Credit to government and state-owned enterprises to GDP in Thailand

Thailand: Credit to government and state-owned enterprises to GDP was 19.0% in 2020. ▲ Rising

Latest (2020)
19.0%
Change on year
up 46.2%
World rank
49th
of 178 countries
All-time high
19.3%
in 1986
All-time low
4.9%
in 1997
Years of data
41
1980–2020

Credit to government and state-owned enterprises to GDP in Thailand, 1980–2020

51015201980200020201980: 10.4 %1981: 10.5 %1982: 12.5 %1983: 12 %1984: 15.2 %1985: 15.6 %1986: 19.3 %1987: 18.4 %1988: 16.7 %1989: 14.5 %1990: 12 %1991: 10.3 %1992: 8.6 %1993: 8.3 %1994: 6.8 %1995: 5.9 %1996: 5.5 %1997: 4.9 %1998: 9.9 %1999: 14.5 %2000: 15.4 %2001: 16.3 %2002: 16.6 %2003: 16.1 %2004: 14.7 %2005: 13 %2006: 11.6 %2007: 10.6 %2008: 10.1 %2009: 12.4 %2010: 11.9 %2011: 11.7 %2012: 12.9 %2013: 12.4 %2014: 13.7 %2015: 14.6 %2016: 12.7 %2017: 13 %2018: 13.2 %2019: 13 %2020: 19 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

Thailand recorded 19.0% for credit to government and state-owned enterprises to gdp in 2020.

The figure is up 46.2% on the previous year and up 59.4% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in Thailand peaked at 19.3% in 1986 and was at its lowest, 4.9%, in 1997.

Thailand ranks 49th of 178 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 41 years of available data.

Credit to government and state-owned enterprises to GDP in Thailand, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in Thailand, 1980 to 2020.
Year % Change
1980 10.4%
1981 10.5% +0.4%
1982 12.5% +18.9%
1983 12.0% -3.9%
1984 15.2% +26.9%
1985 15.6% +2.7%
1986 19.3% +23.6%
1987 18.4% -4.5%
1988 16.7% -9.6%
1989 14.5% -12.8%
1990 12.0% -17.5%
1991 10.3% -13.9%
1992 8.6% -16.6%
1993 8.3% -4.1%
1994 6.8% -18.1%
1995 5.9% -13.2%
1996 5.5% -6.0%
1997 4.9% -11.9%
1998 9.9% +102.7%
1999 14.5% +46.8%
2000 15.4% +6.4%
2001 16.3% +5.6%
2002 16.6% +2.2%
2003 16.1% -2.9%
2004 14.7% -9.1%
2005 13.0% -11.4%
2006 11.6% -11.0%
2007 10.6% -8.5%
2008 10.1% -4.6%
2009 12.4% +22.7%
2010 11.9% -3.9%
2011 11.7% -1.9%
2012 12.9% +10.6%
2013 12.4% -3.9%
2014 13.7% +10.4%
2015 14.6% +6.8%
2016 12.7% -13.2%
2017 13.0% +2.3%
2018 13.2% +1.6%
2019 13.0% -1.7%
2020 19.0% +46.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 14.5% 10.4% 19.3% 10
1990s 8.6% 4.9% 14.5% 10
2000s 13.7% 10.1% 16.6% 10
2010s 12.9% 11.7% 14.6% 10
2020s 19.0% 19.0% 19.0% 1

Countries ranked near Thailand

  1. 46 Mexico 19.9% compare
  2. 47 Mozambique 19.7% compare
  3. 48 United States of America 19.6% compare
  4. 50 Togo 18.9% compare
  5. 51 Saint Kitts and Nevis 18.5% compare
  6. 52 Myanmar 18.5% compare

See the full ranking of 178 places →

More financial sector data for Thailand

All data for Thailand →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in Thailand?
Credit to government and state-owned enterprises to gdp in Thailand was 19.0% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in Thailand?
The highest recorded value was 19.3% in 1986.
What is the lowest credit to government and state-owned enterprises to gdp recorded in Thailand?
The lowest recorded value was 4.9% in 1997.
How does Thailand rank for credit to government and state-owned enterprises to gdp?
Thailand ranks 49th out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in Thailand?
Over the last ten years it is up 59.4%. The long-run trend across the full record is rising.
Where does this Thailand data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in Thailand. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/thailand/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).