Inflation, GDP deflator in Thailand
Thailand: Inflation, GDP deflator was -0.9% in 2025. ◆ Volatile
Inflation, GDP deflator in Thailand, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Thailand is -0.9%, measured in 2025.
That represents a change of down 200.6% on the previous year and down 220.5% over ten years.
Over the whole period, inflation, gdp deflator in Thailand peaked at 20.3% in 1974 and was at its lowest, -5.0%, in 1970.
Thailand ranks 194th of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Thailand, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 3.7% | — |
| 1962 | 0.5% | -85.4% |
| 1963 | -1.2% | -315.9% |
| 1964 | 2.7% | -329.5% |
| 1965 | 4.3% | +61.2% |
| 1966 | 8.2% | +91.0% |
| 1967 | -1.7% | -120.2% |
| 1968 | -0.3% | -84.8% |
| 1969 | 3.3% | -1417.6% |
| 1970 | -5.0% | -249.9% |
| 1971 | -0.8% | -84.3% |
| 1972 | 6.3% | -905.9% |
| 1973 | 18.4% | +191.1% |
| 1974 | 20.3% | +10.2% |
| 1975 | 3.5% | -82.8% |
| 1976 | 4.5% | +28.9% |
| 1977 | 6.0% | +33.7% |
| 1978 | 9.7% | +61.2% |
| 1979 | 8.6% | -10.8% |
| 1980 | 12.7% | +46.9% |
| 1981 | 8.4% | -34.1% |
| 1982 | 5.1% | -39.6% |
| 1983 | 3.6% | -27.9% |
| 1984 | 1.4% | -60.3% |
| 1985 | 2.2% | +50.4% |
| 1986 | 1.7% | -24.1% |
| 1987 | 4.7% | +185.7% |
| 1988 | 5.9% | +25.3% |
| 1989 | 6.1% | +3.4% |
| 1990 | 5.8% | -5.6% |
| 1991 | 5.7% | -0.5% |
| 1992 | 4.5% | -21.9% |
| 1993 | 6.5% | +44.5% |
| 1994 | 4.7% | -28.0% |
| 1995 | 5.7% | +22.8% |
| 1996 | 4.1% | -28.6% |
| 1997 | 4.4% | +7.9% |
| 1998 | 8.1% | +82.4% |
| 1999 | -2.6% | -132.0% |
| 2000 | 1.3% | -151.7% |
| 2001 | 1.9% | +44.1% |
| 2002 | 1.7% | -11.8% |
| 2003 | 2.1% | +27.2% |
| 2004 | 3.6% | +66.0% |
| 2005 | 5.1% | +42.7% |
| 2006 | 5.1% | +0.2% |
| 2007 | 2.5% | -51.5% |
| 2008 | 5.1% | +107.6% |
| 2009 | 0.2% | -96.2% |
| 2010 | 4.1% | +1995.3% |
| 2011 | 3.7% | -8.3% |
| 2012 | 1.9% | -49.0% |
| 2013 | 1.8% | -6.8% |
| 2014 | 1.4% | -19.0% |
| 2015 | 0.7% | -49.9% |
| 2016 | 2.6% | +265.1% |
| 2017 | 1.9% | -27.9% |
| 2018 | 1.4% | -24.8% |
| 2019 | 1.0% | -29.0% |
| 2020 | -1.3% | -227.2% |
| 2021 | 1.8% | -237.7% |
| 2022 | 4.6% | +161.1% |
| 2023 | 1.3% | -73.0% |
| 2024 | 0.9% | -31.0% |
| 2025 | -0.9% | -200.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.2% | -1.7% | 8.2% | 9 |
| 1970s | 7.2% | -5.0% | 20.3% | 10 |
| 1980s | 5.2% | 1.4% | 12.7% | 10 |
| 1990s | 4.7% | -2.6% | 8.1% | 10 |
| 2000s | 2.9% | 0.2% | 5.1% | 10 |
| 2010s | 2.1% | 0.7% | 4.1% | 10 |
| 2020s | 1.1% | -1.3% | 4.6% | 6 |
Countries ranked near Thailand
- 191 Malaysia -0.4% compare
- 192 Eswatini -0.4% compare
- 193 Costa Rica -0.5% compare
- 195 China -0.9% compare
- 196 Mozambique -1.0% compare
- 197 Equatorial Guinea -1.4% 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), annual growth 2.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 19.98 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Thailand?
- Inflation, gdp deflator in Thailand was -0.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Thailand?
- The highest recorded value was 20.3% in 1974.
- What is the lowest inflation, gdp deflator recorded in Thailand?
- The lowest recorded value was -5.0% in 1970.
- How does Thailand rank for inflation, gdp deflator?
- Thailand ranks 194th out of 212 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Thailand?
- Over the last ten years it is down 220.5%. 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 Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.