 2012 | 0.4% | -25.7% |
| 2013 | 0.8% | +101.3% |
| 2014 | 0.7% | -10.7% |
| 2015 | 0.8% | +7.5% |
| 2016 | 0.3% | -63.6% |
| 2017 | 0.3% | -3.6% |
| 2018 | 0.5% | +82.7% |
| 2019 | 0.7% | +38.9% |
| 2020 | 2.5% | +269.6% |
| 2021 | 0.4% | -84.4% |
| 2022 | 0.6% | +40.5% |
| 2023 | 1.6% | +189.6% |
| 2024 | 0.9% | -43.3% |
Thailand compared with similar countries
- Thailand's 0.9% is below the median for upper middle income countries, which is 7.4%, 12% of the median. (51 countries reporting)
- Thailand's 0.9% is below the median for East Asia & Pacific, which is 4.7%, 19% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Public and publicly guaranteed debt service in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +269.6% | 0.7% | 2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.2% | 2.4% | 4.7% | 5 |
| 1980s | 10.6% | 5.1% | 15.8% | 10 |
| 1990s | 4.7% | 2.6% | 10.5% | 10 |
| 2000s | 4.0% | 0.6% | 9.0% | 10 |
| 2010s | 0.5% | 0.3% | 0.8% | 10 |
| 2020s | 1.2% | 0.4% | 2.5% | 5 |
Countries ranked near Thailand
- 115 Solomon Islands 1.0% compare
- 116 Kosovo 0.9% compare
- 116 Kosovo (UNSCR 1244) 0.9% compare
- 119 Guyana 0.7% compare
- 120 Algeria 0.2% 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -109.09 NFL, current US$ per square kilometre (2011)
Frequently asked questions
- What is public and publicly guaranteed debt service in Thailand?
- Public and publicly guaranteed debt service in Thailand was 0.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Thailand?
- The highest recorded value was 15.8% in 1986.
- What is the lowest public and publicly guaranteed debt service recorded in Thailand?
- The lowest recorded value was 0.3% in 2017.
- How does Thailand rank for public and publicly guaranteed debt service?
- Thailand ranks 118th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Thailand?
- Over the last ten years it is up 27.1%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.