Gross Domestic Product — Value US$ in Thailand
Thailand: Gross Domestic Product — Value US$ was 525,430 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Thailand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Thailand stood at 525,430 million USD.
That represents a change of up 2.0% on the previous year and up 29.0% over ten years.
Over the whole period, gross domestic product — value us$ in Thailand peaked at 543,977 million USD in 2019 and was at its lowest, 7,387 million USD, in 1970.
Thailand ranks 29th of 203 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Thailand, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 7,387 million USD | — |
| 1971 | 7,690 million USD | +4.1% |
| 1972 | 8,525 million USD | +10.9% |
| 1973 | 11,230 million USD | +31.7% |
| 1974 | 14,286 million USD | +27.2% |
| 1975 | 15,517 million USD | +8.6% |
| 1976 | 17,709 million USD | +14.1% |
| 1977 | 20,623 million USD | +16.5% |
| 1978 | 25,030 million USD | +21.4% |
| 1979 | 28,535 million USD | +14.0% |
| 1980 | 33,528 million USD | +17.5% |
| 1981 | 36,111 million USD | +7.7% |
| 1982 | 37,918 million USD | +5.0% |
| 1983 | 41,497 million USD | +9.4% |
| 1984 | 43,315 million USD | +4.4% |
| 1985 | 40,313 million USD | -6.9% |
| 1986 | 44,662 million USD | +10.8% |
| 1987 | 52,370 million USD | +17.3% |
| 1988 | 63,906 million USD | +22.0% |
| 1989 | 74,874 million USD | +17.2% |
| 1990 | 88,460 million USD | +18.1% |
| 1991 | 101,247 million USD | +14.5% |
| 1992 | 115,577 million USD | +14.2% |
| 1993 | 128,889 million USD | +11.5% |
| 1994 | 146,684 million USD | +13.8% |
| 1995 | 169,279 million USD | +15.4% |
| 1996 | 183,035 million USD | +8.1% |
| 1997 | 150,180 million USD | -18.0% |
| 1998 | 113,676 million USD | -24.3% |
| 1999 | 126,669 million USD | +11.4% |
| 2000 | 126,392 million USD | -0.2% |
| 2001 | 120,296 million USD | -4.8% |
| 2002 | 134,301 million USD | +11.6% |
| 2003 | 152,281 million USD | +13.4% |
| 2004 | 172,896 million USD | +13.5% |
| 2005 | 189,318 million USD | +9.5% |
| 2006 | 221,758 million USD | +17.1% |
| 2007 | 262,943 million USD | +18.6% |
| 2008 | 291,383 million USD | +10.8% |
| 2009 | 281,711 million USD | -3.3% |
| 2010 | 341,105 million USD | +21.1% |
| 2011 | 370,819 million USD | +8.7% |
| 2012 | 397,559 million USD | +7.2% |
| 2013 | 420,334 million USD | +5.7% |
| 2014 | 407,339 million USD | -3.1% |
| 2015 | 401,296 million USD | -1.5% |
| 2016 | 413,366 million USD | +3.0% |
| 2017 | 456,357 million USD | +10.4% |
| 2018 | 506,754 million USD | +11.0% |
| 2019 | 543,977 million USD | +7.3% |
| 2020 | 500,462 million USD | -8.0% |
| 2021 | 506,256 million USD | +1.2% |
| 2022 | 495,646 million USD | -2.1% |
| 2023 | 514,945 million USD | +3.9% |
| 2024 | 525,430 million USD | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15,653 million USD | 7,387 million USD | 28,535 million USD | 10 |
| 1980s | 46,850 million USD | 33,528 million USD | 74,874 million USD | 10 |
| 1990s | 132,370 million USD | 88,460 million USD | 183,035 million USD | 10 |
| 2000s | 195,328 million USD | 120,296 million USD | 291,383 million USD | 10 |
| 2010s | 425,891 million USD | 341,105 million USD | 543,977 million USD | 10 |
| 2020s | 508,548 million USD | 495,646 million USD | 525,430 million USD | 5 |
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)
- GNI (current LCU), annual growth rate 2.19 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 32.03 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 258,075 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 11.73 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 17.76 % change on previous year (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0231 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 43.25 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 31.58 (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Thailand?
- Gross domestic product — value us$ in Thailand was 525,430 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Thailand?
- The highest recorded value was 543,977 million USD in 2019.
- What is the lowest gross domestic product — value us$ recorded in Thailand?
- The lowest recorded value was 7,387 million USD in 1970.
- How does Thailand rank for gross domestic product — value us$?
- Thailand ranks 29th out of 203 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Thailand?
- Over the last ten years it is up 29.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).