Debt service as a proportion of exports of goods, services and in Thailand
Thailand: Debt service as a proportion of exports of goods, services and was 1.5% in 2023. ◆ Volatile
Latest (2023)
1.5%
Change on year
up 157.2%
World rank
119th
of 125 countries
All-time high
10.6%
in 2002
All-time low
0.3%
in 2017
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Thailand, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Thailand recorded 1.5% for debt service as a proportion of exports of goods, services and in 2023.
Compared with earlier readings it is up 157.2% on the previous year and up 84.4% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Thailand peaked at 10.6% in 2002 and was at its lowest, 0.3%, in 2017.
Thailand ranks 119th of 125 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.8% | — |
| 2001 | 8.2% | +41.6% |
| 2002 | 10.6% | +29.7% |
| 2003 | 8.0% | -25.0% |
| 2004 | 4.2% | -47.4% |
| 2005 | 2.4% | -43.4% |
| 2006 | 2.0% | -14.2% |
| 2007 | 1.1% | -45.6% |
| 2008 | 1.3% | +15.3% |
| 2009 | 0.6% | -56.3% |
| 2010 | 0.4% | -22.1% |
| 2011 | 0.5% | +24.2% |
| 2012 | 0.4% | -25.8% |
| 2013 | 0.8% | +101.4% |
| 2014 | 0.7% | -10.8% |
| 2015 | 0.8% | +7.5% |
| 2016 | 0.3% | -63.6% |
| 2017 | 0.3% | -3.7% |
| 2018 | 0.5% | +82.7% |
| 2019 | 0.7% | +39.4% |
| 2020 | 2.5% | +266.5% |
| 2021 | 0.4% | -84.4% |
| 2022 | 0.6% | +46.0% |
| 2023 | 1.5% | +157.2% |
Thailand compared with similar countries
- Thailand's 1.5% is below the median for upper middle income countries, which is 7.6%, 19% of the median. (49 countries reporting)
- Thailand's 1.5% is below the median for East Asia & Pacific, which is 4.7%, 31% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.4% | 0.6% | 10.6% | 10 |
| 2010s | 0.5% | 0.3% | 0.8% | 10 |
| 2020s | 1.2% | 0.4% | 2.5% | 4 |
Countries ranked near Thailand
More economy & growth data for Thailand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 9.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0162 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 130.33 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.84 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 31.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0327 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 263.07 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.13 % change on previous year (2025)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Thailand?
- Debt service as a proportion of exports of goods, services and in Thailand was 1.5% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Thailand?
- The highest recorded value was 10.6% in 2002.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Thailand?
- The lowest recorded value was 0.3% in 2017.
- How does Thailand rank for debt service as a proportion of exports of goods, services and?
- Thailand ranks 119th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Thailand?
- Over the last ten years it is up 84.4%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
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