Gross Domestic Product — Value Standard Local Currency, 2015 prices in Thailand
Thailand: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 2.53 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Thailand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Thailand recorded 2.53 % change on previous year for gross domestic product — value standard local currency, 2015 prices in 2024.
That represents a change of up 34.2% on the previous year and up 156.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Thailand peaked at 13.29 % change on previous year in 1988 and was at its lowest, -7.63 % change on previous year, in 1998.
That places Thailand 139th out of 223 countries with data for 2024, 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 — Value Standard Local Currency, 2015 prices in Thailand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.96 % change on previous year | — |
| 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 | -55.8% |
| 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 | 4.78 % change on previous year | -10.0% |
| 1981 | 5.91 % change on previous year | +23.5% |
| 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 | -68.3% |
| 2009 | -0.691 % change on previous year | -140.0% |
| 2010 | 7.51 % change on previous year | -1187.5% |
| 2011 | 0.8399 % change on previous year | -88.8% |
| 2012 | 7.24 % change on previous year | +762.4% |
| 2013 | 2.69 % change on previous year | -62.9% |
| 2014 | 0.9844 % change on previous year | -63.4% |
| 2015 | 3.13 % change on previous year | +218.4% |
| 2016 | 3.44 % change on previous year | +9.6% |
| 2017 | 4.18 % change on previous year | +21.6% |
| 2018 | 4.22 % change on previous year | +1.1% |
| 2019 | 2.11 % change on previous year | -49.9% |
| 2020 | -6.05 % change on previous year | -386.2% |
| 2021 | 1.57 % change on previous year | -125.9% |
| 2022 | 2.46 % change on previous year | +57.1% |
| 2023 | 1.88 % change on previous year | -23.6% |
| 2024 | 2.53 % change on previous year | +34.2% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +1187.5% | -0.691 % change on previous year | 7.51 % change on previous year |
| 2012 | +762.4% | 0.8399 % change on previous year | 7.24 % change on previous year |
| 2020 | -386.2% | 2.11 % change on previous year | -6.05 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.01 % change on previous year | 4.07 % change on previous year | 10.44 % change on previous year | 9 |
| 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 | -0.691 % change on previous year | 7.19 % change on previous year | 10 |
| 2010s | 3.64 % change on previous year | 0.8399 % change on previous year | 7.51 % change on previous year | 10 |
| 2020s | 0.478 % change on previous year | -6.05 % change on previous year | 2.53 % change on previous year | 5 |
Countries ranked near Thailand
- 136 Congo 2.58 % change on previous year compare
- 137 China, Hong Kong SAR 2.54 % change on previous year compare
- 138 Solomon Islands 2.54 % change on previous year compare
- 140 Jordan 2.49 % change on previous year compare
- 141 Bosnia and Herzegovina 2.48 % change on previous year compare
- 142 Egypt 2.4 % change on previous year 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 — value standard local currency, 2015 prices in Thailand?
- Gross domestic product — value standard local currency, 2015 prices in Thailand was 2.53 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Thailand?
- The highest recorded value was 13.29 % change on previous year in 1988.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Thailand?
- The lowest recorded value was -7.63 % change on previous year in 1998.
- How does Thailand rank for gross domestic product — value standard local currency, 2015 prices?
- Thailand ranks 139th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Thailand?
- Over the last ten years it is up 156.6%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.