Current account balance in Thailand
Thailand: Current account balance was 2.8% in 2025. ◆ Volatile
Current account balance in Thailand, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for current account balance in Thailand is 2.8%, measured in 2025.
Compared with earlier readings it is up 25.9% on the previous year and down 60.0% over ten years.
Over the whole period, current account balance in Thailand peaked at 12.5% in 1998 and was at its lowest, -8.5%, in 1990.
That places Thailand 58th out of 200 countries with data for 2025, 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 in Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | -4.1% | — |
| 1976 | -2.6% | -36.4% |
| 1977 | -5.5% | +114.3% |
| 1978 | -4.8% | -13.5% |
| 1979 | -7.6% | +58.8% |
| 1980 | -6.4% | -15.8% |
| 1981 | -7.4% | +15.0% |
| 1982 | -2.7% | -62.8% |
| 1983 | -7.2% | +161.7% |
| 1984 | -5.0% | -29.7% |
| 1985 | -4.0% | -21.7% |
| 1986 | 0.6% | -114.5% |
| 1987 | -0.7% | -226.5% |
| 1988 | -2.7% | +269.9% |
| 1989 | -3.5% | +28.9% |
| 1990 | -8.5% | +146.8% |
| 1991 | -7.7% | -9.7% |
| 1992 | -5.7% | -26.6% |
| 1993 | -4.9% | -12.8% |
| 1994 | -5.5% | +11.4% |
| 1995 | -8.0% | +46.0% |
| 1996 | -8.0% | +0.0% |
| 1997 | -2.0% | -74.9% |
| 1998 | 12.5% | -722.8% |
| 1999 | 9.8% | -21.7% |
| 2000 | 7.4% | -24.9% |
| 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% | -147.8% |
| 2024 | 2.2% | +33.8% |
| 2025 | 2.8% | +25.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -4.9% | -7.6% | -2.6% | 5 |
| 1980s | -3.9% | -7.4% | 0.6% | 10 |
| 1990s | -2.8% | -8.5% | 12.5% | 10 |
| 2000s | 3.1% | -4.0% | 7.9% | 10 |
| 2010s | 4.5% | -2.1% | 10.5% | 10 |
| 2020s | 0.9% | -3.4% | 4.1% | 6 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.65 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4957 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 3,994 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 16.89 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 8.91 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.1089 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.88 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 23,172 current LCU per person (2025)
Frequently asked questions
- What is current account balance in Thailand?
- Current account balance in Thailand was 2.8% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Thailand?
- The highest recorded value was 12.5% in 1998.
- What is the lowest current account balance recorded in Thailand?
- The lowest recorded value was -8.5% in 1990.
- How does Thailand rank for current account balance?
- Thailand ranks 58th out of 200 countries with data for 2025.
- Is current account balance rising or falling in Thailand?
- Over the last ten years it is down 60.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.