Merchandise trade as a proportion of GDP in Thailand
Thailand: Merchandise trade as a proportion of GDP was 115.3% in 2024. ▬ Flat
Latest (2024)
115.3%
Change on year
up 3.8%
World rank
22nd
of 218 countries
All-time high
122.5%
in 2008
All-time low
87.5%
in 2020
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Thailand, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Thailand recorded 115.3% for merchandise trade as a proportion of gdp in 2024.
The figure is up 3.8% on the previous year and up 3.2% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Thailand peaked at 122.5% in 2008 and was at its lowest, 87.5%, in 2020.
Thailand ranks 22nd of 218 countries on this measure, in the top 10%.
Merchandise trade as a proportion of GDP in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 103.6% | — |
| 2001 | 105.5% | +1.9% |
| 2002 | 98.8% | -6.3% |
| 2003 | 102.5% | +3.7% |
| 2004 | 110.3% | +7.5% |
| 2005 | 121.0% | +9.7% |
| 2006 | 116.6% | -3.7% |
| 2007 | 111.7% | -4.1% |
| 2008 | 122.5% | +9.6% |
| 2009 | 101.6% | -17.1% |
| 2010 | 110.3% | +8.6% |
| 2011 | 121.7% | +10.4% |
| 2012 | 120.3% | -1.2% |
| 2013 | 113.9% | -5.3% |
| 2014 | 111.8% | -1.9% |
| 2015 | 103.9% | -7.0% |
| 2016 | 99.1% | -4.6% |
| 2017 | 100.4% | +1.3% |
| 2018 | 98.9% | -1.5% |
| 2019 | 88.7% | -10.3% |
| 2020 | 87.5% | -1.4% |
| 2021 | 106.5% | +21.8% |
| 2022 | 118.7% | +11.4% |
| 2023 | 111.2% | -6.4% |
| 2024 | 115.3% | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 109.4% | 98.8% | 122.5% | 10 |
| 2010s | 106.9% | 88.7% | 121.7% | 10 |
| 2020s | 107.9% | 87.5% | 118.7% | 5 |
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)
- Gross capital formation (current US$), annual growth rate 12.14 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2207 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,778 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 4.48 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 7.26 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 58,470 current LCU per person (2025)
- Imports of goods and services (current US$), annual growth rate 11 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.6727 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Thailand?
- Merchandise trade as a proportion of gdp in Thailand was 115.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Thailand?
- The highest recorded value was 122.5% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Thailand?
- The lowest recorded value was 87.5% in 2020.
- How does Thailand rank for merchandise trade as a proportion of gdp?
- Thailand ranks 22nd out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Thailand?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is flat.
- Where does this Thailand data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).