Value of imported goods as a share of GDP in Thailand

Thailand: Value of imported goods as a share of GDP was 57.4% in 2024. ▲ Rising

Latest (2024)
57.4%
Change on year
up 4.3%
World rank
34th
of 201 countries
All-time high
62.2%
in 2012
All-time low
14.2%
in 1961
Years of data
65
1960–2024

Value of imported goods as a share of GDP in Thailand, 1960–2024

102030405060196019922024

Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for value of imported goods as a share of gdp in Thailand is 57.4%, measured in 2024.

Compared with earlier readings it is up 4.3% on the previous year and up 3.8% over ten years.

Over the whole period, value of imported goods as a share of gdp in Thailand peaked at 62.2% in 2012 and was at its lowest, 14.2%, in 1961.

Thailand ranks 34th of 201 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 65 years of available data.

Value of imported goods as a share of GDP in Thailand, year by year

Annual values for Value of imported goods as a share of GDP in Thailand, 1960 to 2024.
Year % Change
1960 14.2%
1961 14.2% -0.0%
1962 14.9% +4.9%
1963 15.4% +3.2%
1964 15.2% -0.9%
1965 14.3% -6.1%
1966 15.1% +5.3%
1967 16.5% +9.6%
1968 16.6% +0.7%
1969 16.5% -0.6%
1970 16.2% -2.1%
1971 15.5% -4.5%
1972 16.2% +4.8%
1973 16.4% +1.3%
1974 20.9% +27.7%
1975 20.1% -4.2%
1976 19.6% -2.2%
1977 21.6% +10.3%
1978 20.8% -4.0%
1979 24.3% +17.2%
1980 27.0% +10.7%
1981 26.6% -1.2%
1982 22.1% -17.0%
1983 24.0% +8.5%
1984 23.5% -2.0%
1985 22.1% -5.8%
1986 19.6% -11.3%
1987 23.7% +20.5%
1988 29.8% +25.9%
1989 32.5% +9.3%
1990 38.2% +17.4%
1991 37.0% -3.2%
1992 35.4% -4.3%
1993 34.4% -2.8%
1994 35.8% +4.1%
1995 40.6% +13.4%
1996 37.9% -6.6%
1997 40.6% +7.1%
1998 36.7% -9.4%
1999 38.9% +6.0%
2000 48.0% +23.2%
2001 50.2% +4.6%
2002 46.9% -6.4%
2003 48.8% +3.9%
2004 53.7% +10.1%
2005 61.4% +14.3%
2006 58.0% -5.5%
2007 52.7% -9.1%
2008 60.6% +15.0%
2009 47.0% -22.4%
2010 53.5% +13.8%
2011 61.1% +14.1%
2012 62.2% +1.9%
2013 58.7% -5.7%
2014 55.3% -5.8%
2015 49.6% -10.3%
2016 46.4% -6.4%
2017 48.2% +3.9%
2018 48.5% +0.4%
2019 43.2% -10.9%
2020 40.8% -5.5%
2021 52.0% +27.6%
2022 60.0% +15.2%
2023 55.0% -8.3%
2024 57.4% +4.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 15.3% 14.2% 16.6% 10
1970s 19.2% 15.5% 24.3% 10
1980s 25.1% 19.6% 32.5% 10
1990s 37.5% 34.4% 40.6% 10
2000s 52.7% 46.9% 61.4% 10
2010s 52.7% 43.2% 62.2% 10
2020s 53.0% 40.8% 60.0% 5

Countries ranked near Thailand

  1. 31 Kiribati 60.7% compare
  2. 32 Sint Maarten (Dutch part) 60.1% compare
  3. 33 Cambodia 59.8% compare
  4. 35 Latvia 53.7% compare
  5. 36 Bosnia and Herzegovina 53.3% compare
  6. 37 Eswatini 53.3% compare

See the full ranking of 201 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is value of imported goods as a share of gdp in Thailand?
Value of imported goods as a share of gdp in Thailand was 57.4% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
What is the highest value of imported goods as a share of gdp recorded in Thailand?
The highest recorded value was 62.2% in 2012.
What is the lowest value of imported goods as a share of gdp recorded in Thailand?
The lowest recorded value was 14.2% in 1961.
How does Thailand rank for value of imported goods as a share of gdp?
Thailand ranks 34th out of 201 countries with data for 2024.
Is value of imported goods as a share of gdp rising or falling in Thailand?
Over the last ten years it is up 3.8%. The long-run trend across the full record is rising.
Where does this Thailand data come from?
The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.

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Value of imported goods as a share of GDP in Thailand. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/merchandise-imports-as-a-share-of-countrys-gdp/thailand/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).