Gross value added at basic prices (GVA) (current US$), annual growth in Thailand

Thailand: Gross value added at basic prices (GVA) (current US$), annual growth was 9 % change on previous year in 2025. ◆ Volatile

Latest (2025)
9 % change on previous year
Change on year
up 275.9%
World rank
96th
of 205 countries
All-time high
32.54 % change on previous year
in 1973
All-time low
-24.31 % change on previous year
in 1998
Years of data
65
1961–2025

Gross value added at basic prices (GVA) (current US$), annual growth in Thailand, 1961–2025

-2002040196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, gross value added at basic prices (gva) (current us$), annual growth in Thailand stood at 9 % change on previous year.

That represents a change of up 275.9% on the previous year and up 706.4% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Thailand peaked at 32.54 % change on previous year in 1973 and was at its lowest, -24.31 % change on previous year, in 1998.

Thailand ranks 96th of 205 countries on this measure, 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) (current US$), annual growth in Thailand, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), annual growth rate in Thailand, 1961 to 2025.
Year % change on previous year Change
1961 9.9 % change on previous year
1962 9.06 % change on previous year -8.5%
1963 7 % change on previous year -22.8%
1964 9.85 % change on previous year +40.8%
1965 12.85 % change on previous year +30.5%
1966 20.28 % change on previous year +57.8%
1967 6.8 % change on previous year -66.5%
1968 7.85 % change on previous year +15.3%
1969 10.1 % change on previous year +28.7%
1970 5.84 % change on previous year -42.2%
1971 4.07 % change on previous year -30.3%
1972 10.89 % change on previous year +167.4%
1973 32.54 % change on previous year +198.9%
1974 26.43 % change on previous year -18.8%
1975 8.61 % change on previous year -67.4%
1976 14.13 % change on previous year +64.1%
1977 16.45 % change on previous year +16.5%
1978 21.37 % change on previous year +29.9%
1979 14.02 % change on previous year -34.4%
1980 18.2 % change on previous year +29.8%
1981 7.7 % change on previous year -57.7%
1982 5 % change on previous year -35.0%
1983 9.44 % change on previous year +88.6%
1984 4.38 % change on previous year -53.6%
1985 -6.93 % change on previous year -258.2%
1986 10.79 % change on previous year -255.6%
1987 17.26 % change on previous year +60.0%
1988 22.03 % change on previous year +27.6%
1989 17.16 % change on previous year -22.1%
1990 18.12 % change on previous year +5.6%
1991 15.11 % change on previous year -16.6%
1992 13.46 % change on previous year -10.9%
1993 15.64 % change on previous year +16.3%
1994 13.81 % change on previous year -11.7%
1995 15.4 % change on previous year +11.6%
1996 8.13 % change on previous year -47.2%
1997 -17.95 % change on previous year -320.9%
1998 -24.31 % change on previous year +35.4%
1999 11.43 % change on previous year -147.0%
2000 -0.2187 % change on previous year -101.9%
2001 -4.82 % change on previous year +2105.5%
2002 11.64 % change on previous year -341.4%
2003 13.39 % change on previous year +15.0%
2004 13.54 % change on previous year +1.1%
2005 9.5 % change on previous year -29.8%
2006 17.14 % change on previous year +80.4%
2007 18.57 % change on previous year +8.4%
2008 10.82 % change on previous year -41.8%
2009 -3.32 % change on previous year -130.7%
2010 21.08 % change on previous year -735.2%
2011 8.71 % change on previous year -58.7%
2012 7.21 % change on previous year -17.2%
2013 5.73 % change on previous year -20.6%
2014 -3.09 % change on previous year -154.0%
2015 -1.48 % change on previous year -52.0%
2016 3.01 % change on previous year -302.7%
2017 10.4 % change on previous year +245.8%
2018 11.04 % change on previous year +6.2%
2019 7.35 % change on previous year -33.5%
2020 -8.03 % change on previous year -209.4%
2021 1.15 % change on previous year -114.4%
2022 -2.05 % change on previous year -277.3%
2023 4.3 % change on previous year -310.1%
2024 2.39 % change on previous year -44.4%
2025 9 % change on previous year +275.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 10.41 % change on previous year 6.8 % change on previous year 20.28 % change on previous year 9
1970s 15.43 % change on previous year 4.07 % change on previous year 32.54 % change on previous year 10
1980s 10.5 % change on previous year -6.93 % change on previous year 22.03 % change on previous year 10
1990s 6.88 % change on previous year -24.31 % change on previous year 18.12 % change on previous year 10
2000s 8.62 % change on previous year -4.82 % change on previous year 18.57 % change on previous year 10
2010s 7 % change on previous year -3.09 % change on previous year 21.08 % change on previous year 10
2020s 1.13 % change on previous year -8.03 % change on previous year 9 % change on previous year 6

Countries ranked near Thailand

  1. 93 Lesotho 9.09 % change on previous year compare
  2. 94 Guatemala 9.03 % change on previous year compare
  3. 95 Denmark 9.02 % change on previous year compare
  4. 97 Chile 8.94 % change on previous year compare
  5. 98 Macao 8.9 % change on previous year compare
  6. 99 Greece 8.85 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is gross value added at basic prices (gva) (current us$), annual growth in Thailand?
Gross value added at basic prices (gva) (current us$), annual growth in Thailand was 9 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Thailand?
The highest recorded value was 32.54 % change on previous year in 1973.
What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Thailand?
The lowest recorded value was -24.31 % change on previous year in 1998.
How does Thailand rank for gross value added at basic prices (gva) (current us$), annual growth?
Thailand ranks 96th out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Thailand?
Over the last ten years it is up 706.4%. 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 value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), annual growth in Thailand. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/thailand/

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How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross value added at basic prices (GVA) (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.