GDP Deflator — Value Standard Local Currency, 2015 prices in Thailand
Thailand: GDP Deflator — Value Standard Local Currency, 2015 prices was 115.2 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Thailand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Thailand recorded 115.2 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
The figure is up 0.9% on the previous year and up 16.0% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Thailand peaked at 115.2 SLC in 2024 and was at its lowest, 12.82 SLC, in 1971.
Thailand ranks 169th of 194 countries on this measure, 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 in Thailand, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 12.93 SLC | — |
| 1971 | 12.82 SLC | -0.8% |
| 1972 | 13.66 SLC | +6.5% |
| 1973 | 16.23 SLC | +18.9% |
| 1974 | 19.55 SLC | +20.5% |
| 1975 | 20.26 SLC | +3.6% |
| 1976 | 21.16 SLC | +4.4% |
| 1977 | 22.42 SLC | +6.0% |
| 1978 | 24.57 SLC | +9.6% |
| 1979 | 26.7 SLC | +8.7% |
| 1980 | 30.03 SLC | +12.5% |
| 1981 | 32.54 SLC | +8.4% |
| 1982 | 34.19 SLC | +5.1% |
| 1983 | 35.43 SLC | +3.6% |
| 1984 | 35.95 SLC | +1.4% |
| 1985 | 36.73 SLC | +2.2% |
| 1986 | 37.34 SLC | +1.7% |
| 1987 | 39.1 SLC | +4.7% |
| 1988 | 41.42 SLC | +5.9% |
| 1989 | 43.95 SLC | +6.1% |
| 1990 | 46.5 SLC | +5.8% |
| 1991 | 48.96 SLC | +5.3% |
| 1992 | 50.92 SLC | +4.0% |
| 1993 | 52.08 SLC | +2.3% |
| 1994 | 54.52 SLC | +4.7% |
| 1995 | 57.64 SLC | +5.7% |
| 1996 | 60.01 SLC | +4.1% |
| 1997 | 62.66 SLC | +4.4% |
| 1998 | 67.71 SLC | +8.1% |
| 1999 | 65.97 SLC | -2.6% |
| 2000 | 66.85 SLC | +1.3% |
| 2001 | 68.13 SLC | +1.9% |
| 2002 | 69.28 SLC | +1.7% |
| 2003 | 70.77 SLC | +2.1% |
| 2004 | 73.29 SLC | +3.6% |
| 2005 | 77.03 SLC | +5.1% |
| 2006 | 80.96 SLC | +5.1% |
| 2007 | 82.96 SLC | +2.5% |
| 2008 | 87.22 SLC | +5.1% |
| 2009 | 87.39 SLC | +0.2% |
| 2010 | 90.96 SLC | +4.1% |
| 2011 | 94.36 SLC | +3.7% |
| 2012 | 96.16 SLC | +1.9% |
| 2013 | 97.87 SLC | +1.8% |
| 2014 | 99.28 SLC | +1.4% |
| 2015 | 100 SLC | +0.7% |
| 2016 | 102.64 SLC | +2.6% |
| 2017 | 104.59 SLC | +1.9% |
| 2018 | 106.08 SLC | +1.4% |
| 2019 | 107.16 SLC | +1.0% |
| 2020 | 105.77 SLC | -1.3% |
| 2021 | 107.64 SLC | +1.8% |
| 2022 | 112.77 SLC | +4.8% |
| 2023 | 114.14 SLC | +1.2% |
| 2024 | 115.2 SLC | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.03 SLC | 12.82 SLC | 26.7 SLC | 10 |
| 1980s | 36.67 SLC | 30.03 SLC | 43.95 SLC | 10 |
| 1990s | 56.7 SLC | 46.5 SLC | 67.71 SLC | 10 |
| 2000s | 76.39 SLC | 66.85 SLC | 87.39 SLC | 10 |
| 2010s | 99.91 SLC | 90.96 SLC | 107.16 SLC | 10 |
| 2020s | 111.1 SLC | 105.77 SLC | 115.2 SLC | 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)
- Gross domestic savings (current US$), annual growth rate 6.13 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2489 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 2,005 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -1.12 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 8.18 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 65,931 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 7.7 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9543 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Thailand?
- Gdp deflator — value standard local currency, 2015 prices in Thailand was 115.2 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Thailand?
- The highest recorded value was 115.2 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Thailand?
- The lowest recorded value was 12.82 SLC in 1971.
- How does Thailand rank for gdp deflator — value standard local currency, 2015 prices?
- Thailand ranks 169th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Thailand?
- Over the last ten years it is up 16.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).