The gross domestic product (GDP) in current prices in Thailand was about 526.41 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 492.99 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 114.08 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 expanded 3.10 percent in the first 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 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.

Thailand’s gross domestic product (GDP) grew at a rate of 2.53 percent in 2024. 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.

GDP, billion currency units in Thailand, March, 2025 The most recent value is 4744.03 billion Thai Baht as of Q1 2025, a decline compared to the previous value of 4823.23 billion Thai Baht. Historically, the average for Thailand from Q1 1993 to Q1 2025 is 2574.68 billion Thai Baht. The minimum of 782.21 billion Thai Baht was recorded in Q2 1993, while the maximum of 4823.23 billion Thai Baht was reached in Q4 2024. | TheGlobalEconomy.com

The gross domestic product (GDP) per capita in Thailand was estimated at about 7.49 thousand U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by approximately 6.79 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around 1.61 thousand 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).

The Gross Domestic Product (GDP) in Thailand expanded 0.70 percent in the first 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 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.

Investment as percent of GDP in Thailand, March, 2025 The most recent value is 22.99 percent as of Q1 2025, an increase compared to the previous value of 22.64 percent. Historically, the average for Thailand from Q1 1993 to Q1 2025 is 26.29 percent. The minimum of 18.47 percent was recorded in Q1 1999, while the maximum of 43.65 percent was reached in Q4 1996. | TheGlobalEconomy.com

The latest data from show economic growth of 3.1 percent, which is a decrease from the rate of growth of 3.3 percent in the previous quarter and
an increase compared to the growth rate of 1.7 percent in the same quarter last year. The economic growth time series for Thailand cover the period...

In 2024, the GDP from the crops segment in Thailand contracted by 1.7 percent. However, the sector was forecasted to grow by 3.6 percent, contributing to the overall agricultural industry in the coming year.

Consumption as percent of GDP in Thailand, March, 2025 The most recent value is 56.26 percent as of Q1 2025, a decline compared to the previous value of 56.8 percent. Historically, the average for Thailand from Q1 1993 to Q1 2025 is 53.15 percent. The minimum of 46.57 percent was recorded in Q1 2018, while the maximum of 60.85 percent was reached in Q2 2024. | TheGlobalEconomy.com

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 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.

GDP (current US$) in Thailand was reported at 526411265428 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Thailand - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.

In 2024, the wholesale and retail trade sector of micro, small, and medium enterprises (MSMEs) was estimated to have a GDP growth of 5.4 percent, accounting for the highest growth rate among other industries in Thailand. In comparison, the agriculture sector's output contracted by 1.7 percent.

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 the fiscal year 2025, central government expenditure accounted for almost ** percent of the GDP in Thailand, indicating an increase from the previous year. The Thai government expenditure is composed of the compensation of employees, the use of goods and services, and the consumption of fixed capital, among other things. Expenditures of the central government in Thailand Thailand’s national budget for the 2026 fiscal year was set at around *** trillion Thai baht, compared to approximately *** trillion Thai baht in the previous year. As the economy improves, the government focuses more on addressing household debt. In 2024, the value of public debt in Thailand accounted for over **** trillion Thai baht and has been rising over the years. Government expenditure distribution The Thai government’s expenditure budget can be categorized into groups, according to Thailand’s Budget Procedure Act B.E. **** (2018). These include central fund, expenditure for budget-receiving agencies, integrated budget, public sector personnel, revolving funds, public sector debt repayments, and replenishment of treasury account and reserve fund. The budget-receiving agencies refer to various government organizations, ranging from the Ministry of Finance, local authorities, the Thai Red Cross Society, to royal agencies.