In 2023, Thailand had a local purchasing power index of around 33, indicating a slight increase compared to the previous year. The local purchasing power index score in the country has fluctuated over the years.

The Gross Domestic Product per capita in Thailand was last recorded at 21142.66 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Thailand, when adjusted by Purchasing Power Parity is equivalent to 119 percent of the world's average. This dataset provides - Thailand GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, Bangkok had a local purchasing power index score of 29.5, a slight decrease from the previous year, which was 29.8. The local purchasing power index score in Bangkok, Thailand, has fluctuated over the years.

Graph and download economic data for Total Purchasing Power Parity Converted GDP, G-K method, at current prices for Thailand (PPPGDPTHA619NUPN) from 1950 to 2010 about Thailand, PPP, and GDP.

In 2023, Chiang Mai led among major cities in Thailand with the highest local purchasing power index score at 32.2 points. This was followed by Bangkok with around 30 index points.

Graph and download economic data for Output-side Real GDP at chained Purchasing Power Parities for Thailand (RGDPOSTHA666NRUG) from 1950 to 2019 about Thailand, chained, PPP, real, and GDP.

The share in the global GDP adjusted for PPP in Thailand was forecast to continuously decrease between 2024 and 2029 by in total 0.02 percentage points. The share is estimated to amount to 0.89 percent in 2029. Following the definitions provided by the International Monetary Fund, this indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.Find more key insights for the share in the global GDP adjusted for PPP in countries like Indonesia, Singapore, and Cambodia.

Thailand TH: GDP: PPP:(GDP) Gross Domestic Productper Capita data was reported at 17,870.518 Intl $ in 2017. This records an increase from the previous number of 16,937.927 Intl $ for 2016. Thailand TH: GDP: PPP:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 9,230.103 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 17,870.518 Intl $ in 2017 and a record low of 4,298.399 Intl $ in 1990. Thailand TH: GDP: PPP:(GDP) Gross Domestic Productper Capita 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: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices 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. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;

According to a survey in Thailand as of January 2023, the purchasing power of the respondents from the rest of Thailand will increase compared to those from the central region. Meanwhile, almost 36 percent of the survey participants from the central region indicated their purchasing power would remain the same.

Thailand GDP: PPP: 2021 Price data was reported at 1,515,980.515 Intl $ mn in 2023. This records an increase from the previous number of 1,487,900.014 Intl $ mn for 2022. Thailand GDP: PPP: 2021 Price data is updated yearly, averaging 1,029,105.475 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 1,521,785.261 Intl $ mn in 2019 and a record low of 476,313.500 Intl $ mn in 1990. Thailand GDP: PPP: 2021 Price 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: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country 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. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

Thailand GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs data was reported at 821,166.221 Intl $ mn in 2023. This records an increase from the previous number of 766,452.655 Intl $ mn for 2022. Thailand GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 509,808.444 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 821,166.221 Intl $ mn in 2023 and a record low of 242,635.622 Intl $ mn in 1990. Thailand GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs 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: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2021 international dollars using purchasing power parity rates.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

Real GDP based on PPP of Thailand climb by 1.89% from 1,487,900,014,174 international dollars in 2022 to 1,515,980,515,072 international dollars in 2023. Since the 6.05% slump in 2020, real GDP based on PPP jumped by 6.03% in 2023. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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.

21.143 (Int. Dollar (PPK) pro Kopf) in 2023. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices 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.

According to a survey on purchasing power in Thailand as of January 2023, almost 40 percent of the respondents stated their buying power will slightly decrease in 2023. However, around 28.5 survey respondents indicated their purchasing power will slightly increase in the same period.

PPP for private consumption of Thailand fell by 2.77% from 11.5 LCU per international dollars in 2022 to 11.2 LCU per international dollars in 2023. Since the 0.69% improve in 2017, PPP for private consumption dropped by 10.88% in 2023. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure).

Graph and download economic data for Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Thailand (KCPPPGTHA156NUPN) from 1950 to 2010 about Thailand, PPP, per capita, consumption, real, and GDP.

Thailand TH: GDP: PPP: 2017 Price data was reported at 1,255,244.370 Intl $ mn in 2022. This records an increase from the previous number of 1,223,463.152 Intl $ mn for 2021. Thailand TH: GDP: PPP: 2017 Price data is updated yearly, averaging 844,893.354 Intl $ mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 1,283,335.300 Intl $ mn in 2019 and a record low of 401,679.490 Intl $ mn in 1990. Thailand TH: GDP: PPP: 2017 Price 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: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country 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. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

1.563,39 (billion international dollars) in 2023. GDP (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or "numeraire" currency.

22.276 (Int. Dollar (PPK) pro Kopf) in 2023. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or “numeraire” currency.