External balance on goods and services (current US$) (US current) in Thailand
Thailand: External balance on goods and services (current US$) (US current) was 22.40 billion current US$ in 2025. ◆ Volatile
External balance on goods and services in Thailand, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for external balance on goods and services in Thailand is 22.40 billion current US$, measured in 2025.
That represents a change of up 16.9% on the previous year and down 46.5% over ten years.
Over the whole period, external balance on goods and services in Thailand peaked at 56.84 billion current US$ in 2017 and was at its lowest, -11.42 billion current US$, in 1996.
Thailand ranks 24th of 193 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in Thailand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | -35.08 million current US$ | — |
| 1961 | 6.84 million current US$ | -119.5% |
| 1962 | -64.94 million current US$ | -1049.7% |
| 1963 | -114.74 million current US$ | +76.7% |
| 1964 | -55.24 million current US$ | -51.9% |
| 1965 | -52.93 million current US$ | -4.2% |
| 1966 | -17.50 million current US$ | -66.9% |
| 1967 | -115.58 million current US$ | +560.4% |
| 1968 | -227.60 million current US$ | +96.9% |
| 1969 | -267.74 million current US$ | +17.6% |
| 1970 | -309.09 million current US$ | +15.4% |
| 1971 | -208.27 million current US$ | -32.6% |
| 1972 | -81.35 million current US$ | -60.9% |
| 1973 | -156.45 million current US$ | +92.3% |
| 1974 | -324.27 million current US$ | +107.3% |
| 1975 | -686.38 million current US$ | +111.7% |
| 1976 | -419.51 million current US$ | -38.9% |
| 1977 | -1.07 billion current US$ | +155.5% |
| 1978 | -1.01 billion current US$ | -5.3% |
| 1979 | -1.84 billion current US$ | +81.4% |
| 1980 | -2.02 billion current US$ | +9.9% |
| 1981 | -2.19 billion current US$ | +8.0% |
| 1982 | -626.61 million current US$ | -71.3% |
| 1983 | -2.87 billion current US$ | +357.7% |
| 1984 | -1.78 billion current US$ | -37.8% |
| 1985 | -1.06 billion current US$ | -40.5% |
| 1986 | 876.04 million current US$ | -182.6% |
| 1987 | 283.02 million current US$ | -67.7% |
| 1988 | -856.89 million current US$ | -402.8% |
| 1989 | -1.85 billion current US$ | +116.2% |
| 1990 | -6.42 billion current US$ | +246.4% |
| 1991 | -6.43 billion current US$ | +0.2% |
| 1992 | -4.47 billion current US$ | -30.5% |
| 1993 | -5.30 billion current US$ | +18.6% |
| 1994 | -6.99 billion current US$ | +31.9% |
| 1995 | -11.33 billion current US$ | +62.1% |
| 1996 | -11.42 billion current US$ | +0.8% |
| 1997 | 2.14 billion current US$ | -118.7% |
| 1998 | 17.77 billion current US$ | +732.0% |
| 1999 | 15.42 billion current US$ | -13.3% |
| 2000 | 10.59 billion current US$ | -31.3% |
| 2001 | 7.50 billion current US$ | -29.2% |
| 2002 | 8.49 billion current US$ | +13.2% |
| 2003 | 9.67 billion current US$ | +13.9% |
| 2004 | 7.84 billion current US$ | -19.0% |
| 2005 | -1.98 billion current US$ | -125.3% |
| 2006 | 7.24 billion current US$ | -464.6% |
| 2007 | 20.70 billion current US$ | +186.0% |
| 2008 | 6.98 billion current US$ | -66.3% |
| 2009 | 27.07 billion current US$ | +287.7% |
| 2010 | 19.52 billion current US$ | -27.9% |
| 2011 | 7.54 billion current US$ | -61.3% |
| 2012 | 904.58 million current US$ | -88.0% |
| 2013 | 7.90 billion current US$ | +773.6% |
| 2014 | 23.96 billion current US$ | +203.2% |
| 2015 | 41.87 billion current US$ | +74.7% |
| 2016 | 56.08 billion current US$ | +33.9% |
| 2017 | 56.84 billion current US$ | +1.3% |
| 2018 | 44.77 billion current US$ | -21.2% |
| 2019 | 50.85 billion current US$ | +13.6% |
| 2020 | 25.09 billion current US$ | -50.7% |
| 2021 | -1.46 billion current US$ | -105.8% |
| 2022 | -10.64 billion current US$ | +626.7% |
| 2023 | 11.55 billion current US$ | -208.6% |
| 2024 | 19.17 billion current US$ | +65.9% |
| 2025 | 22.40 billion current US$ | +16.9% |
Thailand compared with similar countries
- Thailand's 22.40 billion current US$ is above the median for upper middle income countries, which is -347.73 million current US$. (53 countries reporting)
- Thailand's 22.40 billion current US$ is above the median for East Asia & Pacific, which is -166.62 million current US$. (34 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current US$) (US current) 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 |
|---|---|---|---|
| 1962 | -1049.7% | 6.84 million current US$ | -64.94 million current US$ |
| 2013 | +773.6% | 904.58 million current US$ | 7.90 billion current US$ |
| 1998 | +732.0% | 2.14 billion current US$ | 17.77 billion current US$ |
| 2022 | -626.7% | -1.46 billion current US$ | -10.64 billion current US$ |
| 1967 | -560.4% | -17.50 million current US$ | -115.58 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -94.45 million current US$ | -267.74 million current US$ | 6.84 million current US$ | 10 |
| 1970s | -611.31 million current US$ | -1.84 billion current US$ | -81.35 million current US$ | 10 |
| 1980s | -1.21 billion current US$ | -2.87 billion current US$ | 876.04 million current US$ | 10 |
| 1990s | -1.70 billion current US$ | -11.42 billion current US$ | 17.77 billion current US$ | 10 |
| 2000s | 10.41 billion current US$ | -1.98 billion current US$ | 27.07 billion current US$ | 10 |
| 2010s | 31.02 billion current US$ | 904.58 million current US$ | 56.84 billion current US$ | 10 |
| 2020s | 11.02 billion current US$ | -10.64 billion current US$ | 25.09 billion current US$ | 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)
- SDRs holdings, US dollar, annual growth rate 5.7 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 79.86 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.6567 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 58.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.87 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0056 units per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Thailand?
- External balance on goods and services in Thailand was 22.40 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Thailand?
- The highest recorded value was 56.84 billion current US$ in 2017.
- What is the lowest external balance on goods and services recorded in Thailand?
- The lowest recorded value was -11.42 billion current US$ in 1996.
- How does Thailand rank for external balance on goods and services?
- Thailand ranks 24th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Thailand?
- Over the last ten years it is down 46.5%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.