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

Latest (2025)
10.67 % change on previous year
Change on year
up 189.3%
World rank
68th
of 204 countries
All-time high
18.04 % change on previous year
in 2007
All-time low
-25.34 % change on previous year
in 1998
Years of data
32
1994–2025

Services, value added (current US$), annual growth rate in Thailand, 1994–2025

-30-20-10010201994200920251994: 12.3 % change on previous year1995: 13.8 % change on previous year1996: 8.6 % change on previous year1997: -17.2 % change on previous year1998: -25.3 % change on previous year1999: 13.7 % change on previous year2000: -0.032 % change on previous year2001: -4.4 % change on previous year2002: 10.3 % change on previous year2003: 9.7 % change on previous year2004: 13.9 % change on previous year2005: 8.4 % change on previous year2006: 15.2 % change on previous year2007: 18 % change on previous year2008: 9.1 % change on previous year2009: -1.1 % change on previous year2010: 16.3 % change on previous year2011: 10.6 % change on previous year2012: 8.8 % change on previous year2013: 7 % change on previous year2014: -0.529 % change on previous year2015: 1.9 % change on previous year2016: 4.9 % change on previous year2017: 11.7 % change on previous year2018: 12 % change on previous year2019: 9.6 % change on previous year2020: -8.5 % change on previous year2021: -1.9 % change on previous year2022: -2.2 % change on previous year2023: 8.7 % change on previous year2024: 3.7 % change on previous year2025: 10.7 % change on previous year

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

Annual values for Services, value added (current US$), annual growth rate in Thailand, 1994 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 65 Portugal 10.94 % change on previous year compare
  2. 66 Montenegro 10.9 % change on previous year compare
  3. 67 Djibouti 10.75 % change on previous year compare
  4. 69 Tanzania, United Republic of 10.66 % change on previous year compare
  5. 70 Sint Maarten (Dutch part) 10.64 % change on previous year compare
  6. 71 Romania 10.61 % change on previous year compare

See the full ranking of 252 places →

More economy & growth data for Thailand

All data for Thailand →

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.

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Services, value added (current US$), annual growth rate in Thailand. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-annual-growth-rate/thailand/

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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

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

Indicator
Services, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,451 data points, 1961–2025
Last refreshed

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.