Public and publicly guaranteed debt service in Thailand
Thailand: Public and publicly guaranteed debt service was 0.7% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Thailand, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Thailand recorded 0.7% for public and publicly guaranteed debt service in 2024.
Compared with earlier readings it is down 39.6% on the previous year and up 28.6% over ten years.
Over the whole period, public and publicly guaranteed debt service in Thailand peaked at 5.9% in 2002 and was at its lowest, 0.2%, in 2017.
Thailand ranks 107th of 123 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 GNI | Change |
|---|---|---|
| 1970 | 0.6% | — |
| 1971 | 0.5% | -0.8% |
| 1972 | 0.5% | -3.6% |
| 1973 | 0.5% | -6.6% |
| 1974 | 0.4% | -13.0% |
| 1975 | 0.5% | +13.2% |
| 1976 | 0.5% | +5.5% |
| 1977 | 0.6% | +20.9% |
| 1978 | 0.8% | +27.0% |
| 1979 | 1.2% | +47.0% |
| 1980 | 1.4% | +18.6% |
| 1981 | 1.8% | +34.6% |
| 1982 | 2.2% | +21.1% |
| 1983 | 2.4% | +6.0% |
| 1984 | 3.0% | +27.0% |
| 1985 | 3.9% | +28.3% |
| 1986 | 4.5% | +17.4% |
| 1987 | 3.9% | -14.6% |
| 1988 | 4.4% | +12.8% |
| 1989 | 3.3% | -23.7% |
| 1990 | 3.9% | +16.6% |
| 1991 | 1.9% | -51.4% |
| 1992 | 1.9% | +1.5% |
| 1993 | 1.7% | -11.0% |
| 1994 | 1.8% | +8.3% |
| 1995 | 1.7% | -9.6% |
| 1996 | 1.2% | -26.2% |
| 1997 | 1.4% | +12.1% |
| 1998 | 2.1% | +51.6% |
| 1999 | 3.3% | +59.4% |
| 2000 | 3.7% | +11.4% |
| 2001 | 4.4% | +18.3% |
| 2002 | 5.9% | +33.7% |
| 2003 | 5.0% | -14.8% |
| 2004 | 3.0% | -40.8% |
| 2005 | 1.7% | -41.9% |
| 2006 | 1.5% | -14.0% |
| 2007 | 0.8% | -45.1% |
| 2008 | 1.0% | +19.2% |
| 2009 | 0.4% | -60.7% |
| 2010 | 0.3% | -19.1% |
| 2011 | 0.4% | +30.3% |
| 2012 | 0.3% | -25.8% |
| 2013 | 0.6% | +98.6% |
| 2014 | 0.5% | -10.0% |
| 2015 | 0.6% | +5.5% |
| 2016 | 0.2% | -63.9% |
| 2017 | 0.2% | -3.9% |
| 2018 | 0.3% | +77.8% |
| 2019 | 0.4% | +26.5% |
| 2020 | 1.4% | +218.1% |
| 2021 | 0.3% | -82.0% |
| 2022 | 0.4% | +56.8% |
| 2023 | 1.1% | +188.3% |
| 2024 | 0.7% | -39.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6% | 0.4% | 1.2% | 10 |
| 1980s | 3.1% | 1.4% | 4.5% | 10 |
| 1990s | 2.1% | 1.2% | 3.9% | 10 |
| 2000s | 2.7% | 0.4% | 5.9% | 10 |
| 2010s | 0.4% | 0.2% | 0.6% | 10 |
| 2020s | 0.8% | 0.3% | 1.4% | 5 |
Countries ranked near Thailand
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)
- 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)
- 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 0.7% 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 5.9% in 2002.
- What is the lowest public and publicly guaranteed debt service recorded in Thailand?
- The lowest recorded value was 0.2% in 2017.
- How does Thailand rank for public and publicly guaranteed debt service?
- Thailand ranks 107th out of 123 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 28.6%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.