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.

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.

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 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 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.

In 2024, the GDP growth from the agricultural sector contracted by *** percent in Thailand. However, the GDP growth of the agriculture sector was forecast to grow by at most *** percent in 2025.

Key information about Thailand Real GDP Growth

• The Gross Domestic Product (GDP) in Thailand expanded 1.1 % YoY in Sep 2025, following a growth of 2.8 % in the previous quarter.
• Real GDP Growth YoY data in Thailand is updated quarterly, available from Mar 1994 to Sep 2025, with an average rate of 5.4 %.
• The data reached an all-time high of 15.3 % in Dec 2012 and a record low of -12.2 % in Jun 1998.

CEIC calculates Real GDP Growth from quarterly Real GDP. The Office of the National Economic and Social Development Council provides Real GDP in local currency, at chain linked 2002 prices.


Related information about Thailand Real GDP Growth

• In the latest reports, Nominal GDP of Thailand reached 144.8 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 1.1 % in Sep 2025.
• GDP Per Capita in Thailand reached 7,987.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 21.2 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 20.2 % in Sep 2025.
• Public Consumption accounted for 18.0 % in Sep 2025.
• Private Consumption accounted for 60.8 % in Sep 2025.

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.

The Gross Domestic Product per capita in Thailand was last recorded at 6573.44 US dollars in 2024. The GDP per Capita in Thailand is equivalent to 52 percent of the world's average. This dataset provides - Thailand GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

In 2024, the GDP from the forestry segment grew by *** percent in Thailand. The subsector was forecast to expand further by at most *** percent, contributing growth to the overall agricultural sector.

The gross domestic product (GDP) per capita in Thailand stood at 7,493.2 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 6,787.72 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 1,797.77 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Thailand Public Consumption: % of GDP

• Thailand Public Consumption accounted for 18.0 % of its Nominal GDP in Sep 2025, compared with a share of 16.8 % in the previous quarter.
• Thailand Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1993 to Sep 2025, with an average number of 16.2 %.
• The data reached an all-time high of 20.4 % in Sep 2021 and a record low of 10.0 % in Dec 1994.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Office of the National Economic and Social Development Council provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Thailand Public Consumption: % of GDP

• In the latest reports, Thailand GDP expanded 1.1 % YoY in Sep 2025.
• Thailand Nominal GDP reached 144.8 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 1.1 % in Sep 2025.
• Thailand GDP Per Capita reached 7,987.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 21.2 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 20.2 % in Sep 2025.
• Private Consumption accounted for 60.8 % in Sep 2025.

In 2024, the GDP from the fishery segment contracted by *** percent in Thailand. In the following year, it was forecast that the GDP from this segment would show a slight increase of *** percent.

Key information about Thailand Foreign Direct Investment: % of GDP

• Thailand Foreign Direct Investment (FDI) registered a growth equal to 4.9 % of the country's Nominal GDP in Jun 2025, compared with a growth equal to 2.4 % in the previous quarter.
• Thailand Foreign Direct Investment: % of Nominal GDP data is updated quarterly, available from Mar 1993 to Jun 2025.
• The data reached an all-time high of 9.0 % in Jun 1998 and a record low -8.0 % in Dec 2011.

CEIC calculates Foreign Direct Investment as % of Nominal GDP from quarterly Foreign Direct Investment and quarterly Nominal GDP. The Bank of Thailand provides Foreign Direct Investment in local currency based on BPM6. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency. Foreign Direct Investment prior to Q1 2005 is based on BPM5.


Related information about Thailand Foreign Direct Investment: % of GDP

• In the latest reports of Thailand, Current Account recorded a deficit of 1.8 USD bn in Oct 2025.
• Thailand Direct Investment Abroad expanded by 4.5 USD bn in Jun 2025.
• Its Foreign Portfolio Investment fell by 2.5 USD bn in Jun 2025.
• The country's Nominal GDP was reported at 144.8 USD bn in Sep 2025.

GDP from Public Administration in Thailand increased to 135060 THB Million in the third quarter of 2023 from 133989 THB Million in the second quarter of 2023. This dataset provides the latest reported value for - Thailand Gdp From Public Administration - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the GDP from the agricultural services segment contracted by *** percent in Thailand. The GDP from this subsector was forecast to increase further by *** percent in 2025, contributing to the agricultural sector in Thailand.

In 2024, the GDP from the livestock segment grew by *** percent in Thailand. In the following year, it was forecast that the GDP from this segment would show an increase of *** percent, thus contributing to growth in the agricultural sector.

Key information about Thailand Investment: % of GDP

• Thailand Investment accounted for 20.2 % of its Nominal GDP in Sep 2025, compared with a ratio of 20.6 % in the previous quarter.
• Thailand investment share of Nominal GDP data is updated quarterly, available from Mar 1993 to Sep 2025, with an average ratio of -4.9 %.
• The data reached an all-time high of 26.0 % in Nov 2022 and a record low of -7.1 % in Jun 1999.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation and Changes in Inventories. The Office of the National Economic and Social Development Council provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about Thailand Investment: % of GDP

• In the latest reports, Thailand GDP expanded 1.1 % YoY in Sep 2025.
• Thailand Nominal GDP reached 144.8 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 1.1 % in Sep 2025.
• Thailand GDP Per Capita reached 7,987.0 USD in Dec 2024.
• Its Gross Savings Rate was measured at 21.2 % in Sep 2025.

GDP from Manufacturing in Thailand increased to 691992 THB Million in the third quarter of 2023 from 677739 THB Million in the second quarter of 2023. This dataset provides the latest reported value for - Thailand Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.