Public Debt in Thailand
Public debt averaged 46.6% of GDP in the decade to 2022, significantly below the Asia-Pacific average of 86.8% of GDP. Thailand's public debt in 2022 was 60.9% of GDP. For more public debt information, visit our dedicated page.
Thailand Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Thailand from 2014 to 2023.
Source: Macrobond.
Thailand Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 41.2 | 52.0 | 59.6 | 60.9 | 61.8 |
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 9 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.