Annual growth of general government final consumption expenditure in Thailand
Thailand: Annual growth of general government final consumption expenditure was -4.55 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Thailand, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual growth of general government final consumption expenditure in Thailand is -4.55, measured in 2023. That is the lowest value across all 24 years on record.
The figure is down 3,600.0% on the previous year and down 395.5% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Thailand peaked at 10.4 in 2009 and was at its lowest, -4.55, in 2023.
That places Thailand 153rd out of 167 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.76 | — |
| 2001 | 2.6 | -5.8% |
| 2002 | 3.41 | +31.2% |
| 2003 | 5.13 | +50.4% |
| 2004 | 3.9 | -24.0% |
| 2005 | 7.99 | +104.9% |
| 2006 | 2.26 | -71.7% |
| 2007 | 8.55 | +278.3% |
| 2008 | 4.93 | -42.3% |
| 2009 | 10.4 | +111.0% |
| 2010 | 8.93 | -14.1% |
| 2011 | 3.72 | -58.3% |
| 2012 | 7.17 | +92.7% |
| 2013 | 1.54 | -78.5% |
| 2014 | 2.81 | +82.5% |
| 2015 | 2.52 | -10.3% |
| 2016 | 2.17 | -13.9% |
| 2017 | 0.26 | -88.0% |
| 2018 | 2.67 | +926.9% |
| 2019 | 1.56 | -41.6% |
| 2020 | 1.36 | -12.8% |
| 2021 | 3.67 | +169.9% |
| 2022 | 0.13 | -96.5% |
| 2023 | -4.55 | -3600.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.19 | 2.26 | 10.4 | 10 |
| 2010s | 3.33 | 0.26 | 8.93 | 10 |
| 2020s | 0.1525 | -4.55 | 3.67 | 4 |
Countries ranked near Thailand
- 150 Zimbabwe -4.02 compare
- 151 Hong Kong, China -4.25 compare
- 152 United States Virgin Islands -4.43 compare
- 154 Central African Republic -4.57 compare
- 155 Samoa -4.62 compare
- 156 Gabon -4.71 compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0.2374 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 1,913 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 7.81 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 62,902 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.2016 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,624 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 39,479 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.38 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Thailand?
- Annual growth of general government final consumption expenditure in Thailand was -4.55 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Thailand?
- The highest recorded value was 10.4 in 2009.
- What is the lowest annual growth of general government final consumption expenditure recorded in Thailand?
- The lowest recorded value was -4.55 in 2023.
- How does Thailand rank for annual growth of general government final consumption expenditure?
- Thailand ranks 153rd out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Thailand?
- Over the last ten years it is down 395.5%. 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 growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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