Spain vs Thailand: External balance on goods and services as a percent of GDP

Spain
3.8%
in 2025
Thailand
3.9%
in 2025
Spain rank
51st
Thailand rank
49th

External balance on goods and services as a percent of GDP over time

  • Spain
  • Thailand
-10-5051015196019922025

How they compare

Thailand currently reports 3.9% against 3.8% in Spain, a difference of 0.1%.

The two have swapped places 13 times across 56 shared years of data; in 1970 it was Spain ahead.

Spain ranks 51st and Thailand ranks 49th of 191 countries.

Across the 6 decades both report, Spain averaged higher in 3 and Thailand in 3.

Head to head by decade

Decade Spain Thailand Difference Ahead
1970s -2.1% -3.5% 1.5% Spain
1980s -1.4% -3.0% 1.6% Spain
1990s -1.8% -1.1% 0.7% Thailand
2000s -3.5% 5.4% 8.9% Thailand
2010s 2.4% 7.0% 4.6% Thailand
2020s 2.5% 2.1% 0.5% Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Spain or Thailand?
Thailand, at 3.9% against 3.8% in Spain as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Spain and Thailand?
0.1%, with Thailand ahead.
How many years of comparable data are there for Spain and Thailand?
56 years are reported by both, from 1970 to 2025.
How do Spain and Thailand rank globally for external balance on goods and services as a percent of gdp?
Spain ranks 51st and Thailand ranks 49th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Spain vs Thailand: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/spain/thailand/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.