The Gross Domestic Product (GDP) in Thailand was worth 526.41 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Thailand represents 0.50 percent of the world economy. This dataset provides the latest reported value for - Thailand GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In the fourth quarter of 2024, the service sector contributed ** percent to the economy in Thailand, making it the highest contributor compared to other sectors. In contrast, *********** was the sector with the lowest economic contribution.

The Gross Domestic Product (GDP) in Thailand contracted 0.60 percent in the third quarter of 2025 over the previous quarter. This dataset provides - Thailand GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the share of economic sectors in the gross domestic product (GDP) in Thailand from 2013 to 2023. In 2023, the share of agriculture in Thailand's gross domestic product was 8.58 percent, industry contributed approximately 32.89 percent and the services sector contributed about 58.54 percent.

The gross domestic product (GDP) in current prices in Thailand was 526.52 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 493.1 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 127.56 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The latest data from show economic growth of 1.2 percent, which is a decrease from the rate of growth of 2.8 percent in the previous quarter and
a decrease compared to the growth rate of 3 percent in the same quarter last year. The economic growth time series for Thailand cover the period from...

Thailand TH: GDP: Growth data was reported at 3.903 % in 2017. This records an increase from the previous number of 3.283 % for 2016. Thailand TH: GDP: Growth data is updated yearly, averaging 5.752 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 13.288 % in 1988 and a record low of -7.634 % in 1998. Thailand TH: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Key economic indicators including GDP, inflation, and interest rates

In 2024, the real gross domestic product (GDP) of Thailand grew at a rate of 2.54 percent compared to the previous year. The Thai economy Thailand relies less on agriculture and more on employment in the service sector, which is a sign of a more advanced economy. This development is also apparent in its GDP per capita, which is one of the highest in Southeast Asia. One aspect of a developed economy is that it is more diverse, and thus less exposed to economic shocks. This statistic reflects that robustness in its optimistic view of Thai GDP growth. Domestic factors Thailand has posted an incredibly low unemployment rate for several years, which suggests that the workforce matches the demand for labor remarkably well. Equally important, the inflation rate tends to be low and stable, though sometimes too low. If Thailand wants to realize the positive projections in this statistic, the inflation rate of the baht should be between 2 and 3 percent, according to most economists.

The Gross Domestic Product (GDP) in Thailand expanded 1.20 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Thailand GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Thailand Economic Monitor (TEM) reports on key developments in Thailand’s economy over the past six months, situates these changes in the context of global trends and Thailand’s longer-term economic trajectory, and updates Thailand’s economic and social welfare outlook. Each edition of the TEM also provides an in-depth examination of selected economic and policy issues and an analysis of Thailand’s medium-term development challenges. The TEM is intended for a wide audience, including policymakers, business leaders, financial-market participants, and the community of analysts and professionals engaged in Thailand’s evolving economy. The TEM is produced by the staff of the World Bank’s Bangkok office, consisting of Kiatipong Ariyapruchya, Arvind Nair (task team leaders), Phonthanat Uruhamanon, Ralph van Doorn, Mahama Samir Bandaogo, Harry Edmund Moroz, Francesca Lamanna, Judy Yang, Ratchada Anantavrasilpa, Ana Maria Aviles, Nikola Kojucharov, Smita Kuriakose, Wouter Schalken, Radu Tatucu and Sutayut Osornprasop. Birgit Hansl, Ndiame Diop, and Souleymane Coulibaly provided overall guidance. The team is grateful to, Andrew Blackman, Achim Schmillen and Ergys Islamaj for their constructive peer review comments. Clarissa Crisostomo David, Kanitha Kongrukgreatiyos and Buntarika Sangarun are responsible for external communications related to the TEM, as well as the production and design of this edition.

Full Year GDP Growth in Thailand increased to 2.50 percent in 2024 from 2 percent in 2023. This dataset includes a chart with historical data for Thailand Full Year GDP Growth.

Thailand TH: GDP: Growth: Imports of Goods and Services data was reported at -1.359 % in 2016. This records a decrease from the previous number of 0.004 % for 2015. Thailand TH: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 8.867 % from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 39.564 % in 1988 and a record low of -20.772 % in 2009. Thailand TH: GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Thailand: Economic freedom, overall index (0-100): The latest value from 2025 is 61 index points, an increase from 59 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for Thailand from 1995 to 2025 is 65 index points. The minimum value, 59 index points, was reached in 2024 while the maximum of 71 index points was recorded in 1995.

This report evaluates the macroeconomic and sector developments of Thailand during the recent decades. It recognizes that Thailand has been extremely successful in managing its economic policy and is now the world's fastest growing economy since the beginning of the 1980~^!!^s. After analyzing the major factors that positively influenced the economic growth, externalities, and the associated costs, this report identifies three major issues confronting policymakers in Thailand: (i) the sustainability of current economic progress; (ii) distribution of income and wealth; and (iii) the environmental impact associated with the deterioration of natural resources and general productive assets, and its effects on personal health resulting from air and water pollution. Finally, the report concludes that open economic policies have allowed Thailand to adjust quickly to changing international and domestic circumstances. Experience suggests that an appropriate institutional framework is in place and that the tradition of sound economic management in Thailand will permit a continuation of high economic growth well into the middle of the present decade that will help sustain social progress to the end of the century.

In 2020, the value of the internet economy in Thailand amounted to around ** billion U.S. dollars. This value is forecast to reach ** billion U.S. dollars in 2025. Thailand's internet economy value was projected to grow by seven percent from 2019 to 2025.

Thailand TH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: South Asia data was reported at 3.599 % in 2016. This records an increase from the previous number of 3.582 % for 2015. Thailand TH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: South Asia data is updated yearly, averaging 2.163 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 12.997 % in 1965 and a record low of 0.994 % in 1974. Thailand TH: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: South Asia data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Exports. Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

GDP Constant Prices in Thailand increased to 2750609 THB Million in the first quarter of 2024 from 2719737 THB Million in the fourth quarter of 2023. This dataset provides - Thailand GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic presents the results of a survey on Thailand's perceived and actual economic ranking among the world's top 200 countries as of October 2018. According to data published by Ipsos, Thai respondents underestimated their country's global economic ranking by far. On average, the respondents thought that Thailand´s GDP ranked number *** among top 200 countries, when actually Thailand was the **** largest economy in the world.

Merchandise exports by the reporting economy (current US$) in Thailand was reported at 280341416251 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Thailand - Merchandise exports by the reporting economy - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.