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 197 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

02.5T5.0T7.5T10.0T12.5T196019922025

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 197 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest 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

  1. 35 Senegal 15.76 trillion constant LCU compare
  2. 36 Mali 12.67 trillion constant LCU compare
  3. 37 Sri Lanka 12.20 trillion constant LCU compare
  4. 39 Benin 11.07 trillion constant LCU compare
  5. 40 Kenya 10.47 trillion constant LCU compare
  6. 41 Burkina Faso 9.98 trillion constant LCU compare

See the full ranking of 197 places →

More economy & growth data for Thailand

All data for Thailand →

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 197 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.

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 8,338 data points, 1960–2025
Last refreshed

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.