Divergence of GDP per capita among latecomers to the capitalist revolution in Thailand
Thailand: Divergence of GDP per capita among latecomers to the capitalist revolution was 16,649 2011$ in 2018. ◆ Volatile
Divergence of GDP per capita among latecomers to the capitalist revolution in Thailand, 1820–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
Thailand recorded 16,649 2011$ for divergence of gdp per capita among latecomers to the capitalist revolution in 2018. That is the highest value across all 75 years on record.
That represents a change of up 3.8% on the previous year and up 30.4% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Thailand peaked at 16,649 2011$ in 2018 and was at its lowest, 909 2011$, in 1820.
Thailand ranks 60th of 145 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Thailand, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1820 | 909 2011$ | — |
| 1870 | 969 2011$ | +6.6% |
| 1890 | 1,250 2011$ | +29.0% |
| 1913 | 1,341 2011$ | +7.3% |
| 1929 | 1,264 2011$ | -5.7% |
| 1938 | 1,317 2011$ | +4.2% |
| 1950 | 1,302 2011$ | -1.1% |
| 1951 | 1,353 2011$ | +3.9% |
| 1952 | 1,385 2011$ | +2.4% |
| 1953 | 1,490 2011$ | +7.6% |
| 1954 | 1,431 2011$ | -4.0% |
| 1955 | 1,506 2011$ | +5.2% |
| 1956 | 1,482 2011$ | -1.6% |
| 1957 | 1,451 2011$ | -2.1% |
| 1958 | 1,457 2011$ | +0.4% |
| 1959 | 1,581 2011$ | +8.5% |
| 1960 | 1,718 2011$ | +8.7% |
| 1961 | 1,753 2011$ | +2.0% |
| 1962 | 1,831 2011$ | +4.4% |
| 1963 | 1,921 2011$ | +4.9% |
| 1964 | 1,991 2011$ | +3.6% |
| 1965 | 2,085 2011$ | +4.7% |
| 1966 | 2,251 2011$ | +8.0% |
| 1967 | 2,369 2011$ | +5.2% |
| 1968 | 2,488 2011$ | +5.0% |
| 1969 | 2,608 2011$ | +4.8% |
| 1970 | 2,700 2011$ | +3.5% |
| 1971 | 2,750 2011$ | +1.9% |
| 1972 | 2,786 2011$ | +1.3% |
| 1973 | 2,987 2011$ | +7.2% |
| 1974 | 3,045 2011$ | +1.9% |
| 1975 | 3,123 2011$ | +2.6% |
| 1976 | 3,333 2011$ | +6.7% |
| 1977 | 3,585 2011$ | +7.6% |
| 1978 | 3,861 2011$ | +7.7% |
| 1979 | 3,979 2011$ | +3.1% |
| 1980 | 4,071 2011$ | +2.3% |
| 1981 | 4,230 2011$ | +3.9% |
| 1982 | 4,375 2011$ | +3.4% |
| 1983 | 4,538 2011$ | +3.7% |
| 1984 | 4,720 2011$ | +4.0% |
| 1985 | 4,862 2011$ | +3.0% |
| 1986 | 5,053 2011$ | +3.9% |
| 1987 | 5,453 2011$ | +7.9% |
| 1988 | 6,089 2011$ | +11.7% |
| 1989 | 6,735 2011$ | +10.6% |
| 1990 | 7,385 2011$ | +9.7% |
| 1991 | 7,850 2011$ | +6.3% |
| 1992 | 8,409 2011$ | +7.1% |
| 1993 | 8,964 2011$ | +6.6% |
| 1994 | 9,500 2011$ | +6.0% |
| 1995 | 10,080 2011$ | +6.1% |
| 1996 | 10,458 2011$ | +3.8% |
| 1997 | 9,996 2011$ | -4.4% |
| 1998 | 9,078 2011$ | -9.2% |
| 1999 | 9,347 2011$ | +3.0% |
| 2000 | 9,627 2011$ | +3.0% |
| 2001 | 9,819 2011$ | +2.0% |
| 2002 | 10,276 2011$ | +4.7% |
| 2003 | 10,869 2011$ | +5.8% |
| 2004 | 11,408 2011$ | +5.0% |
| 2005 | 11,742 2011$ | +2.9% |
| 2006 | 12,181 2011$ | +3.7% |
| 2007 | 12,695 2011$ | +4.2% |
| 2008 | 12,768 2011$ | +0.6% |
| 2009 | 12,543 2011$ | -1.8% |
| 2010 | 13,344 2011$ | +6.4% |
| 2011 | 13,318 2011$ | -0.2% |
| 2012 | 14,227 2011$ | +6.8% |
| 2013 | 14,562 2011$ | +2.4% |
| 2014 | 14,642 2011$ | +0.5% |
| 2015 | 15,020 2011$ | +2.6% |
| 2016 | 15,454 2011$ | +2.9% |
| 2017 | 16,032 2011$ | +3.7% |
| 2018 | 16,649 2011$ | +3.8% |
Thailand compared with similar countries
- Thailand's 16,649 2011$ is above the median for upper middle income countries, which is 13,242 2011$, 1.3× the median. (42 countries reporting)
- Thailand's 16,649 2011$ is above the median for East Asia & Pacific, which is 15,016 2011$, 1.1× the median. (12 countries reporting)
Biggest year-on-year movements
Years where Divergence of GDP per capita among latecomers to the capitalist revolution in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1890 | +29.0% | 969 2011$ | 1,250 2011$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 909 2011$ | 909 2011$ | 909 2011$ | 1 |
| 1870s | 969 2011$ | 969 2011$ | 969 2011$ | 1 |
| 1890s | 1,250 2011$ | 1,250 2011$ | 1,250 2011$ | 1 |
| 1910s | 1,341 2011$ | 1,341 2011$ | 1,341 2011$ | 1 |
| 1920s | 1,264 2011$ | 1,264 2011$ | 1,264 2011$ | 1 |
| 1930s | 1,317 2011$ | 1,317 2011$ | 1,317 2011$ | 1 |
| 1950s | 1,444 2011$ | 1,302 2011$ | 1,581 2011$ | 10 |
| 1960s | 2,102 2011$ | 1,718 2011$ | 2,608 2011$ | 10 |
| 1970s | 3,215 2011$ | 2,700 2011$ | 3,979 2011$ | 10 |
| 1980s | 5,013 2011$ | 4,071 2011$ | 6,735 2011$ | 10 |
| 1990s | 9,107 2011$ | 7,385 2011$ | 10,458 2011$ | 10 |
| 2000s | 11,393 2011$ | 9,627 2011$ | 12,768 2011$ | 10 |
| 2010s | 14,805 2011$ | 13,318 2011$ | 16,649 2011$ | 9 |
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$), annual growth rate 19.13 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Thailand?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Thailand was 16,649 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Thailand?
- The highest recorded value was 16,649 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Thailand?
- The lowest recorded value was 909 2011$ in 1820.
- How does Thailand rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Thailand ranks 60th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Thailand?
- Over the last ten years it is up 30.4%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]