Thailand’s debt 43% of GDP at Bt6 trillion

THURSDAY, DECEMBER 22, 2016
Thailand’s debt 43% of GDP at Bt6 trillion

Theeraj Athanavanich, deputy director general of the Public Debt Management Office, reported that Thailand’s outstanding public debt on October 31 was Bt5.98 trillion – 42.71 per cent of gross domestic product. 

Of the figure, Bt4.49 trillion was government debt, Bt984.95 billion was non-financial state-owned enterprises (SOEs) debt, Bt487.04 came from the government guaranteeing SOEs debt and Bt21.3 billion was owed by other government agencies. 
Compared with the total debt on September 30, the debt level had decreased Bt3.2 billion.