Gross value added at basic prices (GVA) in Thailand
Thailand: Gross value added at basic prices (GVA) was 11.53 trillion constant LCU in 2025. ◆ Volatile
Latest (2025)
11.53 trillion constant LCU
Change on year
up 2.4%
World rank
38th
of 198 countries
All-time high
11.53 trillion constant LCU
in 2025
All-time low
377.46 billion constant LCU
in 1960
Years of data
66
1960–2025
Gross value added at basic prices (GVA) in Thailand, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Thailand is 11.53 trillion constant LCU, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 21.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Thailand peaked at 11.53 trillion constant LCU in 2025 and was at its lowest, 377.46 billion constant LCU, in 1960.
Thailand ranks 38th of 198 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 value added at basic prices (GVA) in Thailand, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 377.46 billion constant LCU | — |
| 1961 | 397.70 billion constant LCU | +5.4% |
| 1962 | 427.75 billion constant LCU | +7.6% |
| 1963 | 461.96 billion constant LCU | +8.0% |
| 1964 | 493.52 billion constant LCU | +6.8% |
| 1965 | 533.90 billion constant LCU | +8.2% |
| 1966 | 593.28 billion constant LCU | +11.1% |
| 1967 | 644.40 billion constant LCU | +8.6% |
| 1968 | 696.74 billion constant LCU | +8.1% |
| 1969 | 742.38 billion constant LCU | +6.6% |
| 1970 | 827.07 billion constant LCU | +11.4% |
| 1971 | 867.56 billion constant LCU | +4.9% |
| 1972 | 904.68 billion constant LCU | +4.3% |
| 1973 | 997.28 billion constant LCU | +10.2% |
| 1974 | 1.04 trillion constant LCU | +4.5% |
| 1975 | 1.09 trillion constant LCU | +5.0% |
| 1976 | 1.20 trillion constant LCU | +9.3% |
| 1977 | 1.31 trillion constant LCU | +9.8% |
| 1978 | 1.45 trillion constant LCU | +10.3% |
| 1979 | 1.53 trillion constant LCU | +5.4% |
| 1980 | 1.61 trillion constant LCU | +5.2% |
| 1981 | 1.70 trillion constant LCU | +5.9% |
| 1982 | 1.79 trillion constant LCU | +5.4% |
| 1983 | 1.89 trillion constant LCU | +5.6% |
| 1984 | 2.00 trillion constant LCU | +5.8% |
| 1985 | 2.09 trillion constant LCU | +4.6% |
| 1986 | 2.21 trillion constant LCU | +5.5% |
| 1987 | 2.42 trillion constant LCU | +9.5% |
| 1988 | 2.74 trillion constant LCU | +13.3% |
| 1989 | 3.07 trillion constant LCU | +12.2% |
| 1990 | 3.42 trillion constant LCU | +11.2% |
| 1991 | 3.71 trillion constant LCU | +8.6% |
| 1992 | 4.01 trillion constant LCU | +8.1% |
| 1993 | 4.34 trillion constant LCU | +8.3% |
| 1994 | 4.69 trillion constant LCU | +8.0% |
| 1995 | 5.07 trillion constant LCU | +8.1% |
| 1996 | 5.36 trillion constant LCU | +5.7% |
| 1997 | 5.21 trillion constant LCU | -2.8% |
| 1998 | 4.81 trillion constant LCU | -7.6% |
| 1999 | 5.03 trillion constant LCU | +4.6% |
| 2000 | 5.25 trillion constant LCU | +4.5% |
| 2001 | 5.44 trillion constant LCU | +3.4% |
| 2002 | 5.77 trillion constant LCU | +6.1% |
| 2003 | 6.18 trillion constant LCU | +7.2% |
| 2004 | 6.57 trillion constant LCU | +6.3% |
| 2005 | 6.85 trillion constant LCU | +4.2% |
| 2006 | 7.19 trillion constant LCU | +5.0% |
| 2007 | 7.58 trillion constant LCU | +5.4% |
| 2008 | 7.71 trillion constant LCU | +1.7% |
| 2009 | 7.66 trillion constant LCU | -0.7% |
| 2010 | 8.23 trillion constant LCU | +7.5% |
| 2011 | 8.30 trillion constant LCU | +0.8% |
| 2012 | 8.90 trillion constant LCU | +7.2% |
| 2013 | 9.14 trillion constant LCU | +2.7% |
| 2014 | 9.23 trillion constant LCU | +1.0% |
| 2015 | 9.52 trillion constant LCU | +3.1% |
| 2016 | 9.85 trillion constant LCU | +3.4% |
| 2017 | 10.26 trillion constant LCU | +4.2% |
| 2018 | 10.69 trillion constant LCU | +4.2% |
| 2019 | 10.92 trillion constant LCU | +2.1% |
| 2020 | 10.25 trillion constant LCU | -6.1% |
| 2021 | 10.41 trillion constant LCU | +1.6% |
| 2022 | 10.69 trillion constant LCU | +2.6% |
| 2023 | 10.93 trillion constant LCU | +2.2% |
| 2024 | 11.25 trillion constant LCU | +2.9% |
| 2025 | 11.53 trillion constant LCU | +2.4% |
Thailand compared with similar countries
- Thailand's 11.53 trillion constant LCU is above the median for upper middle income countries, which is 504.09 billion constant LCU, 22.9× the median. (57 countries reporting)
- Thailand's 11.53 trillion constant LCU is above the median for East Asia & Pacific, which is 473.15 billion constant LCU, 24.4× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 536.91 billion constant LCU | 377.46 billion constant LCU | 742.38 billion constant LCU | 10 |
| 1970s | 1.12 trillion constant LCU | 827.07 billion constant LCU | 1.53 trillion constant LCU | 10 |
| 1980s | 2.15 trillion constant LCU | 1.61 trillion constant LCU | 3.07 trillion constant LCU | 10 |
| 1990s | 4.56 trillion constant LCU | 3.42 trillion constant LCU | 5.36 trillion constant LCU | 10 |
| 2000s | 6.62 trillion constant LCU | 5.25 trillion constant LCU | 7.71 trillion constant LCU | 10 |
| 2010s | 9.51 trillion constant LCU | 8.23 trillion constant LCU | 10.92 trillion constant LCU | 10 |
| 2020s | 10.84 trillion constant LCU | 10.25 trillion constant LCU | 11.53 trillion constant LCU | 6 |
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)
- 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 value added at basic prices (gva) in Thailand?
- Gross value added at basic prices (gva) in Thailand was 11.53 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Thailand?
- The highest recorded value was 11.53 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Thailand?
- The lowest recorded value was 377.46 billion constant LCU in 1960.
- How does Thailand rank for gross value added at basic prices (gva)?
- Thailand ranks 38th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Thailand?
- Over the last ten years it is up 21.1%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.