Mongolia vs Thailand: Gross domestic product (GDP), annual growth rate

Mongolia
11.24 % change on previous year
in 2023
Thailand
10.46 % change on previous year
in 2023
Mongolia rank
8th
Thailand rank
11th

Gross domestic product (GDP), annual growth rate over time

  • Mongolia
  • Thailand
-2002040195119872023

How they compare

Mongolia currently reports 11.24 % change on previous year against 10.46 % change on previous year in Thailand, a difference of 0.78 % change on previous year.

That makes Mongolia's figure about 1.1 times Thailand's.

The two have swapped places 19 times across 53 shared years of data; in 1971 it was Thailand ahead.

Mongolia ranks 8th and Thailand ranks 11th of 184 countries.

Across the 6 decades both report, Mongolia averaged higher in 4 and Thailand in 2.

Head to head by decade

Decade Mongolia Thailand Difference Ahead
1970s 5.53 % change on previous year 7.05 % change on previous year 1.51 % change on previous year Thailand
1980s 7.72 % change on previous year 6.02 % change on previous year 1.7 % change on previous year Mongolia
1990s 3.44 % change on previous year 4.82 % change on previous year 1.39 % change on previous year Thailand
2000s 11.58 % change on previous year 5.93 % change on previous year 5.65 % change on previous year Mongolia
2010s 7.58 % change on previous year 4.74 % change on previous year 2.84 % change on previous year Mongolia
2020s 3.98 % change on previous year 3.34 % change on previous year 0.6392 % change on previous year Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), annual growth rate, Mongolia or Thailand?
Mongolia, at 11.24 % change on previous year against 10.46 % change on previous year in Thailand as of 2023.
What is the difference in gross domestic product (gdp), annual growth rate between Mongolia and Thailand?
0.78 % change on previous year, with Mongolia ahead.
How many years of comparable data are there for Mongolia and Thailand?
53 years are reported by both, from 1971 to 2023.
How do Mongolia and Thailand rank globally for gross domestic product (gdp), annual growth rate?
Mongolia ranks 8th and Thailand ranks 11th of 184 countries.
Where does this data come from?
Statizoid (derived), published as Gross domestic product (GDP), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mongolia vs Thailand: Gross domestic product (GDP), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-annual-growth-rate/mongolia/thailand/

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About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 10,706 data points, 1951–2023
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.