Gross value added at basic prices (GVA) (constant LCU), annual growth in Thailand
Thailand: Gross value added at basic prices (GVA) (constant LCU), annual growth was 2.44 % change on previous year in 2025. ◆ Volatile
Latest (2025)
2.44 % change on previous year
Change on year
down 17.2%
World rank
127th
of 195 countries
All-time high
13.29 % change on previous year
in 1988
All-time low
-7.63 % change on previous year
in 1998
Years of data
65
1961–2025
Gross value added at basic prices (GVA) (constant LCU), annual growth in Thailand, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), annual growth in Thailand is 2.44 % change on previous year, measured in 2025.
Compared with earlier readings it is down 17.2% on the previous year and down 22.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth 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 127th out of 195 countries with data for 2025, 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 value added at basic prices (GVA) (constant LCU), annual growth in Thailand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 5.36 % change on previous year | — |
| 1962 | 7.55 % change on previous year | +40.9% |
| 1963 | 8 % change on previous year | +5.9% |
| 1964 | 6.83 % change on previous year | -14.6% |
| 1965 | 8.18 % change on previous year | +19.8% |
| 1966 | 11.12 % change on previous year | +35.9% |
| 1967 | 8.62 % change on previous year | -22.5% |
| 1968 | 8.12 % change on previous year | -5.7% |
| 1969 | 6.55 % change on previous year | -19.3% |
| 1970 | 11.41 % change on previous year | +74.2% |
| 1971 | 4.9 % change on previous year | -57.1% |
| 1972 | 4.28 % change on previous year | -12.6% |
| 1973 | 10.24 % change on previous year | +139.3% |
| 1974 | 4.47 % change on previous year | -56.4% |
| 1975 | 4.97 % change on previous year | +11.3% |
| 1976 | 9.33 % change on previous year | +87.6% |
| 1977 | 9.84 % change on previous year | +5.5% |
| 1978 | 10.3 % change on previous year | +4.6% |
| 1979 | 5.37 % change on previous year | -47.8% |
| 1980 | 5.17 % change on previous year | -3.7% |
| 1981 | 5.91 % change on previous year | +14.2% |
| 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 | -8.3% |
| 1990 | 11.17 % change on previous year | -8.4% |
| 1991 | 8.56 % change on previous year | -23.4% |
| 1992 | 8.08 % change on previous year | -5.6% |
| 1993 | 8.25 % change on previous year | +2.1% |
| 1994 | 8 % change on previous year | -3.1% |
| 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 | -0.6906 % change on previous year | -140.0% |
| 2010 | 7.51 % change on previous year | -1187.9% |
| 2011 | 0.8401 % 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 | 0.9845 % 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 | -6.09 % change on previous year | -388.2% |
| 2021 | 1.56 % change on previous year | -125.6% |
| 2022 | 2.64 % change on previous year | +69.3% |
| 2023 | 2.25 % change on previous year | -14.7% |
| 2024 | 2.95 % change on previous year | +31.1% |
| 2025 | 2.44 % change on previous year | -17.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.82 % change on previous year | 5.36 % change on previous year | 11.12 % change on previous year | 9 |
| 1970s | 7.51 % change on previous year | 4.28 % change on previous year | 11.41 % change on previous year | 10 |
| 1980s | 7.29 % change on previous year | 4.65 % change on previous year | 13.29 % change on previous year | 10 |
| 1990s | 5.2 % change on previous year | -7.63 % change on previous year | 11.17 % change on previous year | 10 |
| 2000s | 4.32 % change on previous year | -0.6906 % change on previous year | 7.19 % change on previous year | 10 |
| 2010s | 3.64 % change on previous year | 0.8401 % change on previous year | 7.51 % change on previous year | 10 |
| 2020s | 0.9572 % change on previous year | -6.09 % change on previous year | 2.95 % change on previous year | 6 |
Countries ranked near Thailand
- 124 Bulgaria 2.56 % change on previous year compare
- 125 Moldova 2.54 % change on previous year compare
- 126 Gabon 2.47 % change on previous year compare
- 128 Chile 2.41 % change on previous year compare
- 129 Brazil 2.39 % change on previous year compare
- 130 Dominican Republic 2.16 % 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 32.88 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 264,922 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8419 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 6,783 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 19.98 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 160,932 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Thailand?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Thailand was 2.44 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Thailand?
- The highest recorded value was 13.29 % change on previous year in 1988.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Thailand?
- The lowest recorded value was -7.63 % change on previous year in 1998.
- How does Thailand rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Thailand ranks 127th out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Thailand?
- Over the last ten years it is down 22.1%. 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 value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 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 value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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 value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.