Services, value added in Thailand

Thailand: Services, value added was 289.72 billion constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
289.72 billion constant 2015 US$
Change on year
up 3.1%
World rank
30th
of 194 countries
All-time high
289.72 billion constant 2015 US$
in 2025
All-time low
95.48 billion constant 2015 US$
in 1993
Years of data
33
1993–2025

Services, value added in Thailand, 1993–2025

100.0B150.0B200.0B250.0B300.0B1993200920251993: 95.5B constant 2015 US$1994: 102.3B constant 2015 US$1995: 109.9B constant 2015 US$1996: 115.4B constant 2015 US$1997: 113.0B constant 2015 US$1998: 105.6B constant 2015 US$1999: 108.8B constant 2015 US$2000: 114.6B constant 2015 US$2001: 119.4B constant 2015 US$2002: 126.2B constant 2015 US$2003: 132.6B constant 2015 US$2004: 141.8B constant 2015 US$2005: 147.7B constant 2015 US$2006: 155.0B constant 2015 US$2007: 163.0B constant 2015 US$2008: 164.7B constant 2015 US$2009: 165.0B constant 2015 US$2010: 176.3B constant 2015 US$2011: 182.7B constant 2015 US$2012: 197.8B constant 2015 US$2013: 205.7B constant 2015 US$2014: 209.9B constant 2015 US$2015: 220.5B constant 2015 US$2016: 230.8B constant 2015 US$2017: 243.8B constant 2015 US$2018: 255.6B constant 2015 US$2019: 265.4B constant 2015 US$2020: 246.8B constant 2015 US$2021: 247.5B constant 2015 US$2022: 257.6B constant 2015 US$2023: 269.6B constant 2015 US$2024: 280.9B constant 2015 US$2025: 289.7B constant 2015 US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.

Analysis

Thailand recorded 289.72 billion constant 2015 US$ for services, value added in 2025. That is the highest value across all 33 years on record.

That represents a change of up 3.1% on the previous year and up 31.4% over ten years.

Over the whole period, services, value added in Thailand peaked at 289.72 billion constant 2015 US$ in 2025 and was at its lowest, 95.48 billion constant 2015 US$, in 1993.

Thailand ranks 30th of 194 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 33 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 107.22 billion constant 2015 US$ 95.48 billion constant 2015 US$ 115.38 billion constant 2015 US$ 7
2000s 143.02 billion constant 2015 US$ 114.62 billion constant 2015 US$ 165.03 billion constant 2015 US$ 10
2010s 218.85 billion constant 2015 US$ 176.27 billion constant 2015 US$ 265.39 billion constant 2015 US$ 10
2020s 265.35 billion constant 2015 US$ 246.83 billion constant 2015 US$ 289.72 billion constant 2015 US$ 6

Countries ranked near Thailand

  1. 28 Singapore 297.58 billion constant 2015 US$ compare
  2. 29 Israel 290.63 billion constant 2015 US$ compare
  3. 31 Norway 278.51 billion constant 2015 US$ compare
  4. 32 United Arab Emirates 274.80 billion constant 2015 US$ compare
  5. 33 Egypt 274.48 billion constant 2015 US$ compare

See the full ranking of 238 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is services, value added in Thailand?
Services, value added in Thailand was 289.72 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Thailand?
The highest recorded value was 289.72 billion constant 2015 US$ in 2025.
What is the lowest services, value added recorded in Thailand?
The lowest recorded value was 95.48 billion constant 2015 US$ in 1993.
How does Thailand rank for services, value added?
Thailand ranks 30th out of 194 countries with data for 2025.
Is services, value added rising or falling in Thailand?
Over the last ten years it is up 31.4%. The long-run trend across the full record is rising.
Where does this Thailand data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 9,810 data points, 1960–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.