GDP growth in Thailand
Thailand: GDP growth was 2.4% in 2025. ◆ Volatile
GDP growth in Thailand, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Thailand recorded 2.4% for gdp growth in 2025.
That represents a change of down 17.2% on the previous year and down 22.1% over ten years.
Over the whole period, gdp growth in Thailand peaked at 13.3% in 1988 and was at its lowest, -7.6%, in 1998.
Thailand ranks 134th of 213 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.
GDP growth in Thailand, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 5.4% | — |
| 1962 | 7.6% | +40.9% |
| 1963 | 8.0% | +5.9% |
| 1964 | 6.8% | -14.6% |
| 1965 | 8.2% | +19.8% |
| 1966 | 11.1% | +35.9% |
| 1967 | 8.6% | -22.5% |
| 1968 | 8.1% | -5.7% |
| 1969 | 6.6% | -19.3% |
| 1970 | 11.4% | +74.1% |
| 1971 | 4.9% | -57.1% |
| 1972 | 4.3% | -12.6% |
| 1973 | 10.2% | +139.3% |
| 1974 | 4.5% | -56.4% |
| 1975 | 5.0% | +11.3% |
| 1976 | 9.3% | +87.6% |
| 1977 | 9.8% | +5.5% |
| 1978 | 10.3% | +4.6% |
| 1979 | 5.4% | -47.8% |
| 1980 | 5.2% | -3.7% |
| 1981 | 5.9% | +14.2% |
| 1982 | 5.4% | -9.4% |
| 1983 | 5.6% | +4.3% |
| 1984 | 5.8% | +3.0% |
| 1985 | 4.6% | -19.2% |
| 1986 | 5.5% | +19.1% |
| 1987 | 9.5% | +72.0% |
| 1988 | 13.3% | +39.6% |
| 1989 | 12.2% | -8.3% |
| 1990 | 11.2% | -8.4% |
| 1991 | 8.6% | -23.4% |
| 1992 | 8.1% | -5.5% |
| 1993 | 8.3% | +2.1% |
| 1994 | 8.0% | -3.1% |
| 1995 | 8.1% | +1.5% |
| 1996 | 5.7% | -30.4% |
| 1997 | -2.8% | -148.7% |
| 1998 | -7.6% | +177.2% |
| 1999 | 4.6% | -159.9% |
| 2000 | 4.5% | -2.6% |
| 2001 | 3.4% | -22.7% |
| 2002 | 6.1% | +78.5% |
| 2003 | 7.2% | +16.9% |
| 2004 | 6.3% | -12.5% |
| 2005 | 4.2% | -33.4% |
| 2006 | 5.0% | +18.6% |
| 2007 | 5.4% | +9.4% |
| 2008 | 1.7% | -68.2% |
| 2009 | -0.7% | -140.0% |
| 2010 | 7.5% | -1187.9% |
| 2011 | 0.8% | -88.8% |
| 2012 | 7.2% | +762.1% |
| 2013 | 2.7% | -62.9% |
| 2014 | 1.0% | -63.4% |
| 2015 | 3.1% | +218.3% |
| 2016 | 3.4% | +9.6% |
| 2017 | 4.2% | +21.6% |
| 2018 | 4.2% | +1.1% |
| 2019 | 2.1% | -49.9% |
| 2020 | -6.1% | -388.1% |
| 2021 | 1.6% | -125.6% |
| 2022 | 2.6% | +69.2% |
| 2023 | 2.2% | -14.7% |
| 2024 | 2.9% | +31.1% |
| 2025 | 2.4% | -17.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.8% | 5.4% | 11.1% | 9 |
| 1970s | 7.5% | 4.3% | 11.4% | 10 |
| 1980s | 7.3% | 4.6% | 13.3% | 10 |
| 1990s | 5.2% | -7.6% | 11.2% | 10 |
| 2000s | 4.3% | -0.7% | 7.2% | 10 |
| 2010s | 3.6% | 0.8% | 7.5% | 10 |
| 2020s | 1.0% | -6.1% | 2.9% | 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)
- GDP (constant 2015 US$), annual growth rate 2.44 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8419 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,783 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.44 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 19.98 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 160,932 constant LCU per person (2025)
- 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)
Frequently asked questions
- What is gdp growth in Thailand?
- Gdp growth in Thailand was 2.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Thailand?
- The highest recorded value was 13.3% in 1988.
- What is the lowest gdp growth recorded in Thailand?
- The lowest recorded value was -7.6% in 1998.
- How does Thailand rank for gdp growth?
- Thailand ranks 134th out of 213 countries with data for 2025.
- Is gdp growth rising or falling in Thailand?
- Over the last ten years it is down 22.1%. 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 GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.