Current account balance as a proportion of GDP in Thailand
Thailand: Current account balance as a proportion of GDP was 2.2% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Thailand, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Thailand stood at 2.2%.
The figure is up 34.3% on the previous year and down 22.8% over ten years.
Over the whole period, current account balance as a proportion of gdp in Thailand peaked at 10.5% in 2016 and was at its lowest, -4.0%, in 2005.
Thailand ranks 64th of 204 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.
Current account balance as a proportion of GDP in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 7.4% | — |
| 2001 | 4.2% | -42.5% |
| 2002 | 3.5% | -18.3% |
| 2003 | 3.1% | -9.6% |
| 2004 | 1.6% | -49.1% |
| 2005 | -4.0% | -352.9% |
| 2006 | 1.0% | -125.9% |
| 2007 | 5.9% | +467.8% |
| 2008 | 0.3% | -94.6% |
| 2009 | 7.9% | +2365.5% |
| 2010 | 3.4% | -57.2% |
| 2011 | 2.5% | -24.5% |
| 2012 | -1.2% | -148.5% |
| 2013 | -2.1% | +70.5% |
| 2014 | 2.9% | -236.0% |
| 2015 | 6.9% | +142.0% |
| 2016 | 10.5% | +51.9% |
| 2017 | 9.6% | -8.3% |
| 2018 | 5.6% | -41.6% |
| 2019 | 7.0% | +25.4% |
| 2020 | 4.1% | -41.2% |
| 2021 | -2.1% | -151.7% |
| 2022 | -3.4% | +60.1% |
| 2023 | 1.6% | -147.9% |
| 2024 | 2.2% | +34.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | -4.0% | 7.9% | 10 |
| 2010s | 4.5% | -2.1% | 10.5% | 10 |
| 2020s | 0.5% | -3.4% | 4.1% | 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)
- Gross capital formation (current US$), annual growth rate 12.14 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2207 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,778 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 4.48 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 7.26 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 58,470 current LCU per person (2025)
- Imports of goods and services (current US$), annual growth rate 11 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.6727 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Thailand?
- Current account balance as a proportion of gdp in Thailand was 2.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Thailand?
- The highest recorded value was 10.5% in 2016.
- What is the lowest current account balance as a proportion of gdp recorded in Thailand?
- The lowest recorded value was -4.0% in 2005.
- How does Thailand rank for current account balance as a proportion of gdp?
- Thailand ranks 64th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Thailand?
- Over the last ten years it is down 22.8%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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