Prices & public finance · East Asia & Pacific · Upper-middle income
Thailand: prices, money and public finance
Inflation is -0.1% (2025), 169th of 180 in the world and 24th of 27 in East Asia & Pacific. GDP deflator is -0.9% (2025), 192nd of 209 in the world and 32nd of 36 in East Asia & Pacific. Lending rate is 5.0% (2025), 118th of 136 in the world and 18th of 24 in East Asia & Pacific.
Inflation
ThailandEast Asia & PacificUpper-middle incomeWorld
GDP deflator
ThailandEast Asia & PacificUpper-middle incomeWorld
14 indicators
Prices & public finance: Thailand in detail
Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | -0.1%2025 | 169/180 | 24/27 | 1.6% | 3.2% | -0.8% | +0.8 ppsince 2015 | 2.0% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | -0.9%2025 | 192/209 | 32/36 | 1.3% | 4.1% | -1.3% | −1.6 ppsince 2015 | 2.5% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 5.0%2025 | 118/136 | 18/24 | 7.8% | 4.3% | 3.3% | +0.3 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 5.9%2025 | 55/136 | 9/24 | 6.4% | 0.2% | 4.6% | +1.9 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 32.882025 | 87/210 | 13/36 | 40.11 | 31.69 | 31.29 | −4.0%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 15.2%2024 | 83/142 | 16/25 | 13.0% | 14.9% | 15.2% | −1.3 ppsince 2014 | 10.8% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 20.2%2024 | 93/142 | 17/25 | 15.5% | 19.0% | 20.1% | −0.1 ppsince 2014 | 17.6% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 20.7%2023 | 96/142 | 16/25 | 13.5% | 17.4% | 22.8% | +0.9 ppsince 2013 | — | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 61.9%2024 | 27/78 | 5/17 | 22.0% | 26.9% | 50.3% | +26.5 ppsince 2014 | — | — | — | |
| External debtExternal debt stocks, % of GNI | 37.5%2024 | 74/119 | 8/16 | 64.4% | 32.8% | 38.2% | −0.5 ppsince 2014 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 143.1%2025 | 9/169 | 6/25 | · | 115.7% | 160.2% | −6.3 ppsince 2015 | 175.5% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 141.0%2024 | 9/146 | 7/24 | 111.2% | 109.0% | 146.6% | +13.9 ppsince 2014 | 211.5% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 8.12025 | 25/165 | 8/24 | 5.1 | 9.1 | 12.2 | +9.5%since 2015 | 11.1 | 9.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 1.04%2025 | 113/156 | 15/18 | 1.49% | 1.52% | 1.46% | −0.3 ppsince 2015 | 1.72% | 1.87% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- External debt−0.5 pp37.5% in 2024
- Reserves, months of imports+9.5%8.1 in 2025
Worse than ten years ago
- Inflation+0.8 pp-0.1% in 2025
- Government debt+26.5 pp61.9% in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Thailand and its neighbours
Countries sharing a land border with Thailand. Latest values since 2005; the highest in each row is marked.
| Indicator | Thailand | Myanmar | Malaysia | Cambodia | Laos |
|---|---|---|---|---|---|
| Inflation | -0.1%2025 | 8.8%2019 | 1.4%2025 | 2.4%2025 | 7.7%2025 |
| GDP deflator | -0.9%2025 | 12.5%2025 | -0.4%2025 | 3.5%2025 | 7.5%2025 |
| Lending rate | 5.0%2025 | 14.8%2020 | 4.8%2025 | — | 22.6%2010 |
| Real interest rate | 5.9%2025 | 9.0%2020 | 5.3%2025 | — | 12.3%2010 |
| Exchange rate | 32.882025 | 1,381.622020 | 4.282025 | 4,013.432025 | 20,444.142025 |
| Tax revenue | 15.2%2024 | 6.0%2019 | 12.4%2024 | 12.2%2023 | 12.1%2022 |
| Government revenue | 20.2%2024 | 14.4%2019 | 16.8%2024 | 13.8%2023 | 13.9%2022 |
| Government expense | 20.7%2023 | 13.8%2019 | 17.0%2023 | 12.9%2023 | 10.3%2022 |
| Government debt | 61.9%2024 | — | 64.6%2024 | 50.3%2023 | — |