Current account balance as a share of GDP in Thailand
Thailand: Current account balance as a share of GDP was 2.2% in 2024. ◆ Volatile
Current account balance as a share of GDP in Thailand, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Thailand is 2.2%, measured in 2024.
That represents a change of up 34.8% on the previous year and down 22.7% over ten years.
Over the whole period, current account balance as a share of gdp in Thailand peaked at 10.5% in 2016 and was at its lowest, -4.0%, in 2005.
That places Thailand 60th out of 193 countries with data for 2024, putting it 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 share of GDP in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 7.4% | — |
| 2001 | 4.2% | -42.5% |
| 2002 | 3.5% | -18.2% |
| 2003 | 3.1% | -9.8% |
| 2004 | 1.6% | -48.9% |
| 2005 | -4.0% | -352.5% |
| 2006 | 1.0% | -125.7% |
| 2007 | 5.9% | +470.2% |
| 2008 | 0.3% | -94.6% |
| 2009 | 7.9% | +2362.5% |
| 2010 | 3.4% | -57.2% |
| 2011 | 2.5% | -24.6% |
| 2012 | -1.2% | -148.4% |
| 2013 | -2.1% | +70.7% |
| 2014 | 2.9% | -236.2% |
| 2015 | 6.9% | +142.0% |
| 2016 | 10.5% | +51.9% |
| 2017 | 9.6% | -8.4% |
| 2018 | 5.6% | -41.6% |
| 2019 | 7.0% | +25.4% |
| 2020 | 4.1% | -41.3% |
| 2021 | -2.1% | -151.7% |
| 2022 | -3.4% | +60.3% |
| 2023 | 1.6% | -147.8% |
| 2024 | 2.2% | +34.8% |
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)
- Services, value added (current US$), annual growth rate 10.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6018 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 4,848 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.11 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 19.79 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 159,432 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.14 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5021 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Thailand?
- Current account balance as a share of gdp in Thailand was 2.2% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Thailand?
- The highest recorded value was 10.5% in 2016.
- What is the lowest current account balance as a share of gdp recorded in Thailand?
- The lowest recorded value was -4.0% in 2005.
- How does Thailand rank for current account balance as a share of gdp?
- Thailand ranks 60th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Thailand?
- Over the last ten years it is down 22.7%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).