Annual growth of exports of goods and services in Thailand
Thailand: Annual growth of exports of goods and services was 7.8% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Thailand, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in Thailand is 7.8%, measured in 2024.
That represents a change of up 232.2% on the previous year and up 2,140.0% over ten years.
Over the whole period, annual growth of exports of goods and services in Thailand peaked at 15.8% in 2000 and was at its lowest, -19.7%, in 2020.
Thailand ranks 47th of 176 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 15.8% | — |
| 2001 | -0.0% | -100.1% |
| 2002 | 5.9% | -29550.0% |
| 2003 | 9.1% | +55.0% |
| 2004 | 14.6% | +60.2% |
| 2005 | 7.8% | -47.0% |
| 2006 | 10.8% | +39.0% |
| 2007 | 8.9% | -17.6% |
| 2008 | 6.3% | -29.6% |
| 2009 | -12.1% | -293.9% |
| 2010 | 14.2% | -217.1% |
| 2011 | 9.5% | -33.1% |
| 2012 | 3.7% | -61.5% |
| 2013 | 2.5% | -31.4% |
| 2014 | 0.3% | -86.1% |
| 2015 | 1.2% | +257.1% |
| 2016 | 2.7% | +116.0% |
| 2017 | 5.2% | +91.9% |
| 2018 | 3.4% | -35.3% |
| 2019 | -3.0% | -188.1% |
| 2020 | -19.7% | +567.1% |
| 2021 | 11.1% | -156.4% |
| 2022 | 6.2% | -44.5% |
| 2023 | 2.4% | -61.7% |
| 2024 | 7.8% | +232.2% |
Thailand compared with similar countries
- Thailand's 7.8% is above the median for upper middle income countries, which is 3.3%, 2.4× the median. (48 countries reporting)
- Thailand's 7.8% is above the median for East Asia & Pacific, which is 6.8%, 1.1× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +29550.0% | -0.0% | 5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.7% | -12.1% | 15.8% | 10 |
| 2010s | 4.0% | -3.0% | 14.2% | 10 |
| 2020s | 1.6% | -19.7% | 11.1% | 5 |
Countries ranked near Thailand
More economy & growth data for Thailand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 9.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0162 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 130.33 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.84 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 31.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0327 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 263.07 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.13 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Thailand?
- Annual growth of exports of goods and services in Thailand was 7.8% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Thailand?
- The highest recorded value was 15.8% in 2000.
- What is the lowest annual growth of exports of goods and services recorded in Thailand?
- The lowest recorded value was -19.7% in 2020.
- How does Thailand rank for annual growth of exports of goods and services?
- Thailand ranks 47th out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Thailand?
- Over the last ten years it is up 2,140.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).