GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Thailand
Thailand: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 0.9269 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Thailand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Thailand recorded 0.9269 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
The figure is down 24.0% on the previous year and down 35.7% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Thailand peaked at 20.46 % change on previous year in 1974 and was at its lowest, -2.58 % change on previous year, in 1999.
That places Thailand 178th out of 209 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Thailand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -0.8285 % change on previous year | — |
| 1972 | 6.52 % change on previous year | -886.9% |
| 1973 | 18.87 % change on previous year | +189.5% |
| 1974 | 20.46 % change on previous year | +8.4% |
| 1975 | 3.61 % change on previous year | -82.3% |
| 1976 | 4.45 % change on previous year | +23.1% |
| 1977 | 5.96 % change on previous year | +34.1% |
| 1978 | 9.55 % change on previous year | +60.2% |
| 1979 | 8.69 % change on previous year | -9.0% |
| 1980 | 12.45 % change on previous year | +43.2% |
| 1981 | 8.37 % change on previous year | -32.8% |
| 1982 | 5.06 % change on previous year | -39.6% |
| 1983 | 3.65 % change on previous year | -27.8% |
| 1984 | 1.45 % change on previous year | -60.3% |
| 1985 | 2.18 % change on previous year | +50.4% |
| 1986 | 1.65 % change on previous year | -24.0% |
| 1987 | 4.72 % change on previous year | +185.6% |
| 1988 | 5.92 % change on previous year | +25.3% |
| 1989 | 6.11 % change on previous year | +3.3% |
| 1990 | 5.82 % change on previous year | -4.8% |
| 1991 | 5.28 % change on previous year | -9.2% |
| 1992 | 4.01 % change on previous year | -24.1% |
| 1993 | 2.27 % change on previous year | -43.3% |
| 1994 | 4.67 % change on previous year | +105.5% |
| 1995 | 5.74 % change on previous year | +22.9% |
| 1996 | 4.1 % change on previous year | -28.6% |
| 1997 | 4.42 % change on previous year | +7.9% |
| 1998 | 8.06 % change on previous year | +82.4% |
| 1999 | -2.58 % change on previous year | -132.0% |
| 2000 | 1.33 % change on previous year | -151.6% |
| 2001 | 1.92 % change on previous year | +44.1% |
| 2002 | 1.69 % change on previous year | -11.8% |
| 2003 | 2.15 % change on previous year | +27.2% |
| 2004 | 3.57 % change on previous year | +66.0% |
| 2005 | 5.09 % change on previous year | +42.7% |
| 2006 | 5.1 % change on previous year | +0.2% |
| 2007 | 2.47 % change on previous year | -51.5% |
| 2008 | 5.13 % change on previous year | +107.6% |
| 2009 | 0.1947 % change on previous year | -96.2% |
| 2010 | 4.08 % change on previous year | +1996.3% |
| 2011 | 3.74 % change on previous year | -8.3% |
| 2012 | 1.91 % change on previous year | -49.0% |
| 2013 | 1.78 % change on previous year | -6.8% |
| 2014 | 1.44 % change on previous year | -19.0% |
| 2015 | 0.7221 % change on previous year | -49.9% |
| 2016 | 2.64 % change on previous year | +265.1% |
| 2017 | 1.9 % change on previous year | -27.9% |
| 2018 | 1.43 % change on previous year | -24.8% |
| 2019 | 1.01 % change on previous year | -29.0% |
| 2020 | -1.3 % change on previous year | -228.0% |
| 2021 | 1.77 % change on previous year | -236.4% |
| 2022 | 4.77 % change on previous year | +169.2% |
| 2023 | 1.22 % change on previous year | -74.4% |
| 2024 | 0.9269 % change on previous year | -24.0% |
Thailand compared with similar countries
- Thailand's 0.9269 % change on previous year is below the median for upper middle income countries, which is 3.82 % change on previous year, 24% of the median. (51 countries reporting)
- Thailand's 0.9269 % change on previous year is below the median for East Asia & Pacific, which is 3.08 % change on previous year, 30% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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 |
|---|---|---|---|
| 2010 | +1996.3% | 0.1947 % change on previous year | 4.08 % change on previous year |
| 1972 | +886.9% | -0.8285 % change on previous year | 6.52 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.59 % change on previous year | -0.8285 % change on previous year | 20.46 % change on previous year | 9 |
| 1980s | 5.16 % change on previous year | 1.45 % change on previous year | 12.45 % change on previous year | 10 |
| 1990s | 4.18 % change on previous year | -2.58 % change on previous year | 8.06 % change on previous year | 10 |
| 2000s | 2.87 % change on previous year | 0.1947 % change on previous year | 5.13 % change on previous year | 10 |
| 2010s | 2.07 % change on previous year | 0.7221 % change on previous year | 4.08 % change on previous year | 10 |
| 2020s | 1.48 % change on previous year | -1.3 % change on previous year | 4.77 % change on previous year | 5 |
Countries ranked near Thailand
- 175 Armenia 1.16 % change on previous year compare
- 176 Democratic People's Republic of Korea 1.12 % change on previous year compare
- 177 Saint Lucia 0.963 % change on previous year compare
- 179 Indonesia 0.8915 % change on previous year compare
- 180 Liechtenstein 0.8378 % change on previous year compare
- 181 Turks and Caicos Islands 0.8295 % change on previous year compare
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 gdp deflator — value standard local currency, 2015 prices, annual in Thailand?
- Gdp deflator — value standard local currency, 2015 prices, annual in Thailand was 0.9269 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Thailand?
- The highest recorded value was 20.46 % change on previous year in 1974.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Thailand?
- The lowest recorded value was -2.58 % change on previous year in 1999.
- How does Thailand rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Thailand ranks 178th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Thailand?
- Over the last ten years it is down 35.7%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.