Public Debt in Thailand

Thailand Public Debt | Economic News & Forecasts

Thailand - Public Debt

After economic growth remained robust despite easing in the second quarter, the latest data suggests that momentum has moderated somewhat in the third quarter but remained healthy. In August, the manufacturing PMI continued to ease and dipped into contractionary territory, while business sentiment softened despite staying broadly optimistic. In addition, in July the tourism sector lost some steam due to a recent tour boat accident, while the trade sector recorded a small deficit. On the other hand, manufacturing growth was robust in the same month while private consumption expanded, likely thanks to rising consumer confidence, favorable farm and non-farm incomes and solid private credit growth. In the political arena, the government is moving closer to holding general elections next year, after two bills were approved in mid-September which suggest an election will be held by May 2019 at the latest.

Thailand - Public Debt Data

2013  2014  2015  2016  2017  
Public Debt (% of GDP)42.2  42.5  43.7  40.7  41.8  

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Thailand Facts

Bond Yield2.750.0 %Oct 12
Exchange Rate32.650.17 %Oct 12
Stock Market1,696-1.41 %Oct 12

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