Total debt service in Thailand

Thailand: Total debt service was 8.3% in 2023. ◆ Volatile

Latest (2023)
8.3%
Change on year
up 47.3%
World rank
22nd
of 119 countries
All-time high
17.4%
in 2001
All-time low
1.9%
in 1974
Years of data
54
1970–2023

Total debt service in Thailand, 1970–2023

051015197019962023

Source: UNESCO Institute for Statistics. Measured in % of GNI.

Analysis

Thailand recorded 8.3% for total debt service in 2023.

Compared with earlier readings it is up 47.3% on the previous year and up 119.6% over ten years.

Over the whole period, total debt service in Thailand peaked at 17.4% in 2001 and was at its lowest, 1.9%, in 1974.

Thailand ranks 22nd of 119 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Total debt service in Thailand, year by year

Annual values for Total debt service (% of GNI) in Thailand, 1970 to 2023.
Year % of GNI Change
1970 2.3%
1971 2.7% +16.0%
1972 2.2% -16.4%
1973 2.5% +10.5%
1974 1.9% -25.0%
1975 2.4% +29.5%
1976 2.2% -7.0%
1977 2.9% +29.8%
1978 4.5% +56.5%
1979 4.8% +6.7%
1980 5.0% +4.1%
1981 5.5% +8.5%
1982 5.4% -1.5%
1983 5.6% +3.4%
1984 6.5% +16.4%
1985 8.5% +31.6%
1986 8.7% +1.5%
1987 7.0% -19.5%
1988 7.2% +3.9%
1989 6.2% -14.7%
1990 6.3% +2.1%
1991 5.1% -19.4%
1992 5.4% +6.4%
1993 5.1% -5.9%
1994 5.5% +7.6%
1995 5.2% -5.3%
1996 5.3% +3.2%
1997 8.1% +51.8%
1998 11.7% +43.9%
1999 13.2% +13.3%
2000 11.3% -14.5%
2001 17.4% +53.6%
2002 15.2% -12.4%
2003 10.3% -32.2%
2004 7.8% -24.5%
2005 10.0% +28.1%
2006 6.9% -31.2%
2007 8.7% +26.3%
2008 6.2% -29.0%
2009 4.7% -24.0%
2010 3.4% -28.3%
2011 2.9% -13.5%
2012 4.1% +40.1%
2013 3.8% -7.3%
2014 7.0% +86.5%
2015 5.1% -26.7%
2016 3.8% -26.4%
2017 3.7% -3.3%
2018 4.2% +14.3%
2019 6.2% +46.8%
2020 4.6% -25.4%
2021 3.3% -27.3%
2022 5.6% +68.3%
2023 8.3% +47.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.8% 1.9% 4.8% 10
1980s 6.5% 5.0% 8.7% 10
1990s 7.1% 5.1% 13.2% 10
2000s 9.8% 4.7% 17.4% 10
2010s 4.4% 2.9% 7.0% 10
2020s 5.5% 3.3% 8.3% 4

Countries ranked near Thailand

  1. 19 Senegal 9.0% compare
  2. 20 Maldives 8.6% compare
  3. 21 Laos 8.4% compare
  4. 23 Uzbekistan 8.2% compare
  5. 24 Colombia 8.0% compare
  6. 25 Kyrgyzstan 7.9% compare

See the full ranking of 119 places →

More population data for Thailand

All data for Thailand →

Frequently asked questions

What is total debt service in Thailand?
Total debt service in Thailand was 8.3% in 2023, according to UNESCO Institute for Statistics.
What is the highest total debt service recorded in Thailand?
The highest recorded value was 17.4% in 2001.
What is the lowest total debt service recorded in Thailand?
The lowest recorded value was 1.9% in 1974.
How does Thailand rank for total debt service?
Thailand ranks 22nd out of 119 countries with data for 2023.
Is total debt service rising or falling in Thailand?
Over the last ten years it is up 119.6%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.

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Total debt service in Thailand. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 27 August 2026, from https://population.statizoid.com/stat/total-debt-service-percent-of-gni-2/thailand/

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About this data

Indicator
Total debt service (% of GNI)
Unit
% of GNI
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 5,373 data points, 1970–2023
Last refreshed

February 2026 Data Release