Share of government expenditure going to interest payments in Thailand

Thailand: Share of government expenditure going to interest payments was 5.49 in 2023. ◆ Volatile

Latest (2023)
5.49
Change on year
down 4.9%
World rank
87th
of 152 countries
All-time high
19.65
in 1988
All-time low
1.12
in 1998
Years of data
52
1972–2023

Share of government expenditure going to interest payments in Thailand, 1972–2023

05101520197219972023

Source: Our World in Data.

Analysis

In 2023, share of government expenditure going to interest payments in Thailand stood at 5.49.

That represents a change of down 4.9% on the previous year and down 1.3% over ten years.

Over the whole period, share of government expenditure going to interest payments in Thailand peaked at 19.65 in 1988 and was at its lowest, 1.12, in 1998.

Thailand ranks 87th of 152 countries on this measure, in the middle of the range.

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

Share of government expenditure going to interest payments in Thailand, year by year

Annual values for Share of government expenditure going to interest payments in Thailand, 1972 to 2023.
Year Value Change
1972 10.44
1973 10.62 +1.8%
1974 10.99 +3.4%
1975 9.79 -10.9%
1976 7.88 -19.5%
1977 8.45 +7.2%
1978 8.36 -1.0%
1979 9.47 +13.2%
1980 9.51 +0.4%
1981 11.81 +24.1%
1982 12.08 +2.3%
1983 14.97 +23.9%
1984 15.32 +2.4%
1985 17.09 +11.6%
1986 18.91 +10.6%
1987 19.05 +0.7%
1988 19.65 +3.1%
1989 18.98 -3.4%
1990 15.64 -17.6%
1991 12.08 -22.7%
1992 9.1 -24.7%
1993 6.81 -25.1%
1994 5.15 -24.4%
1995 3.07 -40.4%
1996 1.96 -36.3%
1997 2.47 +26.0%
1998 1.12 -54.5%
1999 4.78 +325.5%
2000 8.51 +78.2%
2001 7.57 -11.0%
2002 6.15 -18.8%
2003 7.2 +17.2%
2004 7.9 +9.7%
2005 7.79 -1.4%
2006 8.91 +14.4%
2007 6.21 -30.3%
2008 5.42 -12.7%
2009 5.49 +1.2%
2010 6.7 +22.2%
2011 6.08 -9.4%
2012 6.07 -0.1%
2013 5.56 -8.4%
2014 5.53 -0.6%
2015 5.08 -8.1%
2016 4.22 -17.0%
2017 5.27 +24.9%
2018 5.27 +0.1%
2019 5.35 +1.5%
2020 4.23 -21.0%
2021 4.89 +15.7%
2022 5.77 +18.0%
2023 5.49 -4.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.5 7.88 10.99 8
1980s 15.74 9.51 19.65 10
1990s 6.22 1.12 15.64 10
2000s 7.12 5.42 8.91 10
2010s 5.51 4.22 6.7 10
2020s 5.09 4.23 5.77 4

Countries ranked near Thailand

  1. 84 Georgia 5.86 compare
  2. 85 Ukraine 5.8 compare
  3. 86 Portugal 5.73 compare
  4. 88 Belarus 5.39 compare
  5. 89 Central African Republic 5.17 compare
  6. 90 Tunisia 5.1 compare

See the full ranking of 152 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is share of government expenditure going to interest payments in Thailand?
Share of government expenditure going to interest payments in Thailand was 5.49 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Thailand?
The highest recorded value was 19.65 in 1988.
What is the lowest share of government expenditure going to interest payments recorded in Thailand?
The lowest recorded value was 1.12 in 1998.
How does Thailand rank for share of government expenditure going to interest payments?
Thailand ranks 87th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Thailand?
Over the last ten years it is down 1.3%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Thailand. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/thailand/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed