Services, value added (current US$), annual growth rate in Thailand
Thailand: Services, value added (current US$), annual growth rate was 10.67 % change on previous year in 2025. ◆ Volatile
Services, value added (current US$), annual growth rate in Thailand, 1994–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), annual growth rate in Thailand is 10.67 % change on previous year, measured in 2025.
That represents a change of up 189.3% on the previous year and up 475.7% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Thailand peaked at 18.04 % change on previous year in 2007 and was at its lowest, -25.34 % change on previous year, in 1998.
Thailand ranks 68th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Thailand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1994 | 12.27 % change on previous year | — |
| 1995 | 13.84 % change on previous year | +12.8% |
| 1996 | 8.56 % change on previous year | -38.2% |
| 1997 | -17.16 % change on previous year | -300.6% |
| 1998 | -25.34 % change on previous year | +47.6% |
| 1999 | 13.71 % change on previous year | -154.1% |
| 2000 | -0.0316 % change on previous year | -100.2% |
| 2001 | -4.36 % change on previous year | +13688.8% |
| 2002 | 10.25 % change on previous year | -335.3% |
| 2003 | 9.69 % change on previous year | -5.4% |
| 2004 | 13.9 % change on previous year | +43.4% |
| 2005 | 8.45 % change on previous year | -39.2% |
| 2006 | 15.23 % change on previous year | +80.3% |
| 2007 | 18.04 % change on previous year | +18.4% |
| 2008 | 9.14 % change on previous year | -49.3% |
| 2009 | -1.1 % change on previous year | -112.1% |
| 2010 | 16.28 % change on previous year | -1575.2% |
| 2011 | 10.62 % change on previous year | -34.7% |
| 2012 | 8.75 % change on previous year | -17.6% |
| 2013 | 7.02 % change on previous year | -19.8% |
| 2014 | -0.5293 % change on previous year | -107.5% |
| 2015 | 1.85 % change on previous year | -450.1% |
| 2016 | 4.86 % change on previous year | +162.1% |
| 2017 | 11.66 % change on previous year | +140.1% |
| 2018 | 11.99 % change on previous year | +2.8% |
| 2019 | 9.64 % change on previous year | -19.5% |
| 2020 | -8.49 % change on previous year | -188.0% |
| 2021 | -1.86 % change on previous year | -78.1% |
| 2022 | -2.23 % change on previous year | +20.0% |
| 2023 | 8.71 % change on previous year | -490.4% |
| 2024 | 3.69 % change on previous year | -57.7% |
| 2025 | 10.67 % change on previous year | +189.3% |
Thailand compared with similar countries
- Thailand's 10.67 % change on previous year is above the median for upper middle income countries, which is 8.4 % change on previous year, 1.3× the median. (58 countries reporting)
- Thailand's 10.67 % change on previous year is above the median for East Asia & Pacific, which is 6.62 % change on previous year, 1.6× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current US$), annual growth rate in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | -13688.8% | -0.0316 % change on previous year | -4.36 % change on previous year |
| 2010 | +1575.2% | -1.1 % change on previous year | 16.28 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9806 % change on previous year | -25.34 % change on previous year | 13.84 % change on previous year | 6 |
| 2000s | 7.92 % change on previous year | -4.36 % change on previous year | 18.04 % change on previous year | 10 |
| 2010s | 8.22 % change on previous year | -0.5293 % change on previous year | 16.28 % change on previous year | 10 |
| 2020s | 1.75 % change on previous year | -8.49 % change on previous year | 10.67 % change on previous year | 6 |
Countries ranked near Thailand
- 65 Portugal 10.94 % change on previous year compare
- 66 Montenegro 10.9 % change on previous year compare
- 67 Djibouti 10.75 % change on previous year compare
- 69 Tanzania 10.66 % change on previous year compare
- 70 Sint Maarten (Dutch part) 10.64 % change on previous year compare
- 71 Romania 10.61 % change on previous year compare
More economy & growth data for Thailand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.7 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0056 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Thailand?
- Services, value added (current us$), annual growth rate in Thailand was 10.67 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Thailand?
- The highest recorded value was 18.04 % change on previous year in 2007.
- What is the lowest services, value added (current us$), annual growth rate recorded in Thailand?
- The lowest recorded value was -25.34 % change on previous year in 1998.
- How does Thailand rank for services, value added (current us$), annual growth rate?
- Thailand ranks 68th out of 204 countries with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in Thailand?
- Over the last ten years it is up 475.7%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.