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 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 2023, the manufacturing sector contributed to Thailand's gross domestic product (GDP) the most with approximately *** trillion Thai baht, followed by the wholesale and retail trade sector with a GDP contribution of *** trillion Thai baht. In that same year, the total GDP in Thailand amounted to around ***** trillion Thai baht.

In 2019, the GDP contribution of private consumption was estimated at ** percent in Thailand, accounting for the largest share. In that year, Thailand's GDP was predicted to be approximately *** billion U.S. dollars.

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.

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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.

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.

Thailand TH: GDP: Real: Discrepancy data was reported at 194,835.000 THB mn in 2016. This records an increase from the previous number of 95,231.000 THB mn for 2015. Thailand TH: GDP: Real: Discrepancy data is updated yearly, averaging -45,455.513 THB mn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 195,599.000 THB mn in 2013 and a record low of -301,231.000 THB mn in 1994. Thailand TH: GDP: Real: Discrepancy 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: Real. A statistical discrepancy usually arises when the GDP components are estimated independently by industrial origin and by expenditure categories. This item represents the discrepancy in the use of resources (i.e., the estimate of GDP by expenditure categories). Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

GDP from Agriculture in Thailand increased to 171418 THB Million in the fourth quarter of 2023 from 170976 THB Million in the third quarter of 2023. This dataset provides the latest reported value for - Thailand Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

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.

Thailand TH: GDP: % of Manufacturing: Textiles and Clothing data was reported at 6.767 % in 2011. This records a decrease from the previous number of 8.813 % for 2006. Thailand TH: GDP: % of Manufacturing: Textiles and Clothing data is updated yearly, averaging 12.974 % from Dec 1968 (Median) to 2011, with 23 observations. The data reached an all-time high of 29.664 % in 1990 and a record low of 6.767 % in 2011. Thailand TH: GDP: % of Manufacturing: Textiles and Clothing 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. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Textiles and clothing correspond to ISIC divisions 17-19.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

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.

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.

Thailand TH: GDP: USD: Net Income from Abroad data was reported at -19.806 USD bn in 2017. This records a decrease from the previous number of -19.332 USD bn for 2016. Thailand TH: GDP: USD: Net Income from Abroad data is updated yearly, averaging -950.076 USD mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 9.615 USD mn in 1970 and a record low of -26.866 USD bn in 2013. Thailand TH: GDP: USD: Net Income from Abroad 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: Nominal. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Thailand TH: GDP: Net Income from Abroad data was reported at -672,218.000 THB mn in 2017. This records an increase from the previous number of -682,355.000 THB mn for 2016. Thailand TH: GDP: Net Income from Abroad data is updated yearly, averaging -24,219.025 THB mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 200.000 THB mn in 1970 and a record low of -825,489.000 THB mn in 2013. Thailand TH: GDP: Net Income from Abroad 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. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

In 2022, the tourism industry contributed around **** percent to Thailand's GDP, which increased from the previous year. In that same period, the total value of Thailand's GDP was almost ************ billion U.S. dollars. ​ Thailand's tourism industry has been heavily affected by the COVID-19 pandemic. However, it is currently recovering after the government relaxed COVID-19 regulations and promoted tourism. The economic contribution of travel and tourism in Thailand Thailand is recognized as one of the most popular tourist destinations worldwide. ​Travel and tourism play a significant role in supporting Thailand's economy. In 2022, these industries' contribution to the country’s GDP reached over one trillion Thai baht. Thailand's tourism industry also provided nearly ***** million jobs in the country, ranking fifth in terms of the highest number of people employed in the tourism industry in the Asia-Pacific region in 2022. Inbound tourism in Thailand Thailand's economy relies heavily on international tourism. The tourist economy of the country has been recovering steadily since the country allowed international tourist arrivals again in 2022. In 2023, Thailand welcomed around ** million international tourists, which was more than double the previous year. ​In that same year, the total revenue generated by international tourist arrivals in the country reached more than one hundred billion Thai baht on a nearly monthly basis, giving the country a total revenue of over one trillion Thai baht for the entire year.

Exports in Thailand increased to 23384.86 USD Million in February from 22649.88 USD Million in January of 2024. This dataset provides - Thailand Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Thailand GDP: GFCF: Machinery and Other Equipment (MO) data was reported at 2,368,710.891 THB mn in 2017. This records an increase from the previous number of 2,234,410.645 THB mn for 2016. Thailand GDP: GFCF: Machinery and Other Equipment (MO) data is updated yearly, averaging 1,069,137.500 THB mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 2,368,710.891 THB mn in 2017 and a record low of 468,308.000 THB mn in 1990. Thailand GDP: GFCF: Machinery and Other Equipment (MO) 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.A027: SNA1993: GDP: Gross Fixed Capital Formation: Current Price (Annual).