Gross domestic product (GDP), Constant prices, Percent change in Thailand
Thailand: Gross domestic product (GDP), Constant prices, Percent change was 2.5 in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Percent change in Thailand, 1980–2031
Source: International Monetary Fund.
Analysis
Thailand recorded 2.5 for gross domestic product (gdp), constant prices, percent change in 2031.
That represents a change of up 0.1% on the previous year and up 61.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, percent change in Thailand peaked at 13.29 in 1988 and was at its lowest, -7.63, in 1998.
That places Thailand 15th out of 26 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Percent change in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 4.6 | — |
| 1981 | 5.91 | +28.4% |
| 1982 | 5.35 | -9.4% |
| 1983 | 5.58 | +4.3% |
| 1984 | 5.76 | +3.2% |
| 1985 | 4.64 | -19.4% |
| 1986 | 5.53 | +19.2% |
| 1987 | 9.52 | +72.0% |
| 1988 | 13.29 | +39.6% |
| 1989 | 12.19 | -8.2% |
| 1990 | 11.62 | -4.7% |
| 1991 | 8.4 | -27.7% |
| 1992 | 9.23 | +9.8% |
| 1993 | 8.68 | -6.0% |
| 1994 | 8 | -7.8% |
| 1995 | 8.12 | +1.5% |
| 1996 | 5.65 | -30.4% |
| 1997 | -2.75 | -148.7% |
| 1998 | -7.63 | +177.2% |
| 1999 | 4.57 | -159.9% |
| 2000 | 4.46 | -2.6% |
| 2001 | 3.44 | -22.7% |
| 2002 | 6.15 | +78.5% |
| 2003 | 7.19 | +16.9% |
| 2004 | 6.29 | -12.5% |
| 2005 | 4.19 | -33.4% |
| 2006 | 4.97 | +18.6% |
| 2007 | 5.44 | +9.4% |
| 2008 | 1.73 | -68.2% |
| 2009 | -0.6906 | -140.0% |
| 2010 | 7.51 | -1187.9% |
| 2011 | 0.8401 | -88.8% |
| 2012 | 7.24 | +762.1% |
| 2013 | 2.69 | -62.9% |
| 2014 | 0.9845 | -63.4% |
| 2015 | 3.13 | +218.3% |
| 2016 | 3.44 | +9.6% |
| 2017 | 4.18 | +21.6% |
| 2018 | 4.22 | +1.1% |
| 2019 | 2.11 | -49.9% |
| 2020 | -6.09 | -388.1% |
| 2021 | 1.55 | -125.5% |
| 2022 | 2.68 | +72.9% |
| 2023 | 2.24 | -16.6% |
| 2024 | 2.94 | +31.5% |
| 2025 | 2.41 | -18.1% |
| 2026 | 1.5 | -37.8% |
| 2027 | 2.1 | +40.0% |
| 2028 | 2.29 | +9.1% |
| 2029 | 2.46 | +7.2% |
| 2030 | 2.5 | +1.7% |
| 2031 | 2.5 | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.24 | 4.6 | 13.29 | 10 |
| 1990s | 5.39 | -7.63 | 11.62 | 10 |
| 2000s | 4.32 | -0.6906 | 7.19 | 10 |
| 2010s | 3.64 | 0.8401 | 7.51 | 10 |
| 2020s | 1.41 | -6.09 | 2.94 | 10 |
| 2030s | 2.5 | 2.5 | 2.5 | 2 |
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 gross domestic product (gdp), constant prices, percent change in Thailand?
- Gross domestic product (gdp), constant prices, percent change in Thailand was 2.5 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, percent change recorded in Thailand?
- The highest recorded value was 13.29 in 1988.
- What is the lowest gross domestic product (gdp), constant prices, percent change recorded in Thailand?
- The lowest recorded value was -7.63 in 1998.
- How does Thailand rank for gross domestic product (gdp), constant prices, percent change?
- Thailand ranks 15th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, percent change rising or falling in Thailand?
- Over the last ten years it is up 61.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Percent change (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.