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.
In 2023, the manufacturing sector contributed to Thailand's gross domestic product (GDP) the most with approximately 4.4 trillion Thai baht, followed by the wholesale and retail trade sector with a GDP contribution of 2.8 trillion Thai baht. In that same year, the total GDP in Thailand amounted to around 17.52 trillion Thai baht.
In the fourth quarter of 2024, the service sector contributed 38 percent to the economy in Thailand, making it the highest contributor compared to other sectors. In contrast, real estate was the sector with the lowest economic contribution.
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Thailand TH: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 27.068 % in 2017. This records a decrease from the previous number of 27.391 % for 2016. Thailand TH: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 25.882 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 31.072 % in 2010 and a record low of 12.537 % in 1960. Thailand TH: GDP: % of GDP: Gross Value Added: Industry: Manufacturing 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: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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Thailand GDP Composition by Sector, 2016 Discover more data with ReportLinker!
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Thailand GDP: Non Agriculture (NA) data was reported at 13,297,882.000 THB mn in 2016. This records an increase from the previous number of 12,511,139.000 THB mn for 2015. Thailand GDP: Non Agriculture (NA) data is updated yearly, averaging 5,720,864.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 13,297,882.000 THB mn in 2016 and a record low of 2,037,494.000 THB mn in 1990. Thailand GDP: Non Agriculture (NA) data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A009: SNA1993: GDP: by Industry: Current Price (Annual). Based on classification TSIC 2009
In 2024, the imports of goods and services in Thailand was estimated to increase by 4.4 percent. The spending of medium and high income consumers in Thailand and tourism contributed greatly to the economic recovery in Thailand.
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Thailand TH: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 40.709 % in 2015. This stayed constant from the previous number of 40.709 % for 2014. Thailand TH: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 40.668 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 46.378 % in 2006 and a record low of 20.685 % in 1993. Thailand TH: GDP: % of Manufacturing: Medium and High Tech Industry 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: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;
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The Gross Domestic Product (GDP) in Thailand expanded 3.20 percent in the fourth quarter of 2024 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.
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Thailand TH: GDP: Growth: Gross Value Added: Industry data was reported at 1.585 % in 2017. This records a decrease from the previous number of 2.866 % for 2016. Thailand TH: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 8.186 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 17.482 % in 1989 and a record low of -11.276 % in 1998. Thailand TH: GDP: Growth: Gross Value Added: Industry 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 for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
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Thailand TH: GDP: % of GDP: Gross Fixed Capital Formation: Private Sector data was reported at 17.580 % in 2016. This records a decrease from the previous number of 18.241 % for 2015. Thailand TH: GDP: % of GDP: Gross Fixed Capital Formation: Private Sector data is updated yearly, averaging 18.925 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 34.413 % in 1991 and a record low of 11.281 % in 1999. Thailand TH: GDP: % of GDP: Gross Fixed Capital Formation: Private Sector 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: Share of GDP. Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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Thailand TH: GDP: % of GDP: Gross Value Added: Industry data was reported at 35.033 % in 2017. This records a decrease from the previous number of 35.778 % for 2016. Thailand TH: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 34.806 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 40.013 % in 2010 and a record low of 18.516 % in 1960. Thailand TH: GDP: % of GDP: Gross Value Added: Industry 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: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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Thailand GDP: NA: Real Estate Activities data was reported at 352,981.000 THB mn in 2016. This records an increase from the previous number of 332,488.000 THB mn for 2015. Thailand GDP: NA: Real Estate Activities data is updated yearly, averaging 240,763.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 352,981.000 THB mn in 2016 and a record low of 64,807.000 THB mn in 1990. Thailand GDP: NA: Real Estate Activities data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A009: SNA1993: GDP: by Industry: Current Price (Annual).
In 2024, the GDP growth from the agricultural sector contracted by 1.1 percent in Thailand. However, the GDP growth of the agriculture sector was forecast to grow by at most 2.8 percent in 2025.
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Thailand GDP: NA: Arts, Entertainment & Recreation data was reported at 81,156.000 THB mn in 2016. This records an increase from the previous number of 70,145.000 THB mn for 2015. Thailand GDP: NA: Arts, Entertainment & Recreation data is updated yearly, averaging 29,256.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 81,156.000 THB mn in 2016 and a record low of 11,217.000 THB mn in 1992. Thailand GDP: NA: Arts, Entertainment & Recreation data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A009: SNA1993: GDP: by Industry: Current Price (Annual).
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Thailand GDP: NA: Mfg: Motor Vehicles, Trailers & Semi-Trailers data was reported at 341,780.000 THB mn in 2017. This records an increase from the previous number of 326,886.000 THB mn for 2016. Thailand GDP: NA: Mfg: Motor Vehicles, Trailers & Semi-Trailers data is updated yearly, averaging 119,127.500 THB mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 341,780.000 THB mn in 2017 and a record low of 29,926.000 THB mn in 1998. Thailand GDP: NA: Mfg: Motor Vehicles, Trailers & Semi-Trailers data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A009: SNA1993: GDP: by Industry: Current Price (Annual).
Contribution of travel and tourism to GDP (% of GDP) of Thailand grew by 1.44% from 21.6 % in 2018 to 21.9 % in 2019. Since the 3.34% dip in 2014, contribution of travel and tourism to GDP (% of GDP) soared by 24.91% in 2019. The share of Travel & Tourism spending or employment in the equivalent economy-wide concept in the published national income accounts or labour market statistics. Visitor exports are compared with exports of all goods and services Domestic Travel & Tourism spending is compared with GDP Government individual Travel & Tourism spending is compared with total government spending Internal Travel & Tourism consumption is compared with total internal consumption (i.e. total domestic spending plus total export) Leisure Travel & Tourism contribution to GDP is compared with total GDP Business Travel & Tourism contribution to GDP is compared with total GDP Travel & Tourism capital investment spending is compared with all fixed investment spending
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GDP from Transport in Thailand increased to 175094 THB Million in the first quarter of 2024 from 168920 THB Million in the fourth quarter of 2023. This dataset provides the latest reported value for - Thailand Gdp From Transport - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Thailand TH: GDP: Gross Fixed Capital Formation: Private Sector data was reported at 2,555,056.000 THB mn in 2016. This records an increase from the previous number of 2,507,553.000 THB mn for 2015. Thailand TH: GDP: Gross Fixed Capital Formation: Private Sector data is updated yearly, averaging 747,700.027 THB mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 2,607,563.000 THB mn in 2012 and a record low of 24,600.000 THB mn in 1970. Thailand TH: GDP: Gross Fixed Capital Formation: Private Sector 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: Nominal. Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
In 2024, the construction sector contributed over 448 billion Thai baht to Thailand's GDP. Such value also increased in recent years. In that same year, Thailand's service industries' total GDP amounted to over 11 trillion Thai baht. Construction works in the public sector The construction industry in Thailand is dominated by the public sector, in which the government directly invests in construction projects or jointly invests with private enterprises for the public benefit such as utility projects, schools, hospitals, and infrastructure for trains, bridges, and other buildings. In 2023, the investment value of the construction industry in the public sector of Thailand slightly decreased from the previous year. Construction works in the private sector As for construction in the private sector, it also contributes a great deal to the industry in Thailand. The country’s construction works in the private sector include residences, commercial buildings, and industrial factories. In 2023, there were around 2.1 thousand newly established factories in Thailand. However, unlike construction in the public sector, the market value of the private sector rose slightly in 2023 compared to the previous year.
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.