GDP Deflator — Value US$, 2015 prices in Thailand
Thailand: GDP Deflator — Value US$, 2015 prices was 111.79 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Thailand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Thailand stood at 111.79 USD.
Compared with earlier readings it is down 0.5% on the previous year and up 6.8% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Thailand peaked at 118.2 USD in 2019 and was at its lowest, 21.11 USD, in 1971.
That places Thailand 140th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Thailand, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 21.28 USD | — |
| 1971 | 21.11 USD | -0.8% |
| 1972 | 22.48 USD | +6.5% |
| 1973 | 26.96 USD | +19.9% |
| 1974 | 32.87 USD | +21.9% |
| 1975 | 34.05 USD | +3.6% |
| 1976 | 35.53 USD | +4.3% |
| 1977 | 37.65 USD | +6.0% |
| 1978 | 41.37 USD | +9.9% |
| 1979 | 44.79 USD | +8.3% |
| 1980 | 50.22 USD | +12.1% |
| 1981 | 51.07 USD | +1.7% |
| 1982 | 50.91 USD | -0.3% |
| 1983 | 52.76 USD | +3.6% |
| 1984 | 52.08 USD | -1.3% |
| 1985 | 46.32 USD | -11.1% |
| 1986 | 48.62 USD | +5.0% |
| 1987 | 52.06 USD | +7.1% |
| 1988 | 56.08 USD | +7.7% |
| 1989 | 58.56 USD | +4.4% |
| 1990 | 62.25 USD | +6.3% |
| 1991 | 65.71 USD | +5.6% |
| 1992 | 68.66 USD | +4.5% |
| 1993 | 70.45 USD | +2.6% |
| 1994 | 74.24 USD | +5.4% |
| 1995 | 79.24 USD | +6.7% |
| 1996 | 81.09 USD | +2.3% |
| 1997 | 68.42 USD | -15.6% |
| 1998 | 56.07 USD | -18.1% |
| 1999 | 59.75 USD | +6.6% |
| 2000 | 57.07 USD | -4.5% |
| 2001 | 52.51 USD | -8.0% |
| 2002 | 55.23 USD | +5.2% |
| 2003 | 58.42 USD | +5.8% |
| 2004 | 62.41 USD | +6.8% |
| 2005 | 65.59 USD | +5.1% |
| 2006 | 73.19 USD | +11.6% |
| 2007 | 82.31 USD | +12.5% |
| 2008 | 89.67 USD | +8.9% |
| 2009 | 87.29 USD | -2.6% |
| 2010 | 98.31 USD | +12.6% |
| 2011 | 105.98 USD | +7.8% |
| 2012 | 105.95 USD | -0.0% |
| 2013 | 109.09 USD | +3.0% |
| 2014 | 104.69 USD | -4.0% |
| 2015 | 100 USD | -4.5% |
| 2016 | 99.59 USD | -0.4% |
| 2017 | 105.53 USD | +6.0% |
| 2018 | 112.44 USD | +6.5% |
| 2019 | 118.2 USD | +5.1% |
| 2020 | 115.75 USD | -2.1% |
| 2021 | 115.28 USD | -0.4% |
| 2022 | 110.15 USD | -4.4% |
| 2023 | 112.33 USD | +2.0% |
| 2024 | 111.79 USD | -0.5% |
Thailand compared with similar countries
- Thailand's 111.79 USD is below the median for upper middle income countries, which is 121.31 USD, 92% of the median. (51 countries reporting)
- Thailand's 111.79 USD is below the median for East Asia & Pacific, which is 118.05 USD, 95% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.81 USD | 21.11 USD | 44.79 USD | 10 |
| 1980s | 51.87 USD | 46.32 USD | 58.56 USD | 10 |
| 1990s | 68.59 USD | 56.07 USD | 81.09 USD | 10 |
| 2000s | 68.37 USD | 52.51 USD | 89.67 USD | 10 |
| 2010s | 105.98 USD | 98.31 USD | 118.2 USD | 10 |
| 2020s | 113.06 USD | 110.15 USD | 115.75 USD | 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)
- 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$), annual growth rate 19.13 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Thailand?
- Gdp deflator — value us$, 2015 prices in Thailand was 111.79 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Thailand?
- The highest recorded value was 118.2 USD in 2019.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Thailand?
- The lowest recorded value was 21.11 USD in 1971.
- How does Thailand rank for gdp deflator — value us$, 2015 prices?
- Thailand ranks 140th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Thailand?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 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).