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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 2020 was between 12.1 billion and 224.6 billion USD. The highest level of the last years at 225 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 3,142 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.


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Gross debt of the last 22 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 USD11,232 USD
200129.57 bn USD465 USD11,255 USD
200240.38 bn USD630 USD12,258 USD
200341.19 bn USD638 USD15,286 USD
200442.18 bn USD649 USD17,595 USD
200546.18 bn USD706 USD18,327 USD
200651.58 bn USD784 USD18,877 USD
200759.44 bn USD898 USD20,898 USD
200864.08 bn USD963 USD24,086 USD
200975.49 bn USD1,129 USD25,361 USD
201094.76 bn USD1,410 USD26,496 USD
2011101.29 bn USD1,500 USD29,231 USD
2012113.14 bn USD1,668 USD28,174 USD
2013124.55 bn USD1,828 USD29,981 USD
2014121.76 bn USD1,779 USD30,648 USD
2015128.78 bn USD1,832 USD25,918 USD
2016126.31 bn USD1,789 USD26,261 USD
2017148.13 bn USD2,089 USD27,024 USD
2018171.86 bn USD2,416 USD28,448 USD
2019184.86 bn USD2,592 USD27,168 USD
2020224.56 bn USD3,142 USD30,783 USD


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



      Thailand       European Union


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