Gross National Income — Value Standard Local Currency, annual growth in Thailand
Thailand: Gross National Income — Value Standard Local Currency, annual growth was 3.13 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Thailand, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Thailand recorded 3.13 % change on previous year for gross national income — value standard local currency, annual growth in 2023.
That represents a change of down 61.0% on the previous year and up 23.4% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Thailand peaked at 30.55 % change on previous year in 1973 and was at its lowest, -5.87 % change on previous year, in 2020.
Thailand ranks 190th of 231 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Thailand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.84 % change on previous year | — |
| 1972 | 10.56 % change on previous year | +174.8% |
| 1973 | 30.55 % change on previous year | +189.3% |
| 1974 | 26.16 % change on previous year | -14.4% |
| 1975 | 8.67 % change on previous year | -66.9% |
| 1976 | 13.95 % change on previous year | +61.0% |
| 1977 | 16.38 % change on previous year | +17.4% |
| 1978 | 20.47 % change on previous year | +25.0% |
| 1979 | 14.04 % change on previous year | -31.4% |
| 1980 | 18.18 % change on previous year | +29.5% |
| 1981 | 13.88 % change on previous year | -23.6% |
| 1982 | 10.73 % change on previous year | -22.7% |
| 1983 | 10.34 % change on previous year | -3.7% |
| 1984 | 6.82 % change on previous year | -34.0% |
| 1985 | 6.38 % change on previous year | -6.5% |
| 1986 | 6.94 % change on previous year | +8.8% |
| 1987 | 14.99 % change on previous year | +116.1% |
| 1988 | 20.16 % change on previous year | +34.5% |
| 1989 | 19.41 % change on previous year | -3.7% |
| 1990 | 17.68 % change on previous year | -8.9% |
| 1991 | 14.05 % change on previous year | -20.5% |
| 1992 | 13.25 % change on previous year | -5.7% |
| 1993 | 11.33 % change on previous year | -14.5% |
| 1994 | 12.93 % change on previous year | +14.1% |
| 1995 | 14.15 % change on previous year | +9.5% |
| 1996 | 9.33 % change on previous year | -34.1% |
| 1997 | 1.07 % change on previous year | -88.6% |
| 1998 | -1.11 % change on previous year | -204.5% |
| 1999 | 2.74 % change on previous year | -346.2% |
| 2000 | 7.04 % change on previous year | +156.8% |
| 2001 | 4.54 % change on previous year | -35.5% |
| 2002 | 7.15 % change on previous year | +57.4% |
| 2003 | 8.84 % change on previous year | +23.8% |
| 2004 | 9.79 % change on previous year | +10.7% |
| 2005 | 9.33 % change on previous year | -4.6% |
| 2006 | 11.21 % change on previous year | +20.1% |
| 2007 | 8.4 % change on previous year | -25.1% |
| 2008 | 6.68 % change on previous year | -20.5% |
| 2009 | -0.3499 % change on previous year | -105.2% |
| 2010 | 11.11 % change on previous year | -3274.0% |
| 2011 | 6.56 % change on previous year | -41.0% |
| 2012 | 6.86 % change on previous year | +4.6% |
| 2013 | 2.53 % change on previous year | -63.1% |
| 2014 | 3.8 % change on previous year | +50.2% |
| 2015 | 3.86 % change on previous year | +1.6% |
| 2016 | 6.68 % change on previous year | +72.8% |
| 2017 | 6.4 % change on previous year | -4.2% |
| 2018 | 5.32 % change on previous year | -16.8% |
| 2019 | 4.4 % change on previous year | -17.2% |
| 2020 | -5.87 % change on previous year | -233.2% |
| 2021 | 2.04 % change on previous year | -134.8% |
| 2022 | 8.01 % change on previous year | +293.0% |
| 2023 | 3.13 % change on previous year | -61.0% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 | +3274.0% | -0.3499 % change on previous year | 11.11 % change on previous year |
| 1999 | +346.2% | -1.11 % change on previous year | 2.74 % change on previous year |
| 2022 | +293.0% | 2.04 % change on previous year | 8.01 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.07 % change on previous year | 3.84 % change on previous year | 30.55 % change on previous year | 9 |
| 1980s | 12.78 % change on previous year | 6.38 % change on previous year | 20.16 % change on previous year | 10 |
| 1990s | 9.54 % change on previous year | -1.11 % change on previous year | 17.68 % change on previous year | 10 |
| 2000s | 7.26 % change on previous year | -0.3499 % change on previous year | 11.21 % change on previous year | 10 |
| 2010s | 5.75 % change on previous year | 2.53 % change on previous year | 11.11 % change on previous year | 10 |
| 2020s | 1.83 % change on previous year | -5.87 % change on previous year | 8.01 % change on previous year | 4 |
Countries ranked near Thailand
- 187 Uruguay 3.81 % change on previous year compare
- 188 Netherlands Antilles (former) 3.59 % change on previous year compare
- 189 Saint Lucia 3.56 % change on previous year compare
- 191 United Arab Emirates 3.02 % change on previous year compare
- 192 Lesotho 2.79 % change on previous year compare
- 193 Czechoslovakia 2.76 % 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 national income — value standard local currency, annual growth in Thailand?
- Gross national income — value standard local currency, annual growth in Thailand was 3.13 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Thailand?
- The highest recorded value was 30.55 % change on previous year in 1973.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Thailand?
- The lowest recorded value was -5.87 % change on previous year in 2020.
- How does Thailand rank for gross national income — value standard local currency, annual growth?
- Thailand ranks 190th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Thailand?
- Over the last ten years it is up 23.4%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.