household debts in Thailand

Gross debt in Thailand

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Thailand in the period from 1998 to 2021 was between 12.1 billion and 266.9 billion USD. The highest level of the last years at 267 billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 3,728 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.

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Gross debt of the last 23 years in billion USD

YearThailand totalThailand per capitaEU per capita
199812.13 bn USD197 USD14,079 USD
199925.34 bn USD407 USD14,032 USD
200027.76 bn USD441 USD11,241 USD
200129.57 bn USD465 USD11,263 USD
200240.38 bn USD630 USD12,266 USD
200341.19 bn USD638 USD15,295 USD
200442.18 bn USD649 USD17,606 USD
200546.18 bn USD706 USD18,337 USD
200651.58 bn USD784 USD18,887 USD
200759.44 bn USD898 USD20,910 USD
200864.08 bn USD963 USD24,100 USD
200975.49 bn USD1,129 USD25,376 USD
201094.76 bn USD1,410 USD26,515 USD
2011101.29 bn USD1,500 USD29,254 USD
2012113.14 bn USD1,668 USD28,198 USD
2013124.55 bn USD1,828 USD30,008 USD
2014121.76 bn USD1,779 USD30,677 USD
2015128.78 bn USD1,832 USD25,944 USD
2016126.31 bn USD1,789 USD26,287 USD
2017148.13 bn USD2,089 USD27,108 USD
2018171.81 bn USD2,416 USD28,543 USD
2019184.93 bn USD2,593 USD27,264 USD
2020225.44 bn USD3,154 USD30,919 USD
2021266.94 bn USD3,728 USD33,827 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Thailand       European Union

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