Real gdp growth in Thailand
Thailand: Real gdp growth was 2.41 in 2025. ◆ Volatile
Real gdp growth in Thailand, 1980–2025
Source: Our World in Data.
Analysis
In 2025, real gdp growth in Thailand stood at 2.41.
That represents a change of down 18.1% on the previous year and down 23.0% over ten years.
Over the whole period, real gdp growth in Thailand peaked at 13.29 in 1988 and was at its lowest, -7.63, in 1998.
That places Thailand 135th out of 196 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 4.6 | — |
| 1981 | 5.91 | +28.5% |
| 1982 | 5.35 | -9.4% |
| 1983 | 5.58 | +4.3% |
| 1984 | 5.76 | +3.2% |
| 1985 | 4.64 | -19.4% |
| 1986 | 5.53 | +19.2% |
| 1987 | 9.52 | +72.0% |
| 1988 | 13.29 | +39.6% |
| 1989 | 12.19 | -8.2% |
| 1990 | 11.62 | -4.7% |
| 1991 | 8.4 | -27.7% |
| 1992 | 9.23 | +9.8% |
| 1993 | 8.68 | -6.0% |
| 1994 | 8 | -7.8% |
| 1995 | 8.12 | +1.5% |
| 1996 | 5.65 | -30.4% |
| 1997 | -2.75 | -148.7% |
| 1998 | -7.63 | +177.2% |
| 1999 | 4.57 | -159.9% |
| 2000 | 4.46 | -2.6% |
| 2001 | 3.44 | -22.7% |
| 2002 | 6.15 | +78.5% |
| 2003 | 7.19 | +16.9% |
| 2004 | 6.29 | -12.5% |
| 2005 | 4.19 | -33.4% |
| 2006 | 4.97 | +18.6% |
| 2007 | 5.43 | +9.4% |
| 2008 | 1.73 | -68.2% |
| 2009 | -0.691 | -140.0% |
| 2010 | 7.51 | -1187.3% |
| 2011 | 0.84 | -88.8% |
| 2012 | 7.24 | +762.3% |
| 2013 | 2.69 | -62.9% |
| 2014 | 0.984 | -63.4% |
| 2015 | 3.13 | +218.5% |
| 2016 | 3.44 | +9.6% |
| 2017 | 4.18 | +21.6% |
| 2018 | 4.22 | +1.1% |
| 2019 | 2.12 | -49.9% |
| 2020 | -6.09 | -388.1% |
| 2021 | 1.55 | -125.5% |
| 2022 | 2.69 | +72.9% |
| 2023 | 2.24 | -16.6% |
| 2024 | 2.94 | +31.5% |
| 2025 | 2.41 | -18.1% |
Thailand compared with similar countries
- Thailand's 2.41 is below the median for upper middle income countries, which is 3.49, 69% of the median. (57 countries reporting)
- Thailand's 2.41 is below the median for East Asia & Pacific, which is 4.05, 60% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +1187.3% | -0.691 | 7.51 |
| 2012 | +762.3% | 0.84 | 7.24 |
| 2020 | -388.1% | 2.12 | -6.09 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.24 | 4.6 | 13.29 | 10 |
| 1990s | 5.39 | -7.63 | 11.62 | 10 |
| 2000s | 4.32 | -0.691 | 7.19 | 10 |
| 2010s | 3.64 | 0.84 | 7.51 | 10 |
| 2020s | 0.9572 | -6.09 | 2.94 | 6 |
Countries ranked near Thailand
- 132 Trinidad and Tobago 2.51 compare
- 133 Tunisia 2.49 compare
- 134 Moldova, Republic of 2.42 compare
- 136 Oman 2.4 compare
- 137 Micronesia, Federated States of 2.29 compare
- 138 Chile 2.29 compare
More economy & growth data for Thailand
- Real gdp growth, annual growth rate -18.06 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.7 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 79.86 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.6567 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 58.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.87 % change on previous year (2025)
Frequently asked questions
- What is real gdp growth in Thailand?
- Real gdp growth in Thailand was 2.41 in 2025, according to Our World in Data.
- What is the highest real gdp growth recorded in Thailand?
- The highest recorded value was 13.29 in 1988.
- What is the lowest real gdp growth recorded in Thailand?
- The lowest recorded value was -7.63 in 1998.
- How does Thailand rank for real gdp growth?
- Thailand ranks 135th out of 196 countries with data for 2025.
- Is real gdp growth rising or falling in Thailand?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
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