Debt service as a share of exports of good and services in Thailand
Thailand: Debt service as a share of exports of good and services was 1.5% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Thailand, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Thailand recorded 1.5% for debt service as a share of exports of good and services in 2023.
Compared with earlier readings it is up 156.9% on the previous year and up 84.0% over ten years.
Over the whole period, debt service as a share of exports of good and services in Thailand peaked at 10.6% in 2002 and was at its lowest, 0.3%, in 2017.
Thailand ranks 110th of 116 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 share of exports of good and services in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.8% | — |
| 2001 | 8.2% | +41.7% |
| 2002 | 10.6% | +29.7% |
| 2003 | 8.0% | -25.0% |
| 2004 | 4.2% | -47.4% |
| 2005 | 2.4% | -43.4% |
| 2006 | 2.0% | -14.3% |
| 2007 | 1.1% | -45.3% |
| 2008 | 1.3% | +15.3% |
| 2009 | 0.6% | -56.2% |
| 2010 | 0.4% | -23.2% |
| 2011 | 0.5% | +25.6% |
| 2012 | 0.4% | -25.9% |
| 2013 | 0.8% | +102.5% |
| 2014 | 0.7% | -11.1% |
| 2015 | 0.8% | +6.9% |
| 2016 | 0.3% | -63.6% |
| 2017 | 0.3% | -3.6% |
| 2018 | 0.5% | +85.2% |
| 2019 | 0.7% | +38.0% |
| 2020 | 2.5% | +266.7% |
| 2021 | 0.4% | -84.2% |
| 2022 | 0.6% | +45.0% |
| 2023 | 1.5% | +156.9% |
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 share of exports of good and services in Thailand?
- Debt service as a share of exports of good and services in Thailand was 1.5% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Thailand?
- The highest recorded value was 10.6% in 2002.
- What is the lowest debt service as a share of exports of good and services recorded in Thailand?
- The lowest recorded value was 0.3% in 2017.
- How does Thailand rank for debt service as a share of exports of good and services?
- Thailand ranks 110th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Thailand?
- Over the last ten years it is up 84.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).