Gross domestic product (GDP), Current prices, Domestic currency in Thailand
Thailand: Gross domestic product (GDP), Current prices, Domestic currency was 23.37 trillion in 2031. ◆ Volatile
Latest (2031)
23.37 trillion
Change on year
up 4.3%
World rank
9th
of 26 countries
All-time high
23.37 trillion
in 2031
All-time low
684.36 billion
in 1980
Years of data
52
1980–2031
Gross domestic product (GDP), Current prices, Domestic currency in Thailand, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Thailand is 23.37 trillion, measured in 2031. That is the highest value across all 52 years on record.
The figure is up 4.3% on the previous year and up 44.4% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Thailand peaked at 23.37 trillion in 2031 and was at its lowest, 684.36 billion, in 1980.
Thailand ranks 9th of 26 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), Current prices, Domestic currency in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 684.36 billion | — |
| 1981 | 785.51 billion | +14.8% |
| 1982 | 869.40 billion | +10.7% |
| 1983 | 951.42 billion | +9.4% |
| 1984 | 1.02 trillion | +7.3% |
| 1985 | 1.09 trillion | +6.9% |
| 1986 | 1.17 trillion | +7.3% |
| 1987 | 1.34 trillion | +14.7% |
| 1988 | 1.61 trillion | +20.0% |
| 1989 | 1.92 trillion | +19.1% |
| 1990 | 2.26 trillion | +18.0% |
| 1991 | 2.58 trillion | +14.1% |
| 1992 | 2.94 trillion | +13.6% |
| 1993 | 3.26 trillion | +11.2% |
| 1994 | 3.69 trillion | +13.0% |
| 1995 | 4.22 trillion | +14.3% |
| 1996 | 4.64 trillion | +10.0% |
| 1997 | 4.71 trillion | +1.5% |
| 1998 | 4.70 trillion | -0.2% |
| 1999 | 4.79 trillion | +1.9% |
| 2000 | 5.07 trillion | +5.8% |
| 2001 | 5.34 trillion | +5.4% |
| 2002 | 5.77 trillion | +7.9% |
| 2003 | 6.32 trillion | +9.5% |
| 2004 | 6.95 trillion | +10.1% |
| 2005 | 7.61 trillion | +9.5% |
| 2006 | 8.40 trillion | +10.3% |
| 2007 | 9.08 trillion | +8.0% |
| 2008 | 9.71 trillion | +6.9% |
| 2009 | 9.66 trillion | -0.5% |
| 2010 | 10.81 trillion | +11.9% |
| 2011 | 11.31 trillion | +4.6% |
| 2012 | 12.36 trillion | +9.3% |
| 2013 | 12.92 trillion | +4.5% |
| 2014 | 13.23 trillion | +2.4% |
| 2015 | 13.74 trillion | +3.9% |
| 2016 | 14.59 trillion | +6.2% |
| 2017 | 15.49 trillion | +6.2% |
| 2018 | 16.37 trillion | +5.7% |
| 2019 | 16.89 trillion | +3.2% |
| 2020 | 15.66 trillion | -7.3% |
| 2021 | 16.18 trillion | +3.4% |
| 2022 | 17.38 trillion | +7.4% |
| 2023 | 17.99 trillion | +3.5% |
| 2024 | 18.68 trillion | +3.8% |
| 2025 | 18.97 trillion | +1.6% |
| 2026 | 19.43 trillion | +2.4% |
| 2027 | 20.03 trillion | +3.1% |
| 2028 | 20.73 trillion | +3.5% |
| 2029 | 21.54 trillion | +3.9% |
| 2030 | 22.40 trillion | +4.0% |
| 2031 | 23.37 trillion | +4.3% |
Thailand compared with similar countries
- Thailand's 23.37 trillion is above the median for upper middle income countries, which is 13.30 trillion, 1.8× the median. (7 countries reporting)
- Thailand's 23.37 trillion is above the median for East Asia & Pacific, which is 4.38 trillion, 5.3× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.14 trillion | 684.36 billion | 1.92 trillion | 10 |
| 1990s | 3.78 trillion | 2.26 trillion | 4.79 trillion | 10 |
| 2000s | 7.39 trillion | 5.07 trillion | 9.71 trillion | 10 |
| 2010s | 13.77 trillion | 10.81 trillion | 16.89 trillion | 10 |
| 2020s | 18.66 trillion | 15.66 trillion | 21.54 trillion | 10 |
| 2030s | 22.89 trillion | 22.40 trillion | 23.37 trillion | 2 |
Countries ranked near Thailand
- 6 Türkiye 206.94 trillion compare
- 7 Egypt 38.91 trillion compare
- 8 Chinese Taipei 37.40 trillion compare
- 10 Dominican Republic 13.30 trillion compare
- 11 Saudi Arabia 6.49 trillion compare
- 12 Poland 5.38 trillion compare
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), current prices, domestic currency in Thailand?
- Gross domestic product (gdp), current prices, domestic currency in Thailand was 23.37 trillion in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Thailand?
- The highest recorded value was 23.37 trillion in 2031.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Thailand?
- The lowest recorded value was 684.36 billion in 1980.
- How does Thailand rank for gross domestic product (gdp), current prices, domestic currency?
- Thailand ranks 9th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Thailand?
- Over the last ten years it is up 44.4%. 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), Current prices, Domestic currency (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.