Annual gdp growth in Thailand
Thailand: Annual gdp growth was 1.89 in 2023. β Volatile
Latest (2023)
1.89
Change on year
down 23.2%
World rank
137th
of 211 countries
All-time high
7.51
in 2010
All-time low
-6.05
in 2020
Years of data
24
2000β2023
Annual gdp growth in Thailand, 2000β2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Thailand is 1.89, measured in 2023.
Compared with earlier readings it is down 23.2% on the previous year and down 29.7% over ten years.
Over the whole period, annual gdp growth in Thailand peaked at 7.51 in 2010 and was at its lowest, -6.05, in 2020.
That places Thailand 137th out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.32 | -0.69 | 7.19 | 10 |
| 2010s | 3.63 | 0.84 | 7.51 | 10 |
| 2020s | -0.0325 | -6.05 | 2.46 | 4 |
Countries ranked near Thailand
More economy & growth data for Thailand
- External balance on goods and services as a percent of gdp 3.88 (2025)
- Inflation of consumer prices -0.1336 (2025)
- Gdp per capita worldbank constant usd 6,783 (2025)
- Manufacturing value added to gdp 23.74 (2025)
- Gdp worldbank constant usd 485.78 billion (2025)
- Gdp per capita in international and market dollars 6,783 (2025)
- DEC alternative conversion factor 32.88 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 310.09 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 9.43 billion current US$ (2025)
- Net primary income (Net income from abroad) -490.45 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Thailand?
- Annual gdp growth in Thailand was 1.89 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Thailand?
- The highest recorded value was 7.51 in 2010.
- What is the lowest annual gdp growth recorded in Thailand?
- The lowest recorded value was -6.05 in 2020.
- How does Thailand rank for annual gdp growth?
- Thailand ranks 137th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Thailand?
- Over the last ten years it is down 29.7%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).