External Debt in Thailand
Merchandise exports decline in March
Merchandise exports fell 4.2% on an annual basis in March, on the heels of February’s 4.7% drop. Meanwhile, merchandise imports contracted 7.1% in annual terms in March (February: +1.1% yoy).
As a result, the merchandise trade balance improved from the previous month, recording a USD 2.7 billion surplus in March (February 2023: USD 1.1 billion deficit; March 2022: USD 2.0 billion surplus). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 19.0 billion deficit in March, compared to the USD 19.8 billion deficit in February.
Thailand External Debt Chart
This chart displays External Debt (USD bn) for Thailand from 2013 to 2022.
Thailand External Debt Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
External Debt (USD bn) | 156 | 163 | 172 | 191 | 196 |