Gross domestic product (GDP), Constant prices, Purchasing power in Thailand

Thailand: Gross domestic product (GDP), Constant prices, Purchasing power was 2.37 % change on previous year in 2019. ◆ Volatile

Latest (2019)
2.37 % change on previous year
Change on year
down 42.6%
World rank
99th
of 193 countries
All-time high
38.05 % change on previous year
in 1970
All-time low
-7.63 % change on previous year
in 1998
Years of data
59
1961–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Thailand, 1961–2019

-10010203040196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Thailand is 2.37 % change on previous year, measured in 2019.

The figure is down 42.6% on the previous year and up 443.4% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Thailand peaked at 38.05 % change on previous year in 1970 and was at its lowest, -7.63 % change on previous year, in 1998.

Thailand ranks 99th of 193 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.

Gross domestic product (GDP), Constant prices, Purchasing power in Thailand, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Thailand, 1961 to 2019.
Year % change on previous year Change
1961 5.28 % change on previous year —
1962 8.07 % change on previous year +52.9%
1963 8.36 % change on previous year +3.6%
1964 6.61 % change on previous year -20.9%
1965 7.86 % change on previous year +19.0%
1966 12.21 % change on previous year +55.3%
1967 7.79 % change on previous year -36.2%
1968 8.18 % change on previous year +5.0%
1969 8.65 % change on previous year +5.8%
1970 38.05 % change on previous year +339.7%
1971 4.96 % change on previous year -87.0%
1972 4.07 % change on previous year -17.9%
1973 9.86 % change on previous year +142.1%
1974 4.35 % change on previous year -55.9%
1975 4.85 % change on previous year +11.3%
1976 9.38 % change on previous year +93.5%
1977 9.9 % change on previous year +5.6%
1978 10.44 % change on previous year +5.5%
1979 5.31 % change on previous year -49.1%
1980 4.79 % change on previous year -9.9%
1981 5.91 % change on previous year +23.4%
1982 5.35 % change on previous year -9.4%
1983 5.58 % change on previous year +4.3%
1984 5.75 % change on previous year +3.0%
1985 4.65 % change on previous year -19.2%
1986 5.53 % change on previous year +19.1%
1987 9.52 % change on previous year +72.0%
1988 13.29 % change on previous year +39.6%
1989 12.19 % change on previous year -8.2%
1990 11.14 % change on previous year -8.6%
1991 8.42 % change on previous year -24.4%
1992 9.25 % change on previous year +9.8%
1993 8.69 % change on previous year -6.0%
1994 8 % change on previous year -8.0%
1995 8.12 % change on previous year +1.5%
1996 5.65 % change on previous year -30.4%
1997 -2.75 % change on previous year -148.7%
1998 -7.63 % change on previous year +177.2%
1999 4.57 % change on previous year -159.9%
2000 4.46 % change on previous year -2.6%
2001 3.44 % change on previous year -22.7%
2002 6.15 % change on previous year +78.5%
2003 7.19 % change on previous year +16.9%
2004 6.29 % change on previous year -12.5%
2005 4.19 % change on previous year -33.4%
2006 4.97 % change on previous year +18.6%
2007 5.44 % change on previous year +9.4%
2008 1.73 % change on previous year -68.2%
2009 -0.6907 % change on previous year -140.0%
2010 7.51 % change on previous year -1187.8%
2011 0.8402 % change on previous year -88.8%
2012 7.24 % change on previous year +762.1%
2013 2.69 % change on previous year -62.9%
2014 0.9838 % change on previous year -63.4%
2015 3.13 % change on previous year +218.6%
2016 3.36 % change on previous year +7.1%
2017 4.02 % change on previous year +19.9%
2018 4.13 % change on previous year +2.6%
2019 2.37 % change on previous year -42.6%

Thailand compared with similar countries

  • Thailand's 2.37 % change on previous year is below the median for upper middle income countries, which is 2.68 % change on previous year, 89% of the median. (57 countries reporting)
  • Thailand's 2.37 % change on previous year is above the median for East Asia & Pacific, which is 2.37 % change on previous year, 1.0× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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.

YearChange FromTo
2010 +1187.8% -0.6907 % change on previous year 7.51 % change on previous year
2012 +762.1% 0.8402 % change on previous year 7.24 % change on previous year
1970 +339.7% 8.65 % change on previous year 38.05 % change on previous year
2015 +218.6% 0.9838 % change on previous year 3.13 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.11 % change on previous year 5.28 % change on previous year 12.21 % change on previous year 9
1970s 10.12 % change on previous year 4.07 % change on previous year 38.05 % change on previous year 10
1980s 7.26 % change on previous year 4.65 % change on previous year 13.29 % change on previous year 10
1990s 5.35 % change on previous year -7.63 % change on previous year 11.14 % change on previous year 10
2000s 4.32 % change on previous year -0.6907 % change on previous year 7.19 % change on previous year 10
2010s 3.63 % change on previous year 0.8402 % change on previous year 7.51 % change on previous year 10

Countries ranked near Thailand

  1. 96 Saint Kitts and Nevis 2.51 % change on previous year compare
  2. 97 Slovakia 2.4 % change on previous year compare
  3. 98 El Salvador 2.38 % change on previous year compare
  4. 100 Luxembourg 2.3 % change on previous year compare
  5. 101 Kiribati 2.3 % change on previous year compare
  6. 102 Mozambique 2.28 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Thailand?
Gross domestic product (gdp), constant prices, purchasing power in Thailand was 2.37 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Thailand?
The highest recorded value was 38.05 % change on previous year in 1970.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Thailand?
The lowest recorded value was -7.63 % change on previous year in 1998.
How does Thailand rank for gross domestic product (gdp), constant prices, purchasing power?
Thailand ranks 99th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Thailand?
Over the last ten years it is up 443.4%. 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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Thailand. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/thailand/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.