Gross domestic product (GDP) in Thailand
Thailand: Gross domestic product (GDP) was 245.72 billion current GBP in 2014. ◆ Volatile
Latest (2014)
245.72 billion current GBP
Change on year
down 8.5%
World rank
30th
of 200 countries
All-time high
268.59 billion current GBP
in 2013
All-time low
228.96 million current GBP
in 1948
Years of data
69
1946–2014
Gross domestic product (GDP) in Thailand, 1946–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
Thailand recorded 245.72 billion current GBP for gross domestic product (gdp) in 2014.
The figure is down 8.5% on the previous year and up 160.2% over ten years.
Over the whole period, gross domestic product (gdp) in Thailand peaked at 268.59 billion current GBP in 2013 and was at its lowest, 228.96 million current GBP, in 1948.
Thailand ranks 30th of 200 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 domestic product (GDP) in Thailand, year by year
| Year | current GBP | Change |
|---|---|---|
| 1946 | 257.50 million current GBP | — |
| 1947 | 393.73 million current GBP | +52.9% |
| 1948 | 228.96 million current GBP | -41.8% |
| 1949 | 275.86 million current GBP | +20.5% |
| 1950 | 409.28 million current GBP | +48.4% |
| 1951 | 467.22 million current GBP | +14.2% |
| 1952 | 558.21 million current GBP | +19.5% |
| 1953 | 679.88 million current GBP | +21.8% |
| 1954 | 603.32 million current GBP | -11.3% |
| 1955 | 663.54 million current GBP | +10.0% |
| 1956 | 733.88 million current GBP | +10.6% |
| 1957 | 755.59 million current GBP | +3.0% |
| 1958 | 770.71 million current GBP | +2.0% |
| 1959 | 804.71 million current GBP | +4.4% |
| 1960 | 985.98 million current GBP | +22.5% |
| 1961 | 1.08 billion current GBP | +9.9% |
| 1962 | 1.18 billion current GBP | +9.1% |
| 1963 | 1.26 billion current GBP | +7.0% |
| 1964 | 1.39 billion current GBP | +9.9% |
| 1965 | 1.57 billion current GBP | +12.9% |
| 1966 | 1.89 billion current GBP | +20.3% |
| 1967 | 2.04 billion current GBP | +8.3% |
| 1968 | 2.53 billion current GBP | +24.1% |
| 1969 | 2.79 billion current GBP | +10.1% |
| 1970 | 2.95 billion current GBP | +5.8% |
| 1971 | 3.03 billion current GBP | +2.6% |
| 1972 | 3.27 billion current GBP | +8.0% |
| 1973 | 4.42 billion current GBP | +35.1% |
| 1974 | 5.86 billion current GBP | +32.5% |
| 1975 | 6.73 billion current GBP | +14.8% |
| 1976 | 9.45 billion current GBP | +40.5% |
| 1977 | 11.34 billion current GBP | +20.0% |
| 1978 | 12.52 billion current GBP | +10.4% |
| 1979 | 12.92 billion current GBP | +3.2% |
| 1980 | 13.92 billion current GBP | +7.7% |
| 1981 | 17.34 billion current GBP | +24.6% |
| 1982 | 20.95 billion current GBP | +20.8% |
| 1983 | 26.42 billion current GBP | +26.1% |
| 1984 | 31.42 billion current GBP | +19.0% |
| 1985 | 30.31 billion current GBP | -3.5% |
| 1986 | 29.40 billion current GBP | -3.0% |
| 1987 | 30.92 billion current GBP | +5.2% |
| 1988 | 34.67 billion current GBP | +12.1% |
| 1989 | 44.16 billion current GBP | +27.4% |
| 1990 | 48.06 billion current GBP | +8.8% |
| 1991 | 55.70 billion current GBP | +15.9% |
| 1992 | 63.50 billion current GBP | +14.0% |
| 1993 | 85.94 billion current GBP | +35.3% |
| 1994 | 95.85 billion current GBP | +11.5% |
| 1995 | 107.27 billion current GBP | +11.9% |
| 1996 | 117.32 billion current GBP | +9.4% |
| 1997 | 91.74 billion current GBP | -21.8% |
| 1998 | 68.64 billion current GBP | -25.2% |
| 1999 | 78.29 billion current GBP | +14.1% |
| 2000 | 83.54 billion current GBP | +6.7% |
| 2001 | 83.56 billion current GBP | +0.0% |
| 2002 | 89.61 billion current GBP | +7.2% |
| 2003 | 93.27 billion current GBP | +4.1% |
| 2004 | 94.43 billion current GBP | +1.2% |
| 2005 | 104.12 billion current GBP | +10.3% |
| 2006 | 120.52 billion current GBP | +15.7% |
| 2007 | 131.41 billion current GBP | +9.0% |
| 2008 | 158.50 billion current GBP | +20.6% |
| 2009 | 180.75 billion current GBP | +14.0% |
| 2010 | 220.64 billion current GBP | +22.1% |
| 2011 | 231.31 billion current GBP | +4.8% |
| 2012 | 251.50 billion current GBP | +8.7% |
| 2013 | 268.59 billion current GBP | +6.8% |
| 2014 | 245.72 billion current GBP | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 289.01 million current GBP | 228.96 million current GBP | 393.73 million current GBP | 4 |
| 1950s | 644.63 million current GBP | 409.28 million current GBP | 804.71 million current GBP | 10 |
| 1960s | 1.67 billion current GBP | 985.98 million current GBP | 2.79 billion current GBP | 10 |
| 1970s | 7.25 billion current GBP | 2.95 billion current GBP | 12.92 billion current GBP | 10 |
| 1980s | 27.95 billion current GBP | 13.92 billion current GBP | 44.16 billion current GBP | 10 |
| 1990s | 81.23 billion current GBP | 48.06 billion current GBP | 117.32 billion current GBP | 10 |
| 2000s | 113.97 billion current GBP | 83.54 billion current GBP | 180.75 billion current GBP | 10 |
| 2010s | 243.55 billion current GBP | 220.64 billion current GBP | 268.59 billion current GBP | 5 |
Countries ranked near Thailand
- 27 Norway 304.18 billion current GBP compare
- 28 Austria 265.51 billion current GBP compare
- 29 Iran 258.48 billion current GBP compare
- 31 United Arab Emirates 242.76 billion current GBP compare
- 32 Venezuela, Bolivarian Republic of 237.53 billion current GBP compare
- 33 Colombia 229.97 billion current GBP 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)
- Services, value added (constant LCU), per capita 100,662 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -0.8702 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 9 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 8,057 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gross domestic product (gdp) in Thailand?
- Gross domestic product (gdp) in Thailand was 245.72 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Thailand?
- The highest recorded value was 268.59 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Thailand?
- The lowest recorded value was 228.96 million current GBP in 1948.
- How does Thailand rank for gross domestic product (gdp)?
- Thailand ranks 30th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Thailand?
- Over the last ten years it is up 160.2%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.