Public Debt in Thailand
Public debt in Thailand averaged 42.5% of GDP in the decade to 2024, above the average for ASEAN of 42.5% of GDP. Public debt in 2024 was 63.7% of GDP. For more information on public debt, visit our dedicated page
Thailand Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Thailand from 2014 to 2024.
Source: Macrobond.
Thailand Public Debt Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 52.0 | 59.6 | 60.9 | 61.7 | 63.7 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Thai public debt projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Thai public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Thai public debt projections.
Want to get access to the full dataset of Thai public debt forecasts? Send an email to info@focus-economics.com.