Services, value added (current LCU), annual growth rate in Thailand
Thailand: Services, value added (current LCU), annual growth rate was 3.11 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Thailand, 1994–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (current lcu), annual growth rate in Thailand stood at 3.11 % change on previous year.
Compared with earlier readings it is down 39.6% on the previous year and down 58.0% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Thailand peaked at 12.78 % change on previous year in 1995 and was at its lowest, -7.76 % change on previous year, in 2020.
Thailand ranks 182nd of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Thailand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1994 | 11.52 % change on previous year | — |
| 1995 | 12.78 % change on previous year | +10.9% |
| 1996 | 10.42 % change on previous year | -18.4% |
| 1997 | 2.52 % change on previous year | -75.8% |
| 1998 | -1.55 % change on previous year | -161.5% |
| 1999 | 3.97 % change on previous year | -356.3% |
| 2000 | 6.04 % change on previous year | +52.4% |
| 2001 | 5.94 % change on previous year | -1.6% |
| 2002 | 6.6 % change on previous year | +11.0% |
| 2003 | 5.93 % change on previous year | -10.2% |
| 2004 | 10.43 % change on previous year | +76.0% |
| 2005 | 8.44 % change on previous year | -19.1% |
| 2006 | 8.53 % change on previous year | +1.1% |
| 2007 | 7.56 % change on previous year | -11.4% |
| 2008 | 5.33 % change on previous year | -29.4% |
| 2009 | 1.78 % change on previous year | -66.6% |
| 2010 | 7.46 % change on previous year | +318.2% |
| 2011 | 6.45 % change on previous year | -13.5% |
| 2012 | 10.86 % change on previous year | +68.3% |
| 2013 | 5.8 % change on previous year | -46.7% |
| 2014 | 5.15 % change on previous year | -11.2% |
| 2015 | 7.4 % change on previous year | +43.7% |
| 2016 | 8.07 % change on previous year | +9.1% |
| 2017 | 7.37 % change on previous year | -8.7% |
| 2018 | 6.61 % change on previous year | -10.3% |
| 2019 | 5.36 % change on previous year | -18.9% |
| 2020 | -7.76 % change on previous year | -244.8% |
| 2021 | 0.2837 % change on previous year | -103.7% |
| 2022 | 7.2 % change on previous year | +2437.2% |
| 2023 | 7.91 % change on previous year | +9.8% |
| 2024 | 5.15 % change on previous year | -34.8% |
| 2025 | 3.11 % change on previous year | -39.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.61 % change on previous year | -1.55 % change on previous year | 12.78 % change on previous year | 6 |
| 2000s | 6.66 % change on previous year | 1.78 % change on previous year | 10.43 % change on previous year | 10 |
| 2010s | 7.05 % change on previous year | 5.15 % change on previous year | 10.86 % change on previous year | 10 |
| 2020s | 2.65 % change on previous year | -7.76 % change on previous year | 7.91 % change on previous year | 6 |
Countries ranked near Thailand
- 179 Sri Lanka 3.4 % change on previous year compare
- 180 Qatar 3.32 % change on previous year compare
- 181 Denmark 3.18 % change on previous year compare
- 183 El Salvador 2.89 % change on previous year compare
- 184 Puerto Rico 2.83 % change on previous year compare
- 185 Italy 2.29 % change on previous year 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 (current US$), annual growth rate 10.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6018 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 4,848 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 19.79 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 159,432 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.14 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5021 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 4,045 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Thailand?
- Services, value added (current lcu), annual growth rate in Thailand was 3.11 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Thailand?
- The highest recorded value was 12.78 % change on previous year in 1995.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Thailand?
- The lowest recorded value was -7.76 % change on previous year in 2020.
- How does Thailand rank for services, value added (current lcu), annual growth rate?
- Thailand ranks 182nd out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Thailand?
- Over the last ten years it is down 58.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.