Gross value added at basic prices (GVA) in Thailand
Thailand: Gross value added at basic prices (GVA) was 577.01 billion current US$ in 2025. ◆ Volatile
Latest (2025)
577.01 billion current US$
Change on year
up 9.0%
World rank
25th
of 207 countries
All-time high
577.01 billion current US$
in 2025
All-time low
2.76 billion current US$
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 current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Thailand stood at 577.01 billion current US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 9.0% on the previous year and up 43.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Thailand peaked at 577.01 billion current US$ in 2025 and was at its lowest, 2.76 billion current US$, in 1960.
Thailand ranks 25th of 207 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Thailand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 2.76 billion current US$ | — |
| 1961 | 3.03 billion current US$ | +9.9% |
| 1962 | 3.31 billion current US$ | +9.1% |
| 1963 | 3.54 billion current US$ | +7.0% |
| 1964 | 3.89 billion current US$ | +9.9% |
| 1965 | 4.39 billion current US$ | +12.9% |
| 1966 | 5.28 billion current US$ | +20.3% |
| 1967 | 5.64 billion current US$ | +6.8% |
| 1968 | 6.08 billion current US$ | +7.8% |
| 1969 | 6.70 billion current US$ | +10.1% |
| 1970 | 7.09 billion current US$ | +5.8% |
| 1971 | 7.38 billion current US$ | +4.1% |
| 1972 | 8.18 billion current US$ | +10.9% |
| 1973 | 10.84 billion current US$ | +32.5% |
| 1974 | 13.70 billion current US$ | +26.4% |
| 1975 | 14.88 billion current US$ | +8.6% |
| 1976 | 16.99 billion current US$ | +14.1% |
| 1977 | 19.78 billion current US$ | +16.5% |
| 1978 | 24.01 billion current US$ | +21.4% |
| 1979 | 27.37 billion current US$ | +14.0% |
| 1980 | 32.35 billion current US$ | +18.2% |
| 1981 | 34.85 billion current US$ | +7.7% |
| 1982 | 36.59 billion current US$ | +5.0% |
| 1983 | 40.04 billion current US$ | +9.4% |
| 1984 | 41.80 billion current US$ | +4.4% |
| 1985 | 38.90 billion current US$ | -6.9% |
| 1986 | 43.10 billion current US$ | +10.8% |
| 1987 | 50.54 billion current US$ | +17.3% |
| 1988 | 61.67 billion current US$ | +22.0% |
| 1989 | 72.25 billion current US$ | +17.2% |
| 1990 | 85.34 billion current US$ | +18.1% |
| 1991 | 98.23 billion current US$ | +15.1% |
| 1992 | 111.45 billion current US$ | +13.5% |
| 1993 | 128.89 billion current US$ | +15.6% |
| 1994 | 146.68 billion current US$ | +13.8% |
| 1995 | 169.28 billion current US$ | +15.4% |
| 1996 | 183.03 billion current US$ | +8.1% |
| 1997 | 150.18 billion current US$ | -18.0% |
| 1998 | 113.68 billion current US$ | -24.3% |
| 1999 | 126.67 billion current US$ | +11.4% |
| 2000 | 126.39 billion current US$ | -0.2% |
| 2001 | 120.30 billion current US$ | -4.8% |
| 2002 | 134.30 billion current US$ | +11.6% |
| 2003 | 152.28 billion current US$ | +13.4% |
| 2004 | 172.90 billion current US$ | +13.5% |
| 2005 | 189.32 billion current US$ | +9.5% |
| 2006 | 221.76 billion current US$ | +17.1% |
| 2007 | 262.94 billion current US$ | +18.6% |
| 2008 | 291.38 billion current US$ | +10.8% |
| 2009 | 281.71 billion current US$ | -3.3% |
| 2010 | 341.11 billion current US$ | +21.1% |
| 2011 | 370.82 billion current US$ | +8.7% |
| 2012 | 397.56 billion current US$ | +7.2% |
| 2013 | 420.33 billion current US$ | +5.7% |
| 2014 | 407.34 billion current US$ | -3.1% |
| 2015 | 401.30 billion current US$ | -1.5% |
| 2016 | 413.37 billion current US$ | +3.0% |
| 2017 | 456.36 billion current US$ | +10.4% |
| 2018 | 506.75 billion current US$ | +11.0% |
| 2019 | 543.98 billion current US$ | +7.3% |
| 2020 | 500.27 billion current US$ | -8.0% |
| 2021 | 506.05 billion current US$ | +1.2% |
| 2022 | 495.69 billion current US$ | -2.0% |
| 2023 | 517.01 billion current US$ | +4.3% |
| 2024 | 529.39 billion current US$ | +2.4% |
| 2025 | 577.01 billion current US$ | +9.0% |
Thailand compared with similar countries
- Thailand's 577.01 billion current US$ is above the median for upper middle income countries, which is 39.41 billion current US$, 14.6× the median. (58 countries reporting)
- Thailand's 577.01 billion current US$ is above the median for East Asia & Pacific, which is 22.97 billion current US$, 25.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.46 billion current US$ | 2.76 billion current US$ | 6.70 billion current US$ | 10 |
| 1970s | 15.02 billion current US$ | 7.09 billion current US$ | 27.37 billion current US$ | 10 |
| 1980s | 45.21 billion current US$ | 32.35 billion current US$ | 72.25 billion current US$ | 10 |
| 1990s | 131.34 billion current US$ | 85.34 billion current US$ | 183.03 billion current US$ | 10 |
| 2000s | 195.33 billion current US$ | 120.30 billion current US$ | 291.38 billion current US$ | 10 |
| 2010s | 425.89 billion current US$ | 341.11 billion current US$ | 543.98 billion current US$ | 10 |
| 2020s | 520.90 billion current US$ | 495.69 billion current US$ | 577.01 billion current US$ | 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$), annual growth rate 19.13 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Thailand?
- Gross value added at basic prices (gva) in Thailand was 577.01 billion current US$ 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 577.01 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Thailand?
- The lowest recorded value was 2.76 billion current US$ in 1960.
- How does Thailand rank for gross value added at basic prices (gva)?
- Thailand ranks 25th out of 207 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 43.8%. 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) (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.