Facebook
TwitterIn 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.
Facebook
TwitterIn 2022, the tourism industry contributed around *** trillion Thai baht to Thailand's GDP. This was a significant increase compared to the previous year. Economic impact of tourismThailand is one of the most popular tourist destinations in the world. It is known for its beautiful beaches and nature, the hospitality of the people, and its rich historical sites. Unsurprisingly, the tourism industry is a major contributor to the country’s economy. In 2022, the tourism industry directly contributed **** percent to the gross domestic product (GDP) in Thailand, due to the COVID-19 pandemic and strict travel restrictions. Tourism is also one of Thailand’s largest sectors of employment, and it ranked seventh in terms of having the highest number of people employed in the tourism industry worldwide in 2022. Domestic tourism amidst Covid-19 pandemic After the COVID-19 pandemic, international arrivals in Thailand are permitted again. Therefore, the Tourism Authority of Thailand encouraged millions of international, as well as domestic travelers, to travel to Thailand. Among other regions in Thailand, Bangkok and the central region generated the highest revenue from local visitors, with the northern region coming in third.
Facebook
TwitterIn 2022, the tourism industry directly contributed to around ****** billion Thai baht to Thailand's GDP. This was a significant increase compared to the previous year.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Thailand Tourism Revenue Growth
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Tourist Arrivals in Thailand increased to 2573.74 in October from 2235.85 in September of 2025. This dataset provides - Thailand Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Facebook
TwitterIn 2022, the tourism industry directly contributed around **** percent to Thailand's GDP, which increased significantly from the previous year. Thailand's tourism industry has been heavily affected by the COVID-19 pandemic, but is recovering after the government relaxed the COVID-19 regulations and re-opened the country for international tourism.
Facebook
TwitterAccording to data from the World Tourism Organization (UNWTO), tourism balance as a share of GDP in Thailand amounted to around *** percent in 2020. Such share had shown fluctuations over the past ten years with a drastic decrease in 2020 due to the COVID-19 pandemic.
Facebook
TwitterAccording to data from the World Tourism Organization (UNWTO), tourism balance as a share of GDP in Thailand amounted to around *** percent in 2020. The share of tourism openness decreased significantly in 2020 due to the COVID-19 pandemic that disrupted the tourism industry.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Estimated change in Thailand’s GDP associated with a dengue outbreak due to reduced tourist arrivals from non-endemic countries in 2019 using alternative input values for reduced tourist arrivals.
Facebook
TwitterAs of December 2024, the tourism receipts in Thailand amounted to more than *** billion Thai baht, which was an increase compared to the previous month. In 2024, Thailand registered revenues of around *** trillion Thai baht in the international tourism segment.
Facebook
TwitterIn 2024, the imports of goods and services in Thailand was estimated to increase by *** percent. The spending of medium and high income consumers in Thailand and tourism contributed greatly to the economic recovery in Thailand.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Distribution of estimated direct, indirect, induced, and total effects on Thailand’s GDP by industry associated with a dengue outbreak due to reduced tourist arrivals from non-endemic countries in 2019.
Facebook
Twitterhttps://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Thailand Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, Budget & Economy, Service Apartments), Booking Channel (Direct Digital, Otas, Corporate/MICE, Wholesale & Traditional Agents), and Geography (Bangkok & Central Plains, Northern Thailand, Northeastern Thailand, and Other). The Market Forecasts are Provided in Terms of Value (USD).
Facebook
TwitterAccording to data from the World Tourism Organization (UNWTO), inbound tourism expenditure as a share of GDP in Thailand amounted to around *** percent in 2020. The share of inbound expenditures to the GDP dropped significantly in 2020 due to the COVID-19 pandemic.
Facebook
Twitterhttps://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
Thailand's real estate market is booming, with a projected 5.41% CAGR until 2033. Discover key trends, growth drivers, and top developers in Bangkok, Phuket, and other major cities. Invest wisely in this dynamic market! Recent developments include: December 2023: Saudi Arabia and Thailand collaborated to enhance innovation and entrepreneurship, strengthening their bilateral ties. The bilateral trade relationship witnessed an uptick, with Riyadh hosting a four-day trade show in August featuring over 100 manufacturers and entrepreneurs from Thailand showcasing various products across sectors., July 2022: MQDC, a leading property developer, and Thai Airways International Public Company Limited (THAI) formed a partnership to boost real estate and tourism and assist Thailand's economy in recovering from the COVID-19 pandemic. For the mutual advantage of all parties, MQDC and THAI worked together in the marketing sector across four sectors as they explored ways to support their present and prospective clients.. Key drivers for this market are: The Rise in e-commerce and digitalization. Potential restraints include: The Complexity of regulations and property ownership. Notable trends are: Growth in Tourism is Driving the Market.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Estimated effect of a dengue outbreak in Thailand through reduced tourist arrivals from non-endemic countries on macroeconomic outcomes in 2019.
Facebook
Twitterhttps://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
Discover the booming ASEAN online accommodation market! This comprehensive analysis reveals key trends, growth drivers, and market size projections for 2025-2033, highlighting opportunities for investors and businesses in this rapidly expanding sector. Learn about top players like Agoda and Booking.com and the impact of mobile bookings. Recent developments include: On June 8, 2022, Agoda partnered with WWF-Singapore (World Wide Fund for Nature Singapore) and launched its Eco-deal programs to provide funds for and to raise awareness of marine habitat restoration initiatives in Southeast Asia., On April 4, 2022, Traveloka partnered with Accor. This strategic partnership with Accor will continue to cement Traveloka's commitment to providing the best, seamless travel experience for customers and accelerate stronger business growth in Southeast Asia.. Notable trends are: Rise in Usage of Online Travel Agencies Driving the Market.
Facebook
TwitterIn 2022, the annual revenue growth of the tourism sector in Phuket, Thailand, increased by *** percent, compared to the previous year. In that same year, the revenue of Phuket's tourism sector amounted to around *** billion Thai baht.
Facebook
TwitterIn 2024, the revenue of the central government accounted for **** percent of Thailand's GDP. Central government revenue comprises taxes, grants, and others. Moreover, as a service-oriented economy rather than an agricultural one, Thailand relies heavily on its tourism industry to help rake in the annual revenue earnings.Revenue of the government in Thailand The Thai government’s annual revenue has developed an increasing trend since 2021, after dropping in 2020 due to the COVID-19 pandemic. Taxes were the main source of revenue for the central government. The value-added tax, followed by the corporate income tax, were the key contributors to the government’s revenue. Government debt in Thailand Over the years, not only has a gradual increase in the government’s expenditure been recorded, but also the increment in the value of public debt accrued until 2024. That year, most of the debt was attributed to the central government. Moreover, domestic debt accounted for a whopping *** trillion Thai baht of the total value of central government debt in 2024.
Facebook
TwitterIn 2024, almost ** million foreign tourists from Asia and the Pacific region visited Thailand, making it the leading source market of international visitor arrivals into the country. This was followed by European tourists, with a total of over seven million visitors. During that year, there were about **** million international visitors in Thailand.
Thailand’s main economic driver Tourism has a considerable economic impact on the country. In the past years, the COVID-19 pandemic heavily affected the tourism industry. However, Thailand's tourist economy has been recovering steadily since the country allowed international tourist arrivals again in 2022. In 2024, the total tourism revenue generated by international tourist arrivals in Thailand exceeded *********** billion Thai baht on a monthly basis, resulting in a revenue of over one trillion Thai baht for the entire year. Bangkok and the southern part of Thailand were the leading provinces in terms of the tourism revenue generated from foreign visitors, with over ************ billion Thai baht. Almost seven hundred billion Thai baht was generated from foreign tourists in the southern part of Thailand and Bangkok, making them the top regions for tourism revenue generation.
International air travel into Thailand Since Thailand reopened its borders to tourists, the aviation industry has been recovering. The number of international flights arriving in Thailand has increased significantly since 2021. In 2024, over ** million international visitors passed through Suvarnabhumi Airport, the leading Thai airport for inbound travel.
Facebook
TwitterIn 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.