Services, value added in Thailand
Thailand: Services, value added was 347.25 billion current US$ in 2025. ◆ Volatile
Services, value added in Thailand, 1993–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Thailand recorded 347.25 billion current US$ for services, value added in 2025. That is the highest value across all 33 years on record.
That represents a change of up 10.7% on the previous year and up 57.5% over ten years.
Over the whole period, services, value added in Thailand peaked at 347.25 billion current US$ in 2025 and was at its lowest, 60.96 billion current US$, in 1998.
Thailand ranks 30th of 206 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Thailand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | 71.04 billion current US$ | — |
| 1994 | 79.76 billion current US$ | +12.3% |
| 1995 | 90.80 billion current US$ | +13.8% |
| 1996 | 98.57 billion current US$ | +8.6% |
| 1997 | 81.65 billion current US$ | -17.2% |
| 1998 | 60.96 billion current US$ | -25.3% |
| 1999 | 69.32 billion current US$ | +13.7% |
| 2000 | 69.30 billion current US$ | -0.0% |
| 2001 | 66.28 billion current US$ | -4.4% |
| 2002 | 73.08 billion current US$ | +10.3% |
| 2003 | 80.16 billion current US$ | +9.7% |
| 2004 | 91.30 billion current US$ | +13.9% |
| 2005 | 99.01 billion current US$ | +8.4% |
| 2006 | 114.10 billion current US$ | +15.2% |
| 2007 | 134.68 billion current US$ | +18.0% |
| 2008 | 147.00 billion current US$ | +9.1% |
| 2009 | 145.38 billion current US$ | -1.1% |
| 2010 | 169.04 billion current US$ | +16.3% |
| 2011 | 186.99 billion current US$ | +10.6% |
| 2012 | 203.36 billion current US$ | +8.8% |
| 2013 | 217.65 billion current US$ | +7.0% |
| 2014 | 216.49 billion current US$ | -0.5% |
| 2015 | 220.50 billion current US$ | +1.9% |
| 2016 | 231.22 billion current US$ | +4.9% |
| 2017 | 258.18 billion current US$ | +11.7% |
| 2018 | 289.13 billion current US$ | +12.0% |
| 2019 | 317.02 billion current US$ | +9.6% |
| 2020 | 290.11 billion current US$ | -8.5% |
| 2021 | 284.72 billion current US$ | -1.9% |
| 2022 | 278.37 billion current US$ | -2.2% |
| 2023 | 302.61 billion current US$ | +8.7% |
| 2024 | 313.77 billion current US$ | +3.7% |
| 2025 | 347.25 billion current US$ | +10.7% |
Thailand compared with similar countries
- Thailand's 347.25 billion current US$ is above the median for upper middle income countries, which is 24.02 billion current US$, 14.5× the median. (58 countries reporting)
- Thailand's 347.25 billion current US$ is above the median for East Asia & Pacific, which is 12.93 billion current US$, 26.9× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 78.87 billion current US$ | 60.96 billion current US$ | 98.57 billion current US$ | 7 |
| 2000s | 102.03 billion current US$ | 66.28 billion current US$ | 147.00 billion current US$ | 10 |
| 2010s | 230.96 billion current US$ | 169.04 billion current US$ | 317.02 billion current US$ | 10 |
| 2020s | 302.80 billion current US$ | 278.37 billion current US$ | 347.25 billion current US$ | 6 |
Countries ranked near Thailand
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 9.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0162 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 130.33 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.84 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 31.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0327 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 263.07 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.13 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Thailand?
- Services, value added in Thailand was 347.25 billion current US$ 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 347.25 billion current US$ in 2025.
- What is the lowest services, value added recorded in Thailand?
- The lowest recorded value was 60.96 billion current US$ in 1998.
- How does Thailand rank for services, value added?
- Thailand ranks 30th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Thailand?
- Over the last ten years it is up 57.5%. The long-run trend across the full record is volatile.
- 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 (current 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
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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.